Indianapolis Times, Volume 40, Number 44, Indianapolis, Marion County, 12 July 1928 — Page 12

PAGE 12

STOCKS DECLINE AFTER STARTING HIGHERIN MART Selling Orders Flood Street in Heaviest Trading Day of Month.

Average Stock Prices

Average of twenty Industrials Wednesday was 206.43, off 6.28. Average of twenty rails was 136.77. off 1.83. Average of forty bonds was 96.89, off .29. Bu United Press NEW YORK, July 12.—Some support came into stock market dealings early today following the sharp set-back in the previous session and moderate rallying tendencies were displayed by General Motors, U. S. Steel and Radio, the latter two issues advancing around a point each. Heavy selling, however, went ahead in the mail order shares and other special issues which were under pressure Wednesday. American and some of the independent motor shares were also supported to some extent. Shortly after the opening another large flood of selling orders struck the market and prices fell below their opening figures in many cases. Activity was greater than at any other time 7 this month, although public participation continued on a small scale. Bearish professionals were active on the short side in many special issues. Describing the market, the Wall Street Journal’s financial review today said: “Business news overnight gave further testimony regarding resistance of general business conditions to the seasonal tendency toward recession. Although freight loadings in the week ended June 30, showed a decline of 18,000 cars from last year, they are up 16,000 cars from the preceding week. Latest reports of individual roads demonstrated that many instances traffic is running ahead of a year ago. “However, stocks paid no attention in the early dealings to any other factor than money and conditions within the market. Wednesday’s drastic decline necessitated

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Seidel \ -.o* „ecV9A v .. if & Oreh. \ ’US/ Lester \ 111 & FOX 2jjl I_ VjW f —I and Prices: 11-1,\25c; i^, r ,“ in 1-6. 35c; Evdping, 50e. N Hd Harry Fox In I/I “Welcome, Harry." W \ It

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank c-earlngs today were $4,560,000. Debits were $7,822,000. NEW YORK STATEMENT Bu United Press NEW YORK, July 12.—Bank clearings today were $1,079,000,000. Clearing house balance was $118,000,000. Federal reserve bank credit balance was $106,0f10,000, CHICAGO STATEMENT Bit United Press CHICAGO, July 12.—Bank clearings today were $131,800,000. Clearing nouse balance was $8,300,000. TREASURE STATEMENT WASHINGTON 1 , July 12.—The Treasury net balance for July 10 was $197,380,824.35. Customs receipts this month to July 10 were $11,536,959.48.

Cash Grain

—July 12— r e bids for car lots of grain at the call of the Indianapolis Board of Trade, f. o. b., basis 41%c New York rate, were: Wheat—Weak; No. 2 red, $1.5001.55; No. 2 hard. $1.2001.25. Corn—Firm; No. 3 white. $1.03%@1.04%: No. 4 white, $1.0101.02%; No. 3 yellow, $1 @1.02; No. 4 yellow. 98c®$l; No. 3 mixed, 97 @ 99c; No. 4 mixed. 954197 c. Oats—Steady; NO. 2 white, 64@65c; No. 3 white, 62®63c. Hay—Firm; No. 1 timothy, $15.50® 16; No. 2 timothy, [email protected]; No. 1 light clover mixed, sls® 15.50; No. 1 clover hay, $17.50 @>lß. —lnspections-r-Wheat—No. 3 red, 1 car. Total. 1 car. Corn—No. 2 white, 1 car; No. 4 white. 1 car; No. 5 white. 1 car; No. 6 white, 2 cars; sample whlet, 2 cars; No. 1 yellow, 3 cars; No. 2 yellow, 4 cars; No. 3 yellow, 10 cars; No. 4 yellow, 2 cars; No. 5 yellow, 3 cars; No. 6 yellow, 3 cars; No. 2 mixed, 2 cars; No. 3 mixed, 1 car; No. 6 mixed, 1 car. Total, 36 cars. Oats—No. 2 white. 4 cars; No. 3 white, 1 car; No. 4 white, i cas. Total, 6 cars. SUGAR OPENING Bn United Press NEW YORK, July 12.—Sugar futures opened higher. September, 2.35, up .01; December, 2.48. up .02; January. 2.46, up .02; March, 2,44, up .02; May, 2.51, up .03. considerable liquidation of impaired accounts and further breaks took place in principal trading stocks in early dealings today.’’ G. M. C., Steel Figure in Recovery Some recovery was scored in principal trading stocks in the early afternoon from a temporary oversold condition and sharp advances from their early lows were made by General Motors, steel and SearsRoebuck, the latter issue registering a net gain from the previous close. Montgomery Ward also met some support and held steady around its previous closing levels. Independent motor shares also recovered with strenth in the leader and Chrysler, Packard and Studebaker made gains of around a point each from their lows. Trading also showed a marked disposition to slow down when attempts were made to force further recessions in pivotal issues and there was considerably less nervousness on the part of the bullish contingent.

MOTION PICTURES

TONE UNCERTAIN IN OPENING PITS AT MARTTODAY Grains Irregular, December Wheat Falling Below Wednesday’s Low. Bu United Press CHICAGO, July 12.—Uncertainty marked today’s opening on the Board of Trade, with all commodities showing but little change from Wednesday’s close. September wheat dropped slightly below Wednesday's seasonal low. Corn was fractionally higher and oats practically unchanged. Wheat opened unchanged to M cent off, corn was up % to % cent and oats was unchanged to % cent up. Provisions were slightly higher. Receipts of wheat in the Southwest were again heavy Wednesday. Houses in that section continued to hedge, but firms here, which had been selling, were on the buying side at Wednesday’s close. Liverpool was stronger than expected today. •* Good growing weather favored all parts of the corn belt. Rain fell in some sections, but not in excessive quantities. The supply of old corn is low, and the cash market is consequently strong. Old oats is also a scarce commodity. Reports from all parts of the belt are favorable. Deliveries of the new crop are expected soon. Chicago Grain Table —July 12WHEAT— prev. High. Low. 12:00 close. July 1.207a 1.28'a 1.29',a 1.28% September .. 1.33% 1.32 1.33 'i 132% December 1.37% 1.33 1.37% 1.36V* CORN— July 1.06% 1.05% 1.06 V* 1.05 7 /* September ... .98V* .97% .97% 97% December ... .83% .82% .82% .82% OATS— July 47% .47% .47% .47% September .. .41% .41 .41'/* .41 December ... .43% .43% .43% .43% RYE— July 1.13 1.12% 1.12% 1.13 September .. 1.10% 1.09% 1.09% 1.09% December .. 1.11% 1.10% 1.11% 1.10% LARD— July ..' 11.97 September .. 12.30 .... 12.30 12.27 October ... 12.47 .... 12.45 12.42 RIBS— July 13.25 .... 13.25 13.10 September .. 13.50 .... 13.50 13.47 Bn Times Special CHICAGO. July 12.—Carlots: Wheat. 8; corn. 96; oats, 21; rye, 1.

Local Wagon Wheat

Local grain elevators are paying $1.45 for No. 2 red wheat. Other grades are ourchased on their merits

MOTION PICTURES

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AMUSEMENTS

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Broadway’s Famous Comedian

THE INDIANAPOLIS TIMES

New York Stocks

—July 12—Railroad*— Prev. High. Low. 12:00 close. Atchison 187 ... 186 1 /* 187 Atl Coast Line.. .167'/2 ... 167% 167% Balt & Ohio 107 106 106'% 107 Canadian Pac ..202 ... 200% 202% Chesa & Ohio ..179 178% 179 179'/* Chi & Alton 10 ... 10 10V* Chi & N West.. 80 ... 80 81 Chi Grt West... 13% ... 13 13% CR I & P 111% ... 111, 112 Del & Hudson... 185V* 184'/* 184% 185 V. Erie 52'/a ... 52V. 52V* Erie Ist pfd ... 52 ... 52 53 Grt Nor pfd 96% 111 Central 140% 140 140 138 Kan City South 48 ... 48 48 MK6c T 36% 35% 35% 36V* Mo Pac pfd ....114% 113% 114% 114% N Y Central ...169 168 168 168V* NYN H & H... 56 ... 55% 56% Nor Pacific 94% 94% 94% 95 Norfolk & West 177 ... 176% 177% Pere Marquette ,129V* ... 129V* ... Pennsylvania ... 63% 63% 63% 63V* Reading 99 ... 99 100 Southern Ry ...146 . . 147% 146% Southern Pac ...120% ... 119% 119% St Paul 33’. ... 33'% 33% St Paul pfd .... 44% ... 44% 45% St L & S W 84 St L& S F 112 111% 112 111% Texas & Pac ....157 155% 157 161 Union Pacific ..192% 191% 192% 192% West Maryland 38% 38% 38% 38% Wabash 71% 70V* 70% 70 Rubbers— Ajax 8% ... 8% 8% Fisk 11% 11% U% 12 Goodrich 74% 74 74% 73% Goodyear 47% m. .. 47 48 Kelly-Spgfld .... 20% .. 20% 20% Lee 18% ... 18% 19 United States ... 29% ... 29% 29% Equipments— Am Car & Fdy. 92% ... 92% 92-a Am Locomotive 95V* ... 95% 95% Am Steel Fd .... 52'/ ... 52 V* 53 General Elec ...146 145 145/4 *ls ( 4 Gen Rv Signal .. 95% 94% 95 94 2 Lima LOCO 49% ... % 42% N Y Air Brake .. 41% ... 40% ... Pullman 82 ... 81% 81% Westingh Air B. 45% ... 44- 45% Westlngh Elec .. 91V* ••• 91V* 91/* Bethlehem 84 ... 54- 53/* Colorado Fuel .. 59% ... 57% 58 Crucible 71 ••• 70 * il Gulf States Stl.. 59 ... 59 59% Phil RC & I ... 29% ... 29% 29% Rep Iron 6c Stl •• 51-s Otis Steel 22 ... 21% 22% U S Steel 135% 134% 135 124% Alloy 32% ... 22 23 Youngstwn Stl.. 86V* ... 88% 86; Vanadium Corp. 69% 68'/* 69 69% Motors— „ .... , Am Bosch Mag.. 31 ... 30V* 31% Ohandler ... Chrysler Corp... 71% 69% iO% 71 Conti Motors ... 12 11 Vs 12 12 Dodge Bros .... 14V* ... 14% 13% Gabriel Snbbrs.. 19V* ... 19% 19% General Motors..l9l 1854* 186 190% Hudson 82% 80% 82 82% Hupp 56% 55 Vs 55% 56 Jordan .•• 10 % Mack Trucks... 89 88% 89 88% Marttn-Parry 17% Moon 7V* ... 7J4 7% Paige 305* ... , 30% 31 Nash ........... 83 81% 62% 88V* Packard 73% 72% 72% 73% Peerless 17% ... 17% 18 Pierce Arrow ... 12% 12% 12V* 12V* Studebaker Cor 67% 65V* 67 67V* Stew Warner .. 86% ... 86% 87 Stromberg Cart.. 50 ... 50 52% Timken Bear ...118% ... 118% 118'* WiUys-Overland. 21V* ... 21 Vi 214* Yellow Coach .. 33 ... 32% 33Vi White Motor... 37% 364* 37 37 Mining— Am Smlt. & Rfg.189% ... 189% 190 Anaconda Cop.. 66% 66% 66% 96 Calumet 6e Arlz.. 95 ... 95 96 Cerro de Pasco.. 75 ... 74% 75% Chile Copper ... 4444 .. . 444 45 Greene Ca Cop.. 98% 96% 98 98% Inspiration Cop. 22 Int Nickel 91% 90 90 91% Kennecott Cop .. 92% 9144 92 91V* Magma Cop ... 49% 40V* 49% 50 Miami Copper .. 20 . . 20 20 Texas Gulf Sul.. 66% 66 66% 66% U S Smelt 46 Oils— Atlantic Rfg ...134% 133% 134% 134% Cal Petrol 31% 'Freeport-Texas. 68% ... 68% 69 Houston 011 ....130 ... 120 131 Indp Oil 6c Gas 24V, ... 24 23’/, Marland Oil 34% ... 34% 35 Mld-Contl Petrol 29 Lago Oil & Tr 32 Pan-Am Pet (B) 42% ... 42 42V, Phillips Petrol.. 37V* ... 37% 37% Pro & Rfgrs... 24 ... 23% 24 Union of Ca 1.... 49% ... 49% 50% Pure Oil 22% ... 22% 22% Royal Dutch .... 55 ... 5444 55% Richfield 44% 44 44 % 45 Shgll 26% ... 26 % 26 % Simms Petrol ... 19% ... 19% 20 Sinclair Oil .... 24% 23% 2344 24% Skellv OH 29% ... 29% 29% Std OH Cal 57% ... 57 57V, Std Oil N J.... 43V* ... 42% 43% Std OH N Y.... 34% 33% 33% 33% Texas Corp .... 5844 584* 5844 59% Transcontl 7% ... 7% 7% Industrials— Adv Rumely ... 45% ... 45% 45% Allis Chalmers .129 ... 123 129 Allied Chemical 169 ... 168% 169 Armour (A) .... 18% ... 18% 18% Amer Can 84% 82% 82% 83% Am Hide Lea 10% Am H L pfd 47 Am Linseed 10% Am Safety Raz 60 Am Ice 39% 39 39% 39% Am Wool 18% Coca Cola 161% ... 161% 162 Conti Can 96% ... 96V* 95% Certain teed ... 40% Congoleum 22% ... 22% 22% Curtis 100 ... 98% 100% Davison Chem .. 48% 4844 48% 43 Dupont 37444 ... 3734* 375 Famous Players .127 12544 126 127 Gen Asphalt .... 70% ... 70V* 71 Int Bush Mch 120 Int Cm Mch ... 58% 57 57% 59 Int Paper 69% ... 6844 70'4 Int Harvester ...259 ... 259 259'% Lambert 105'/* ... 105 106 Loews 52% ... 52% 53V* Kelvinator 15% 15 15V* 15% Montgom Ward. .154% ... 152% 154% Natl C R 59% 59 59 V* 59 Pittsburgh Coal. 46V ... 464* 47 Owens Bottle 77% Radio Corp 112 ... 11144 165 Real Silk 27% ... 27% 27% Rem Rand 284* ... 2844 2844 Sears Roebuck . .112 11044 111% 11244 Union Carbide .145% ... 145 146 U S Leather 43 ... 42% 44 Unlv Pipe 18% ... 1844 19 0 8 Cl Ir Pipe 248 U S Indus Alco .108 ... 107 107% Wright 142% 139 139 145 Woolworth Cos ..179% ... 179 181% Utilities— Am Tel* Te1..174 ... 174 174% Am Express ....189 ... 189 19! Am Wat Wks ... 5644 ... 56% 56 Brklyn-Manh T. .. ... ... 61% Col G& E 105% ... 105% 106 * Consol Gas .....145% '45% 145% 145% Elec Pow &Lt.. 37 % 37% 37 % 39% Interboro .. ... 38% Nor Am Cos 69 ... 68% 70 Nat Power 33V* 33V* 33V*

JOHNNY —- GIN--- BEER

’- V T&Sst

<By Thomson St McKinnon)

Pub Svc N J ... 54 ... 53% 54 So Calif E 46% ... 464* 47 Std Gas &El ... 64% ... 64 64% Utilities Power .. 37% 37 37'/* 37% West Union Tel. 142% ... 142% 140% Shipping— Am Inti Corp .. 95 92 V* 93 95 Am Ship 6c Com 4% ... 4'/* ... Atl Gulf 6c WI. 46% ... 46V* 47 Inti Mer M pfd. 36% ... 36 36V* United Fruit ..134V* ... 134% 134% Foods— Am Sug Rfg.... 70V, ... 69% 70’/, Am Beet Sugar 15% ... 15% 15 Austin Nichols ... 5% Beechnut Pkg 72% California Pkg.. 71 ... 71 71 Corn Products 70V* Cuba Cane Su p 20% 20% 20% 19% Cuban Am Sug 19V* ... 19 Fleischmann Cos. 68% ... 68% 68% Jewel Tea 104 ... 102V* 103% Jones Bros Tea. 27% ... 27V* ... Natl Biscuit ..1604* ... 160% 162% Nat Dairy ...... 77% ... 76% 77 Postum Cos 126 ... 125V* 126’-* Ward Baking B 18*/* Tobaccos— Am Sumatra ... 59 ... 59 60 Am Tobacco ....154 153 153'/* 154 Am Tob (Bl ...154'% 153% 154 154 Con Cigars .... 86 ... 85 86 General Cigar . 6244 ... 61% ... Llg 6c Myers.... 84'/* ... 84% 84'/* Lorlllard 25% ... 25% 26 R J Reynolds ..137 ... 136% 135% Tob Prod (Bl .100'/* 100% 100% 100% United Cigar St. 25 ... 25 25 Schulte Ret Strs. 54% ... 54% 54^

Produce Markets

Butter (wholesale price) No. 1. 47048 c: No. 2. 45046 c lb. Butterfat (buying price)—4sc lb Cheese (wholesale selling prices, per pound)—American loaf, 34c; pimento loaf. 33c; Wisconsin flat, 3?c; prime cream. 25® 27c; flat daisy, 26027 c; Longhorn. 26® 27c; New York llmberger, 32c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 26®27c doz. Poultry—(Buying prlcesi; hens, 22; Leghorn hens, 14@15c; 1928 spring, large breed. 2 lbs. and up, 28®29e; 1%&1% 'bs„ 23® 25c; Leghorns. 20@31c; old roosters, large, 12c; small. 10c; ducks. 10c; geese, 8019 c; guineas, young, 50c; old. 35c. Bn United Press NEW YORK, July 12.—Flour—Quiet and weak. Pork—Stronger; mess, s3l/50. Lard —Firmer; midwest spot. $12.30® 12.40. Sugar—Raw weakVs spot 96 test delivered duty paid, 4.12 c; refined, dull; granulated, 5.85i5.90c. Coffee—Rio No. 7 on spot. 16%(H 16c; Santos No. 4, 23%®24c. Tallow —Quiet; special to extra, 808'4c. HayDull; No. 1. $1.25; No. 3. 75c® $1: clover. 70c® 1.15. Dressed poultry—Dull; turkevs, 25® 47c: chickens, 26® 43c; broilers. 30@4ic; fowls, 154; 30c; ducks. Long Island. 23c. Live poultry—Quiet; geese, 10® 12c: ducks. 15023 c; fowls, 254;28c; turkevs, 204;25c; roosters, 184; 19c; broilers. 284; 45c. Cheese —State whole milk. 304; 32c; young Americas fresh. 26’jc. Potatoes—Southern. $1.20 @1.75; Bermuda, S4®s. Sweet potatoes— Jersey, baskets. $24;6. Butter—Easy; receipts, 13.718; creamery, extra, 45®‘45%c; special market. 45%4;46%c. Eggs—Unsettled: receipts, 23.197: nearby white fancy, 374; 39c; nearby State whites. 31® 37c: fresh firsts, 30%®30%c; western whites, 31033%c; Pacific Coasts, 32®39c; nearby browns. 30'*ff; 38c. Bn United Pres * CLEVELAND. July 12.—Butter—Extras in tub lots, 46%®49%c: extra firsts. 444; 46c; seconds. 40 0 42c; prints. 1 to 3 cents above current quotations. Eggs—Extras. 30c: extra first*. 31%c; firsts, 29c; ordinary. 27c. Poultry—Heavy broilers. 35®40c; Leghorns. 25;.; 27c: heavy fowl*. 27®28c: medium stock. 26,6127 c: Leghorns. 18®20c: old ducks, 20@ 22c: young ducks. 22024 c. Potatoes—United States No. 1. cloth top. stave barrels, Virginia. $2; North Carolina. $1.2501.75. slat barrels. $1,504; 1.75.

In the Cotton Market

(By Thomson 6c McKinnon) NEW )ORK, July 12.—We had a long confeggnee Wednesday night with some people who know the textile business tnoioughly. Mill business is about like we thought. Volume small and profits narrow or non-existent. The situation ts discounted to this extend —hedge sales have been made against stocks, both cotton and cloth. We have been bullish a long time, but we see too much risk on the long side now with a big acreage. Sell on advances. Bn United Press NEW YORK. July 12.—Cotton futures opened lower. July, 21.85, off .20; October, 22.05, off .10: December, 21,87, off .21; January. 21.73. off .25; March. 21.65. off .19. SOAP MERGER PLANNED Consolidation of Palmolive-Peet and Colgate Announced. Bn United Press CHICAGO, July 12.—Consolidation of Palmolive-Peet and Colgate & Cos. has been announced by directors of the two concerns. The merger, if approved by stockholders, will be effective as of July 1, 1928, it was announced. The name will be the Colgate Palmolive Peet Company, and manufacturing units will be located in Milwaukee, Chicago, Jersey City, N. J., Jeffersonville, Ind., Kansas City, xias., Berkeley, Cal., and Portland, Ore. Executive offices will be located here. Births „ Gin* Roy and Charlotte Coat*. Methodist Hospital. Ervin and Zelma Singer. Methodist Hospital. Forrest and Oladys Blaricum. 2648 Applegate. Ray and Mildred Carr, 656 Coffey. George and Clara Downev, 92 N. Holmes. Blrtle and Sarah De Hart. 833 N. Pine. Orbray and Elsie Jones. 34 S. Bradley. Wesley and Mary Brown. 2310 Valiev. William and Bettlna Humphreys, 1706 N. Alabama. Edgar and Pearl Crews, 1166 W. TwentyEighth. Marshall and Nannie Hawliln*. 841 Buchanan. Wilbur and Mary Howard. 1952 Yandes. Jessie and Elberta Anderson, 516 Blake. Eugene and Lillian Baugh. 1913 Alvord. Jesse and Letia Clark. 813 N. Keystone. Nesher and Emily Bakjlan, 3162 Graceland. Charles and Marguerite Studevant. 5132 Baltimore. Fred and Clara Nichols. 6135 Central. Ora and Bertha See, city hospital. Rubin and Ruth Washington, city hospital. Walter and Mollle Stevenson, city hospital. Robert and Marie Caldwell, city hospital. Fred and Ella Walker, city hospital. Domlck and Mary Spdorcia, city hospital. Boys P. C. and Opal Prentice, Methodist Hospital. , , William and Lona Benge. 2134- Avondale. Otis and Julia Rogers, 519 N. Traub. George and Kittle Moore, 1501 Madison. Elmer and Fanny May, 339 S. Temple. Hawey and Elsie Pebbles. 516 N. New Jersey. Robert and Nora Slagle, 131 W. TwentySeventh. Stanley and Leila Thomas. 2616 Linsfle.d and Ethel Hill, city hospital. Charles and Arizona Gardner, c.,., pital. WHliafh and Obelia Dunlver, city hospital. William and Vessie Collier, city hospital. Cecil and Tilile Myers, city hospital. Twins Charles an dDorothy Crenshaw, city hospital, girls. Deaths Cecil L. York. 34, Methodist Hospital, acute appendicitis. Infant Tegeler, 1 day, Coleman Hospital, Intracranial hemorrhage. John J. Wertz, 30, 1250 N. Belle Vleu, endocarditis. Sadie C. Flood, 69, Methodist Hospital, uremia. Ralph John Raasch, 23, 1110 N. La Salle, pulmonary tuberculosis. Belle Meek Humphrey, 78, 3268 Washington Blvd., uremia. Mollle B. Gilmore, 66, 1850 Dexter, diabetes mellltus. Bernard Wershlng, 23, Long Hospital, tuberculous meningitis. Mary A. Kolwes, 78, 139 E. Forty-Eighth, chronic myocarditis. John George Holm, 19, 116 N. Colorado, mitral Insufficiency. Louise Holt, 29, W. Sixteenth and Winton, accidental. Mabel A. Davis, 2, city hospital, broncho pneumonia. George Love. 50, city hospital, carcinoma. Mary L. Bernloehr, 64, 815 English, carcinoma;

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YOBK MEMBERS New York Stock Exchange Chicago Board of Trad*' New York Cotton Exchange Chicago Stock Exchange New York Curb Aasociatlon 300 Fletcher American Bank Bldg. Telephone LI ncoln 8391

ALL HOGS RISE 10 CENTS, TOP REACHESSII.6O Best Lambs Drop Quarter; All Other Animals Are Steady. July Bulk. Top. Receipts. 6. [email protected] 11.80 7,500 7. 9.75011.50 11.50 7.000 9. [email protected] 11.65 5.500 10. 9.75® 11.40 11.50 8.000 11. [email protected] 11.50 5.000 12. 10.00011.50 11.60 7,000 Rising generally 10 to 15 cents on the hundredweiht, porkers sold at a top price of $11.60 at the Union Stockyards today. The bulk of all ceipts numbered 7,000 and there were 470 holdovers. Top fat lambs were weak and all other material in the market was steady. Traders were asking generally 10 to 15 cents higher at Chicago today and a few loads of choice 180-260-pounders brought [email protected]. Receipts were estimated at 22,000. Packing Sows Steady Heavy meat animals sold for $11.25 <3 11.50, up 10 to 25 cents, while material in the 200-250-pound class advanced 10 to 15 cents, selling at $11.50011.60. Lights, 160-200 pounds, brought $11.25011.50, 10 to 25 cents higher, and light lights, 130-160 pounds, went up evenly 25 cents to slOOll. Pigs, 90-130 pounds, were a quarter higher, selP ing for $8.2509.75. Packing sows were unchanged at $9.250 10.25. Beef steers were strong at $13.50 015.75, in a steady cattle market supplied with 900 head. Beef cows brought $8.250 10.50, and low cutter and cutter cows were priced at $5,25 0 7.25. Bulk stock and feeder steers went at SBOI2. Top Lambs Down Best vealers were unchanged at $15016, as were heavy calves, selling at s7Oll. There were about 900 animals in the calf division. Top fat lambs dropped 25 cents and sold for sls, while the rest of the sheep market remained unchanged. Rulk fat lambs sold for' $14015, and bulk culls, at s9Oll. Bulk fat ewes went at $4.5006.50. There were about 1,500 received. —Hogs— Receipts, 7,090; market, higher. 250-350 lbs $11.25® 11.50 200-250 los 11.50011.60 160-200 lbs 11.25® 11.50 130-160 lbs 10.004; 11.00 90-130 lbs 8.25® 9.75 Packing sows 9.25010.25 -CattleReceipts, 900; market, steady. Beef steers sl3. SO® 15.75 Beef cows 8.25 0 10.50 Low cutters and cutter cows.. S.2s(c;> 7.25 Bulk stock and feeder steers.. [email protected] —Calve*— Receipts. 900; market, steady. Best vealers SIS.OO@ 16.00 Heavy caives 7.00011.00 —Sheep— Receipts. 1.500; market, steady to weak. Top fat iambs $15.00 Bulk fat lambs 14.00® 15.00 Bulk cull lambs 9.00® 11.00 Fat ewes 4.50@ 6.50 Other Livestock Bu United Press CHICAGO. July 12. Hogs—Receipts, 22,000; market, mostly 10@'15c higher than Wednesday's average; light and packing sows, 10®20c higher; top, $11.45 paid (or choice 280-340 lb. weights; butchers, medium to choice. 250-350 lbs., $10.35®) 11.40: 200-250 lbs.. $10,504; 11.45: 160-200 lbs.. $10.20® 11.45- 130-160 lbs.. $9.25011.25: packing sows. $9.25® 10.40; pigs, medium to choice. 90-'3O lbs.. $8,754; 10.40. Cattle —Receipts, 9,000; calves, 3.000; market, general trade active. 104|15c higher; medium weights and weighty steers snowing most advance; top, i147-lb. averages, $16.25: slaughter classes, steers, good apd choice, 1300-1500 lbs., [email protected]; 110013000 lbs.. $14.50® 16.25; 950-1100 lbs.. $14.50® 16.25; common and medium, 50 lbs., s9® 14.50; fed yearlings, good and choice, 750-950 lbs., $14,254; 16.25; heifers, good and choice, 50 lbs. down, sl4 254; 16: common and medium, $94(14.25: cows, good and choice. $9.25012.25; common and medium, s7® 9.25; low cutter and cutter. $5.50 07; bulls, good and choice, beef, $9.10 4; 9.75; cutter to medium, $7,254(9.40; vealers. milk fed, good and choice, $14.50® 16.50; medium, $124(14.50: cull and common. *8012: Stocker and feeder steers, good and choice, all weights. $11,754; 13; common and medium. [email protected]. Sheep —Receipts, 10,000: market, fat lambs, mostly steady; top 10® 15c lower: rangers, slow; lambs, good and choice, 92 lbs. down, $14.85® 15.90: medium. *13.500 14.85: cull and common, *10.50013.50: ewes, medium to choice. 150 lbs. down, *407; cull and common, *1.753.25; feeder lambs, good and choice, $12.05013.35. Bu United Press FT. WAYNE. Ind., July 12.—Hogs—Receipts, 300; market steady to 25c higher; 90-110 lbs., *8.40: 110-170 lbs., *9.15; 130MO lbs., *9.75; 140-150 lbs., *10.25; 150160 lbs., $10.50; 160-170 lbs., *10.85; 170200 lbs., *11.15; 200-250 lbs., *1'.30: 25000 lbs.. *11.50; 300-350 lbs., *11; roughs. 594; 9.25; stags, *6®6.50. Calves—Receipts, 25; market sl6 down. Sheep—Receipts, 100; market spring lambs *l4 down. Bu United Press TOLEDO. July 12.—Hogs—Receipts. 450; market, 154; 25c higher; heavies, $10.75®: 11.25: mediums. *11.40® 11.65; Yorkers. *11.40011.65: pigs. *9.50010.25. Cattle Receipts, light; market s'ow; calves light; market strong. Sheep and lambs—Receipts, light; market steady. Bn United Press zfiAST BUFFALO, July 12.—Hogs Receipts. 700- market 10c up; 260-350 lbs.. *11.50011.90: 200-250 lbs., *11.85@12; 160200 lbs... *11.60012; 130-160 lbs., *11.150 11.85; 90-130 lbs.. *11011.35; packing sows. *9 0 9.50. Cattle—Receipts. 100; market steady; beef steers, *12.500 15.85; beef cows. *8010; low cutter and cutter cows. $54i7.25; vealers, [email protected]. Sheep—Receipt*. 100; market steady; top fat lambs, $15.50; bulk fat ewes. ss@l Bu United Press CLEVELAND. July 12.—Hogs—Receipts, 1.000; market strong to 10c up; top, $11.85; 250-350 lbs., $11.75011.85; 200-250 lbs., $11.75011.85; 160-200 lbs„ $11.50011.85; 130-160 lbs., $10.50011.85 ; 90-130 lbs.. sl6 010.25; packing sows. $8.75 0 9.25. Cattle —Receipts, 250; calves, receipts 300; market, cattle 25c down; calves, 50c down; beef steers. $10.15®12.25; beef cows, $7.50 09.50; low cutter and cutter cows, $5,500 7; vealers, $14@17. Sheep—Receipt*. 500; market steady; top fat lambs. $15.25; bulk fat lambs, $14.50@15; bulk cull lambs. sll @12.50; bulk fat ewes, $506. Bn Times Special LOUISVILLE, July 12.—Hogs—Receipts, 600; market, 15c higher; best heavy and medium hogs 180 lbs. up, $11.45; pigs and lights 180 lbs. down. $7.4509.95; stags and throwouts. $8.3508.95. Cattle—Receipts, 200- market, steady; prime heavy steers. $12.50013.50; heavy snipping steers, [email protected]; medium and plain steers. $lO 011: fat heifers. $10013.50; choice cows, $94(10; medium to good cows. $6.5009; cutters, [email protected]; canners, $4.500 5.50; bulls, $6 0 8.50; feeders. $94(11.25: Stockers, $8.50011.25. Calf—Receipts. 300; market, 15c lower; good to choice, $11.50013.50; medium to good. $9.50011.50; outs, $9.50 down. Sheep—Receipts, 2,000: market, tops 25c lower; other grades steedy; best mixed lambs, sl4; ewes and wethers. $14.50; seconds, sß® 9; light sheep, $6: heavy sheep. $4; bucks. $303.50. Wednesday’s shipments; Cattle, 234; Caives, 213; hogs, none; sheep, 5.188.

Commission Row

PRICE TO RETAILERS FRUITS Apples—New fancy Transparents, $2,500 2.75 basket: fancy gbarrel apples, seasonable varieties. $9; new fancy basket apples, seasonable varieties, $2.2503, 40 lbs.: Winesaps, choice box apples, seasonable varieties. $3. Apricots—s3.7s crate. Blackberries—s4.so 24-qt. crate. Cantaloupes—California. $1.75@4 crate. Cherries—California. $3. 16-qt. crate. Currants—s4.7s. 24-qt. crate. Dewberries—s2.7s. 24-qt. crate. Gooseberries—lndiana, $6. 24-qt. crate. Grapes—California, $3.7504 crate; Malagas, $5 crate. Huckleberries—George, SB. 24-qt. crate. Lemons—California. '57.5008.50 crate. Limes—Jamaica, $3. 100. Melons—Honey Dew, California, $2.50. Oranges—California Valencias, [email protected], crate. Peaches—Southern, $3.50 crate. Pineapple—Cuban, $3.50 crate. Plums—California, $2.2502.50 crate. Raspberries—Black. $3.50, crate; red, $4.50 crate. Watermelons—sl down. VEGETABLES Asparagus—Green. 90c doz. bunches. Beans Mississippi stringless, $101.25 hamper. Beets—Home grown, 35c doz. Cabbage—Home grown. $1.75 bbl. Carrots—Louisiana, 35c doz. Cauliflower—Home grown. $1.75 bu. Celery—Florida. $4.50 crate. Corn—Fancy, Texas, $2.50 bu. Cucumbers—lndiana hothouse. $1.15 doz. Eggplant—H. G.. $2 doz. Kale—Spring. 65c bu. Mustard—Fancy. H. G„ 60c bu. Onions—Home grown, green. 25@40j doz.; Texas crystal wax, $1.90 crate. Parsley—Home grown, 50c doz. bunches. Peas Home-grown Telephone. $1.25 hamper. Pep-crs—Louisiana Mangoes. $2 hamper. Potatoes—Michigan, white. *2.25, 150 lbs.; Virginia Cobblers. $2.75 bbl. Radishes—Hothouse. Button, 65c doz. bunches; southern long red. 45c doz. Rhubarb—Home grown, 35c doz. Spinach—Fancy Kentucky. $1.25 bu. Sweet potatoes—Porto Ricans, $3 hamper. Turnips—New, $1 bu. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz.. %- gal. jars. Garlic—California, 20c lb.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, July 12.—American capital, over-abundant a short time ago, and now so scarce that some better explanation should be offered than the old stereotyped phrase of “overspeculation in the stock market.” There must have been overspeculation elsewhere. Won’t someone give us the facts? A little light is given this morning in the figures showing that we have loaned another billion to Europe in the last six months. One would imagine the wer is still on. We wonder how many billions have gone elsewhere that has so completely exhausted that great reserve of capital we thought was in-exhaustible? However, whatever the real truth may be we are up against a stringency and stringency can only be cured by liquidation, and so there is nothing else to do. We think there will be abundant offerings on all bulges, big or little, until the money situation has been cured. Union Pacific Acquires Line Bu United Press WASHINGTON, July 12.—The Union Pacific Railroad Company was authorized by the Interstate Commerce Commission today to acquire control of the Saratoga & Encampment Valley Railroad Company by purchase of capital stuck. The S. & E. Company, which operated a forty-five-mile line from Encampment, Carbon County, Wyoming, northerly to connect with the Union Pacific at Wolcott, Wyo., recently went into bankruptcy and ceased operations. Death Notices LOVE. GEORGE—I6S2 Yandes. age 50 years; beloved husband of Ellen Love, died Monday, July 9, at the cltv hospital. Fneral from New Bethel Baptist Church, Thursday, 2 p. m. (davl.ght savings). Friends invited. Burial Crown Hill Cemetery. T ransportation ’ COAST-TO-COAST YELLOWAY Chicago $4,001 Dayton $3.00 St. Louis ss.oo’Pittsburgh SB.OO And points West I And points East 11 a m.-11 p.m. dallyl 6 a.m.-5 p.m. dally. Denison Hotel. RI. 2273, LI. 4383. Traction Bus Termnlal. MA. 4jfco. English hotel. HI, 1273, Funeral Directors ~W. T. BLASENGYM Main office, 2226 Shelby Bt. Drexel 2570. FINN BROS. FUNERAL HOME 1639 N. MERIDIAN. TA. 1835. BERT 8. OADD. 2130 PROSPECT ST DREXEL 5307 George Grinstemer Funeral director. 623 E. Market. Riley 5374. G. H. HERRMANN 1722 S. East St Dr. 44T. UNDERTAKERS. HISEY Ac TITUB 931 N. Delaware LI. 3638 KRIEGER, WM. E, FUNERAL DIRECTOR 1402 N. Illinois Bt. Rl. 1243. Res., Be. 3866-R 1, J, C. WILSON; funerak parlors, ambulance service and modern' automotive eoulpment Dr 0321 and Dr. 0313 Lost and Found BAR PlN—White gold, lost Sat. Reward. Dr. 2170 days. 331 S. East. BAR PIN-%Sterling silver with brilliants; lost downtown. Reward. Dr. 29U-W. BRINDLE BULLDOO—Lost; answers to name Buster. Reward. Ch. 5500. FOX TERRIER—Brown, white; Jumped from machine, 25th and College. Name “Princess". Reward. Ta. 7044, Ta. 6597. PEARL PlN—Bird design, small diamond ln mouth: Central car, 19th, Alabama or Ruckle, heirloom. Liberal rewd. Ha. 1702-J SHEPHERD DOG —Lost; dark brindle, newly clipped, long hair on neck and end of tali. Rl. 5477. Reward. WRIST WATCH—Ladys white gold, gray leather strap; near 10th and Denny. Ch. 2297, 1 HOLMES TOWING POLE—From service truck, Lauth Chevrolet, 5019 E. Wash. Special Notices SWIFT’S FAMOUS FRIED CHICKEN DINNER AT ANGLE ACRES. $1 PLATE. STATE RD. 31, BETWEEN NORA AND CARMEL, IND. SWIFT’S Famous fried chicken dinner at Angle Acres, sl. State Rd. 31, between Nora and Carmel. Ind. ON OR AFTER—JuIy 11, 1928, I will not be responsible for debts contracted by any one other than myself. , EDGAR MITCHELL. YOUR CAR WASHED for $1.50 any day except Saturday, washing at night, no storage charge. PARKWAY GARAGE, 325 N. Pennsylvania. Next to Y. W. C.*A. TRICK AND FANCfV horseback riding; competent Instructor. Trained saddle horse for rent: low rates. Rl. 3610. IT IS A PAYING proposition when you buy “Stepping Stones" magazine, 10c a copy at 510 E. Market St. “THE GREAT DlSCOVEßY”—Discovered ln "Stepping Stones” the best local church paper. Price 10c at 510 E. Market St. IF—A bargain I will buy equity ln a 1927 or 1928 Ford two door or sedan. Dr. 5462-Ring 2. DANCING—EVERY FRI. NIGT, EAGLES HALL. COOL RM„ GOOD MUSIC, PRIZE. LINDY CLUB. Instructions VOCAL LESSONS, sl—Young men and women. LI. 7251. 11l Pembroke Arcade. Help Wanted Male SALESMEN —Wanted to sell Hoosler Motor Club memberships; also automobile Insurance. Must have neat appearance and have automobile. Good opportunity for those Interested. Apply ln person 1840 N. Meridian SU

JULY 12, 1928

Help Wanted Male EXPERIENCED Norton Grinder Operator Engine Lathe Operator Lo-Swing Lathe Operator Bippy Lathe Operator Time Study Man Die-Setter for Fcrracute Notoher FAIRBANKS-MORSE CO. SALESMEN MEN’S FURNISHINGS AN OPPORTUNITY FOR COLLEGE STUDENT WITH SELLING EXPERIENCE MUST KNOW MEN'S FURNISHINGB. SATURDAY AND PART TIME POSITION. APPLY SUPERINTENDENT. THE FAIR 311-25 W. WASHINGTON ST. WANTED —First class body draftsman on detail work. MARMON MOTOR CAR CO. Kentucky ave. and Morris st. Automoble Mechanic Must be first-class. Good proposition. Apply ln person. Frank S. Feeser Cos. 1126 Prospect Street WANTED—Manufacturer wants experienced salesman or selling organization to handle line of ladles’ gloves, silk underwear to retailers in Ohio and Indiana. May be handled with line of hosiery, dresses or any other non-com-Retetlve line. Generous commission, rst-class references required. Address SAKURA SILK COMPANY. Kane, Pa. SALES MANAGER FOR INDIANAPOLIS— Must be experienced in organization work and salesmanship and flnanclaTv responsible: SSO to $75 per day possibility. Apply to MR. LUNDHOLM. 539 Illinois Bldg!, Thursday, 6 to 9 p. m., or by appointment, arranged for by phone during these hours. Ll. 2001. WANTED An experienced wash goods salesman to solicit small towns ln Indiana and Kentucky on a straight commission basis. Non-conflicting lines unobjectionable. Reply In full to McKITTRICK-HURON COMPANY. INC., 88 Franklin St.. New York City. WANTED—IOO HANDY MEN TO NICKEL PLATE AUTOMOBILE PARTS; NO EXPERIENCE NECESSARY: WE PERSONALLY INSTRUCT OUR MEN; CAN EARN sls TO S3O DAILY; STEADY WORK; MUST HAVE $64.20 FOR PLATING OUTAFTERC7 A P L m WAOGONER - HA. 0168-W. FISH HOUSE~'IN BOSTON-Bpeclallzlng in the production of fillets is seeking the services of a broker who ts acquainted with the wholesale and retail buyers of this territory to sell for them on a brokerage basis. Write Box C 556. Times. SALESMAN—Who can sell one of the most popular light cars on the market. A hustler can clean up. L. F. GARRETT AUTO COMPANY. Oakland-Pontlac Dealers, 322 N, Delaware. Experienced battery marn A. F HARLACHER & SON, 1402 W. 30th Street. WANTED REPRESENATTVE—Part or full time for Bankers Mutual Life Cos., for appointment phone Mr. Pritchard, Clavpool Hotel. Thursday after 10 a. m. WINDOW TRIMMER AND CARD WRITER —Department store experience. Permancnt Apply Mr. Swartz. Leader Store. (COLORED)—First-class and reliable wanted at once. Hume Mansur Barber Shop. Phone. Ll. 0143. _ MAN WANTED—To drive truck and genera work around all kind machinery. Write Box O 580, Times. Help Wanted Female SALESWOMEN MUST BE EXPERIENCED IN WOMEN S DRESSES. COATS, AND SUITS PERMANENT AND PART TIME POSITION. FINE OPPORTUNITY FOR THOSE WHO QUALIFY. APPLY SUPERINTENDENT. THE FAIR GOOD OPPORTUNITY For high-class salesladies to represent the La.nsdown Company of New York. Repeat business. Good commissions. Write M. ROBERTSON, 34 N. Addison. 10 COLORED GIRLS—For snles work. Call ln afternoons. Room 14, 3rd floor. 25% W. Washington ST SALESLADIES—At once can earn *lO dally. 918 State Life Bldg. Situations Wanted Male Experienced chauffeur. RI 9251. Situations Wanted Female MAlD—General housework; reliable colored girl; experienced. Ha._4 505 -W. REIABLE GIRL; KITCHEN WORK—Day or week. Rl 5614 BPRlNO—Housecleaning; willing worker; exp, reliable woman. Ll. 7159. COLORED OlßL—Assist with the housework: also nursing. Tq 3866. COOKlNG—General housework. small family: exp. woman; best refer. He. 3669. COLORED WOMAN—Wants Job by the week. Can give references. Li. 7224. HOUSEKEEPER—Or inspector in flratclass hotel ln city. Dr. 7171. DAY WORK. LI. 1986. Business Announcements CLEANING WALL PAPER—7Sc-*I.OO with guarantee; work done at once; experienced reliable white men. Be. 4565. CLEANING—WE CALL FOR 6c DELIVER. LOYAL CLEANERS 6c DYERS. RI. 6256. FEATHERS—Bought. Boid and renovated feather mattresses, and pillows made. E. F. BURKLE. 416 Mass. Rl. 6695. HARDWOOD FLOOR CLEANING—I%O sq. ft., material turn. Dr. 2722-W. . INTERlOß—Decorating; expert 18c a rolL Work guaranteed. Ri. 6957. PAINTING—Paper hanging, paper furn.; samples; also cleaning. Work guaran.: prices reasonable; expert. Be. 2859. PAINTING AND PAPERING WORK DONE. CH. 5840. PAPER—Hanging; 18 cents; house paintlng and tinting. Ta. 5702. PAPER—Hanging; samples; also paper cleaning; expert; work guar. Dr. $6lO. RUG. 9x13. THOROUGHLY CLEANED. (2 Superior Rug Cleaners. He. 4462. SODDlNG—Cementing, grading and enameling, satisfactory service. He. 2452. SPRAY—Painting cut the cost; paint Inside and out. Call CLAIBORNE, Dr. 6534. TlNNEß—Roofing and furnace work. Repairing our spec. E. M. BAXTER. Ch. 4246. ASPERGER 6c GERHARDT Builders of quality cemetery memorials: 3405 Boulevard PI. Ta. 4300. ILLINOIS CLEANERS. LI. 2988. CLEANING AND PRESSING. DELIVERY SERVICE. 808 N. ILLINOIS. FOR VAULTS—And dry well cleaning. Be. 0262. D. E. TRIMBLE. 1717 W. Market. SPECIAL SEASON PRICE—Rugs cleaned, 9x12; >2; called and delivered. Ch. 6336. Rooms for Rent ALA., N., 704—Logene Apt. 2; large front rm.; Vlctrola; private porch; also housekeeplng room. Ll. 1743. BELLEFONTAINE. 1803—Nicely furnished rm. Couple or 2 employed girls preferred. CENTRAL. 1623—Attractive, front, eool rms.; modern home. He. 3175. CLINTON HOTEL—29' Virginia Ave.. deslrable rooms; $2 to $6 week. GRAY, N., 823—Nicely furn., 1 or 2 gentlemen, modern, private, reas,, garage. HARBOUR HOTEL , 617% N. Illinois. Cool, clean, modem rms., at reasonable rates. LIBERTY HOTEL-3208 E. Michigan: modern furnished rooms, $1 to $1.50: weekly, $4.50 up; 2-room modern apartments; garage service. Ch. 5993. MARKET, E., 1320—Furn. rm.. use of bath: garage. Rl. 5403, NEW YORK. E.. 3224—Pleasant rm. 1 or 2. breakfast. Ch. 3247. PARK. 1643—Nice, cool room; private entranee; $3 for 1; >4 for 2, SPINK-ARMS—32; annex; nicely furnished room and kltcheneete. Ll. 5055, TALBOTT, 1431 S.—Nicely furn., modem room: l or 2 girls. Dr. 5839,