Indianapolis Times, Volume 40, Number 53, Indianapolis, Marion County, 23 July 1928 — Page 14

PAGE 14

TRADING QUIET, STOCKS LOWER IN MARTTODAY Leaders Decline Slightly; Kroger Stores Hit New High.

Average Stock Prices

Average of twenty industrials Saturday was 208.79, off 1.16. Average of twenty Tails was 136.03, up .13. Average of forty bonds was 96.14, off .66. B n United Press NEW YORK, July 23.—Stocks continued quiet at the start of the new week with prices moving irregularly. Leaders like Steel, General Motors and Radio were slightly lower, while special issues advanced in several instances, featured by Kroger Grocery and Baking which spurted 3% to anew record high at 102 %. Freeport, Texas, was still under the influence of its earnings statement for the first six months showing a deficit of $1,283,000, and SQld down to anew low of 55%, off 5 points from the previous close. Last week the issue lost more than 6 points. Briggs Manufacturing rose more than a point to 38%, while Allied Chemical advanced 1% to 175, and other industrials moved in a narrow range with gains and losses about evenly divided. Motor shares were steady. Hudson sold off 1% to 79, but no change was noted in Chrysler and Packard. Mail order shares held firm, steels steady and coppers firm. Describing the market, the Wajl Street Journal’s financial review today said: “Developments over Sunday failed to shed any light on the immediate financial outlook. Asa consequence, price movements at the start of the new week continued to be characterized by. more irregularity than has recently been noted. “Active demand was in evidence for various individual issues, like Kroger Grocery, Goodrich, Briggs and Kennecott. On the other hand, several stocks were under pressure like Freeport-Texas, General Motors, Montgomery Ward and U. S. Steel. ’

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $3,496,00ft. Debits were $6,445,000. CHICAGO STATEMENT Bn United Press CHICAGO, July 23.—Bank clearings today were $98,500,000. Clearing house balance was $7,300,000. NEW YORK STATEMENT 81l United Press NEW YORK. July 23.—Bank clearings today were $529,000,000. Clearing house balance was $111,000,000. Federal reserve bank credit balance was $101,000,000, TREASURY STATEMENT Bn United Press WASHINGTON, July 23.—The treasury net balance for July 20, was $147,477,457.34. Customs receipts this month to July 20. were $28,154,646.86. FOREIGN EXCHANGE B.n United Press NEW YORK. July 23.—Foreign exchange opened irregular. Demand sterling $4.85%. off .00 3-32: francs, 3.91%c; lira 5.2314 c, off .00'/2; Belga. 13.9214 c; marks, 23.85%c.

Local Wagon Wheat

Local grain elevators are paying $1.30 for No. 2 red wheat and *1.15 tor No. 2 hard wheat. Other grades are purchased on their merits.

In the jtock Market

(By Thomson & McKinnon) NEW YORK, July 23.—The week just passed usually marks the year’s low point in commercial activities and, as a natural sequel, a contracted demand for credit accommodations, This condition explains the current ease in the money market, but at the same time, gives rise to the question, can money remain cheap while the demand for credit grows? We don’t believe it can and we also think that we can expect higher money rates to have the usual depressing effects on stock prices. Os course, there is always the outstanding exception to every market. We have seen some issues decline during a time when the general list was advancing as during recent days we have seen a handful of stocks move to higher price levels ■when the remainder of the market was either inactive or declining. Explanations for such activities are many. Sometimes it is due to particular situations existing ii> the affairs of one company; other times it is broader and traceable to particularly strong market sponsorship. But regardless of reasons, we are always fairly certain that these moves are of short duration, and therefore the best plan is to take advantage of these bulges to liquidate long stocks.

PORTERS THREATEN TO BREAK NO-STRIKE MARK Walk-Out Wil Be First Failure of Arbitration Board. 'Bn Times Special WASHINGTON, July 23.—1f Pullinan porters to do, they will spoil a threatening to do, they will spoil a hundred per cent no-railroad strike record achieved by the United States board of mediation since its (Creation two years ago. Three hundred sixty-six disputes between railroads and employes have come before the board in this period, which will not be a full two years for another month. Two hundred sixty-six have been disposed of and possible trouble averted. One hundred are still pending, and the only serious one of these concerns the porters. DANCER, TRAINER HELD Bn United Press DETROIT, July 23.—Mary Boursissa, 19, won the Windsor,. Ont„ dance marathon Saturday. Last pight police arrested Mary and her trainer, Stanford Edwards, 23, for investigation on a disorderly conduct charge after tliey found the pair in the girl’s apartment. Mary’s mother made the complaint against the marathon experts.

New York Stocks —" (By Thomson & McKinnon)"—”

—July 23High. Low. 12:00. Close. Railroads— Atchison 186 Atl Coast Line. ..167 ... 167 Balt & Ohio 105% ... 105% 105 V Canadian Pac 202 Chesa & Ohio .... 178% Chi & Alton 10'/ 2 ... 10% 10% Chi & N West 80 Chi Grt West 13 Del & Hudson... 184 ... 184 Del & Lacka 131% Erie 51% ... 51% 51% Erie Ist pfd 51% Grt Nor pfd 95% 111 Central 140 Kan City South .48 ... 49 Lou & Nash 141 ... 141 140% MK&T 35% 35% 35% 35% Mo Pac pfd 114% ... 114 113% N Y Central 60 ... 59% 160 N Y C & St L 125% NY NH & H 54% Nor Pacific 95% ... 95% ... Pere Marquette i2B Pennsylvania ... 64 ... 64 63% Southern Ry 145% Southern Pac ...118 ... 118 18% St Paul 34% ... 34% 34% St Paul pfd 46 ... 45% 45% St L& S W 85% 34% 95% 84 * St L& S F 111% ... m% 111% Texas & Pac.... 167 ... 167 no Union Pacific ... 192 V. West Maryland.. 39 ... 38% ... Wabash 70 ... 70 Wabash pfd .... 94 ... 94 Rubbers— Ajax H i Goodrich 76% 75% '76 75% Goodyear 47% 47% 47 Kelly-Spgfld United States .. 31% 31 ‘3L% 30% Equipments— * Am Car & Fdy as Am Locomotive.. 95% ... '95% asx. a£ BSho F e d .:::: 52,/s . 521/4 Oen er ßy E Sl|nki:!^B 4 Lima Loco N Y Air Brake.! " Pullman Bi% %; Westingh Airb.. 7. 81 4 !2& W lUels— El6C " 91% 9 * 9i% 91% Bethlehem 55% . ss sss/ Colorado Fuel.. .. 55 Cruicble " ••• Gulf States Steel 62 ... ‘ks 70,4 £M s c te £ i:: 55,4 - 55,4 £ Sgi* M 8* V..® steel 138% 137% 138% 138'! Alloy 32% ... 32% 3?% Youngstown Stl 87 ... 87 87 Vanadium Corp. 72 72 72 Motors— Chandler 1514 1 Chrysler Corp... 73% 72 73V 721 Conti Motors P 11% _ 11% Dodge Snbbrs.. 19% 19% 19% 193,! Hudson . M °. torS . 1 10 6 ' 1 ! as Truck v.v.s ib . M% n If. 54 " Martin-Parry.. . ?2 /a Moon Packard'::::::;: ' Bi * SBSU™ # ::: § 38 IL U^ k a e r r „e C r° r .y ?! V ‘ • Timken Bear .. ito 4 Willys-Overland. 20% 1.. '26 20 WlJi? e W M C o 0 t a o C r h ..V. 32,/ ‘ 31,4 32 32 Mining— 37 Am Smlt & Rfg 189 ... igg% 10014 Anaconda Cop... 66% 66% 66% 66% Calumet & Ariz. 95% 95% 9534 Sr Cerro de Pasco. 74 . 2 74 741. Chile Copper ... 45% 45% 45% 443" Greene Can Cop 100% 9g 100% 983! Inspiration Cop. 21% siii 38 * Int Nickel 92 91% 02 %%/ Kennecott Cop. 94 7 / 93% 9414 03c 4 Magma Cop .... 50 49% 50^ Miami Copper .20 . 4 20 % u e s aS sSe U lt f SUI " 67 ' 2 86 ' /a 671/4 Oils— 46 Atlantic Rfg ....142'% 140% 142% 140% hc3S‘Ju“?:: n saaaf&'ira# '>* M Mid-Cont Petro 28 ... 27% 27^ Lago Oil & Tr. .. 2</ * 215,• Pan-Am Pet B. 41% '4114 its 4 P?o I1 i >S D? etrol - 37 ' 8 ' 3 ®% 37 36% |So?88 - m , Royal Dutch .. ” 22 /4 Simms Petrol 28 "l ‘ 2B 2 ®* ikelly'oi? 11 .:.” 8* 29% ‘g* h ltd oiVn j l % •• lh F Te d xa? U CoV.::: 59% '. 33% ll v * 33 % rials—'' ”* 75/4 7^ Allis Chalmers 154 *!!, 4 >3B ‘3B >3B aS'hS'Sm v:/"'' ,s% j: Am linseed ....169 i<jg 109 Am Safety Raz r, aS wooi-;:::::: 40 - 8 Conti C cin 7.7.7 181% -I i6 ° 'EI Certain-teed ... 4i-% ’ ‘iiv. aid/ 2 Congoleum ..... /4 •” 41/4 4 ‘? 4 Curtis 103 loi% io2 102% Davison Chem.. 53 ... 52% 53 7 guPont 370 .. 370 371 Famous Players 128% ... 128 12R34 Gen Asphalt ... 70% ... 70% 701/ Int Bus Mch ..120% . 120% no'* Int Cm Engr ... 57 '56% 57 4 'll* Int Paper ... 70% 69% 70% 70 Tn,w/' VeSter - 267 ' /a 370 269 Lambert 106 3 /4 ... 106 3 4 106 gpews 52% 51% 52% 51 y. Kelvlnator 13 1214 /8 NatTc° m R Ward - 1851/2 1631 /* I® s '/* 164% Pittsburgh Coai.* ” J" *** 52 Owens Bottle *" V, R^i lo snk rp .:::. 1851/4 - ie3l/2 Rem Rand .Sj? ® eßrs Roebuck..ll6% iis ii 6% 115% 153 ;> u n a v ci p ir pipe: 19 ::: 19 147 ctimuSL Cos - 180 ••• 186 180'/= a£ Exprs Tel .:: l ! J% 173V4 175% 111 Am Wat Wks .. :. ... 5* BrkWn-Manh T. 63% ... *63% 63 Col G& E 109% ... 109 109% Consol Gas ..... 143% ... 143 143% Llec Pow & Lt. 34 ... 34 33% Nor Am Cos 69% 69% 69% 69% gat 32% ... 32% 32% Pub Svc N J 54 ... 54 44 So Calif E 47% ”! 47% 47 Std Gas &El .. 64 ... 6314 535/ Utilities Power.. 37% ... 37% 37% West Union Tel. .. .. ... 143% Shinning— 3/2 Am ntl Corp ... 95 .... 95 94% Am Ship & Com. 4% ... 4% . . Inti Mer M pfd 36% United Fruit ...139 136>/a 139 135% Foods— Am Sug Rfg ' 69% Am Beet Sugar 17% Austin Nichols. 5 Beechnut Pkg 72% California Pkg .. 70 ... 70 70% Corn Products .. 70% ... 70% 69% Cuba Cane Su p 18% ... 18% 18% Cuban Am Sug. 18 ... 18 18% Flelschmann Cos. 68% ... 68% 68 Jewel Tea 101 ... 101 102 Jones Bros Tea 27% Kroger 103% 100 102% 98% Natl Biscuit •... 162 Nat Dairy 77% ... 77% 78% Postum Cos 63% ... 63% 63 Ward Baking Cos 19 Tobaccos— Am Sumatra ... 61% ... 61% 61 Am Tobacco ....158 ... . 158 ... Am Tob B 158% 158% 158% 158 Con Cigar 86% General Cigar gs Lig & Meyers 85% Lorillard ... ... 25 % R J Reynolds ...132% 132 132 131% Tob Products B 99 % United Cigar St. 29% ... 29 29% Schulte Ret Strs 56% ... 56% 56%

11 TO 16 IS BOY’S CHIEF ‘ROAMING AGE 5 Long Road Beckon* to Girls Most Strongly Between 15 and 16 By United Press LOS ANGELES, July 23.—T0 the growing boy the long road away beckons most alluringly when he is between 11 and 16 years old; to the girl the desire to roam comes most strongly at the ages of 15 and 16. Those conclusions have been drawn following adoption of anew system of analysis inaugurated by the Los Angeles police department to determine causes of juvenile delinquency. After a three-month study the officials declared it had proved %;ere was a “restless age” and it wa/ ielt by girls at almost definite times while boys lt appeared at most widely separated intervals. Former Congressman Dead Bn United Press CHICAGO, July 23. Funeral services for former Congressman Lawrence E. McGann, active in the Democratic party since 1885, will be held Tuesday. McGann died at his home here Sunday of heart disease. He was 76 years old. _

ALL HOGS RISE GENERALLY 15 CENTSAT YARD Porker Top Reaches $11.50 —Receipts Light; Other Classes Steady. 16. 10.256*11.60 11.65 5.000 17. [email protected] 11.60 7.000 18. 10.50 U 11.85 11.85 5,500 19. 10.25(3 11.60 11.60 7,000 ?0. 10.25(n 11.40 11.40 7.500 21. [email protected] 11.25 3,000 23. [email protected] 11.50 4,000 Rising generally 15 cents on the hundredweight, best nogs sold for $11.50 on the local market today and the bulk of material weighing 170-300 pounds brought $11.35 and up. Receipts were light, estimated at 4,000 fresh animals. There were 893 holdovers. All other material was steady or little changed. The supply was generally light. Beef steers were strong. The Chicago market opened very slow, with 32,000 in the pens. A few sales of good to choice 180-230-pound weights were around sll© 11.10 to shippers and traders, and $11.25 was bid on strictly choice 200-pounders. All Porkers Up Heavy meat animals advanced 15 to 25 cents to [email protected], and animals weighing 200-250 pounds brought $11.30© 11.50, up the same. Lights, 160-200 pounds, sold for $11.25 @11.40, evenly 15 cents higher, while light lights, 130-160 pounds, went up 15 to 25 cents to $10.50@11. Pigs were 15 to 25 cents higher at $8.25© 10, while packing sows advanced a quarter to $9.25© 10.25. Beef steers were strong in an otherwise steady cattle market supplied with 400 head. Steers sold for $13.50© 15.75, and cows brought sß© 10.50. Low cutter and cutter cows were priced at $5.25 @7, and bulk stock and feeder steers, sß© 12. Others Unchanged Best vealers were $13.50® 14.50 and heavy calves, s7© 11 in the calf division. The supply was 300 animals. Sheep and lambs were steady with the top standing at $14.75. Bulk fat lambs brought sl4® 14.50, and bulk culls, $8.50 @10.50. Bulk fat ewes were priced at [email protected]. There were about 500 brought to the yards. —Hogs— Receipts, 4,000; market, higher. 250-350 lbs, [email protected] 200-250 lbs 11.30H11.60 }fo-200 lbs [email protected] i 3o *!® o lbs 10.50(3 11.00 90-130 lbs 8.254) 10.00 Packing sows 9.25@ 10.25 ■“Cuttlf Receipts, 400; market, stea'dv to strong. Beef steers $13.50(315.75 Beef cows ... B.OOH 10.50 Low cutters and cutter cows.. 5.25 H 7.00 Bulk stock and feeder steers.. 8.00(312.00 —Calves— Receipts, 300; market, steady. Best vealers $13.50(314.50 Heavy calves [email protected] —Sheep—- _ . Receipts, 500; market steady. Top fat lambs sl4 75 lßmbß 14.00(3,14.50 Bulk cull lambs 8.504/10.50 Fat ewes 4.50® 6.50 Other Livestock B.n United I*rrsß s nnn EVEL i II ! D ’ July 25, — Ho §s —Receipts. ?i 8 22i steady; 250-350 lbs., $1150(3 l}', 6 oi^ 2 , 0 , 0 ;? 50 lbs , $11.50(3.11.65; 160-200 iJi' 3 ii® n : 6 , 5: 130 -!60 lbs-. [email protected]; 90130 lbs $10,506) H: packing sows. $8.75(3 9.25. Cattle—Receipts, 700; calves. 800' market yearlings strong to 25c up; other ®‘| a< ly,i calves weak; beef steers. U y S arlln ß steers and heifers. $14@15; beef cows, $7.25@8 25' low cutter and cutter cows, $5.25(36 75V 4 ? Sheep—Receipts. 1.300; market, lambs 25c ud; top fat lambs, 31 *■ 85 bulk fat lambs, *156*15.75: bulk cull .lambs, *116*12.50; bulk fat ewes [email protected]. . Bn United Press nm HICA w' ? u3y 23 ' — Ho F s —Receipts, 32,000; market slow, mostly fo@2oc higher on hogs scaling up to 250 lbs. and packing sows, heavier weights steady to 10c higher: top, $11.30, paid for choice f™?“. 225 ik-butchers medium c ii olc e 250-350 lbs.. *10.156* li. 10; 200250 lbs.. 10.254m. 3() ; 160-200 lbs., slo® 11.25, 130-160 Tbs., [email protected]°; packing sows, *9.256*10.25; pigs, medium to choice 90-130 lbs *9® 10.40. Cattle—Receipts. 14.000: calves. 3,000; slow market on weighty steers; fairly active and fully steady on light yearlings and good to choice medium weights: best mixed yearlings, $16.70; slaughter classes. steers, good and choice 1.300-1,500 lbs., $14(3 h V 5 %, 1 l 1 ??; 1 - 30 2 > bs ' $14016.60; 950-1,100 5 ) 7 5 ; common and medium, $8.75® 14.25, fed yearlings, good and choice. 750-950 lbs., $14,253)16.75; heifers, good and choice 50 lbs. down, $14.75® 16.60; common and medium. [email protected]; cows, good and choice, $9.75® 12.50; common and medium, [email protected]: low cutter Bnd cutter cows. $6#7.50; bulls, good and rfh?m* *J 9 ta o ® lo ■? s • cuttcr a nd medlum, $7,[email protected]; vealers, milk fed, good and choice, $13015; medium. sl2@l3;cull and common, sß@l2: stockers and feeding B°°d and choice, all weights. $11.75 common and medium. $9.25@ UYS Sheep—Receipts 13,000; market, fat lambs very slow, 25@50c lower; sheep lambs Indications unchanged; active demand for choice yearoi! m ;^AA KOOti J ! ? nd choice 92 lbs. down. $14.25(* 15.70; medium. $12.85(&)14 25HhL a Jl d coj nm °n slo® 12.85; ewes, medium to choice, 150 lbs. down. $4.25@7 25cull and common. [email protected]; feeder lambs’ good and choice. [email protected]. Bn United Press CINCINNATI, July 23. Hoes Rerelnls 2.500; holdovers, 589; market, uneven, 75c up; 200-250 lbs., [email protected]' 160-200 lbs., [email protected]; 130-160 ibs. $10.253 11 25* H 9 1?? Ib A- 10 ?°; Packing sows. $8”25 @9.75. Cattle—Receipts. 1,000; calves, 425S?S k A t .’ t 0 250 up: beef 6 leers, *li ti iti s i°s’oc l . B w 1 yearling steers and heifers, *[email protected], beef cows. [email protected]; low cutter and cutter cows $5.25@:6.56; vealeri. sll @14.50, heavy calves, $10013; bulk stocker tefp *f at* janibs? ’ $ l*!] 6 b P ,k fa t 0 $ 1 3 U 4 k 5 0 a610 lamb5 ’ * 9 ® 11 ' 56; bulk By United Press EAST BUFFALO, July 25 Hoes Re celpts, 5,000; holdovers. 966; market 15c down; 250-350 lbs., $10.85011 75- 20° vsn lbs., $11.65011.90; 160-200 lbs 1 sll io@ 11.85; 130-160 lbs., $11.15® 11 50° 90-130 lh= sll® 11.25; packing sows $909.50 catfle —Receipts, 1,700; market,• 25c un- beef steers, $12.50015; light yearling steers anrt heifers, [email protected]; beef cows, SBOIO 10low cuter and cutter cows, $4.75@7- veal 1 ers, $15.50016. Sheep—Receipts. 260; market. steady; bulk fat lambs, 1,600- bulk cull lambs, [email protected]; bulk fat ewes, ss® Bn United Press PITTSBURGH, July 23.—Hogs—Receipts. 2,000; market, 10@15c higher- 250350 lbs., $11.25011.90; 200-250 lbs . sll 500 11.90; 160-200 lbs.. $11011.90; 130-160 lbs [email protected]; 90-130 lbs., $9.50011 25-' packing sows, $90:9.75. Cattle—Receipts’. 1,000; calves, 1,200; market steady; beef steers, [email protected]: light yearling steers and heifers. $11.50015.50%beef cows. $8.50 @10.50; low cutter and cutter cows, $5.50 @8; vealers. $13@16; heavy calves SBOI3. Sheep—Receipts, 2,000; market, steady: top fat lambs, $15.50; bulk fat lambs. ' sl3© 15; bulk cull lambs, $9013; bulk fat ewes, SSO 6.50. Bn United Press FT. WAYNE, Ind., July 23.—Hoes—Receipts, 300; market steady to 26c higher--90-110 lbs., $8.75; 110-130 lbs., $9.75; 130140 lbs., $10.25; 140-150 lbs., $10.50; 150160 lbs., $10.75; 160-170 lbs., $10.90: 1702 ®o lbs. Jll OS; 200-250 lbs., $11.16; 25030° lbs $11.25: 300-350 lbs., $10.90; roughs. $8.5009; stags, $606.50. Calves—sls down. Sheep—Receipts, 100; market lambs, sl4 down. Bn United Press TOLEDO. July 23.—Hogs— Receipts. 650; market. 10@20c off; haevles. *10.50011; mediums. $11.15011.40: yorkers. $11011.40; good pigs. [email protected]. Cattle—Receipts ght; market, steady. Calves—Receipts. Ught; market, strong. Sheep and lambs— Receipts, light; market, steady. $6,000 for New "America” NEW YORK, July 23.—Prizes totaling $6,000 have been offered by Mrs. Florence Brooks-Aten of the Brooks-Bright foundation for a better understanding between Great Britain and the United States, for a new American national anthem,

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price) No. 1. 47048 c: No. 2. 45 @ 46c lb. Butterfat (buying price)—4so46c lb. Cheese (wholesale selling prices, per pound)—American loaf, 34c; pimento loaf. 33c; Wisconsin flat. 39c; prime cream. 250 27c; flat daisy, 26@27c: Longhorn. 26@ 27c: New York limberger. 32c. Eggs—Buying prices; Fresh, delivered at Indianapolis, loss off. 25@26c doz. Poultry (buying prices)—Hens, 20021 c; Leghorn hens. 140l5c: 1928 spring, large breed, 2 lbs. and up, 28c; 1%®!% lbs., 24@25c; Leghorns. 20021 c; old roosters, large. 11012 c; small, 10c: ducks, 10c; geese, 8c; guineas, young, 50c; old. 35c. Bn United Press CLEVELAND. July 23.—Butter—Extra In tubs. 46@49c; extra firsts, 44@ 46c; seconds, 400 42c. Eggs—Extras. 33%c; extra firsts. 32c- firsts. 28%c; ordinary, 27%c. Polutry—Heavy broilers, 350 37c; Leghorns, 23©25c; heavy fowls. 2t'@27c: medium stock. 26@27c; Leghorns. 180 20c; ducks, 18@20c; geese, 15@17c; old cock. , 16017 c. Potatoes—U. S. No. 1, cloth top stave barrels. Virginia. $1.85. Bn United Press NEW YORK. July 23.—Flour—Quiet, steady. Pork—Firm; mess. $32.50. Ijird— Easier; midwest spot. $12,600 12.70. Sugar —Raw, dull and nominal; spot. 96 test, delivered duty paid, [email protected]; refined, dull; granulated. 5.750 5.80 c. Coffffe—Rio No. 7 on spot. i6%016%c; Santos No. 4. 23%@24c. Tallow—Quiet: special to extra. B®B%c. Hay—Dull; No. 1. $1.25; No. 3. 75c@$l; clover. 70c@$1.10. Dressed poultry—Steady to firm: turkevs. 250 47c; chickens, 26046 c: broilers. 30@41c: fowls. 17 0 30c: ducks. 18019 c; Long Island. 20c. Live poultry—Dull; geese. 10012 c: ducks. 15@20c; fowls. 18031 c; turkevs. 20(./ 25c; roosters. 17©18c:' broilers. 28©42c. Cheese —Firm: State, whole milk, fancy to specials, 30# 32c; young Americas, fresh. 26%c. Potatoes—Sweet. Jersey, basket, nominal: southern. $101.75. Butter—Steady; receipts. 4.958: Creamery extras. 460 45>ic: special market. 45%# 46%c. Eggs—Firm; receipts, 13.140; nearby white fancy. 400 40%c: nearbv State whites. 31@39c; fresh firsts. 290 30c: western whites. 310 33%5: Pacific coast. 32 —39 c; nearby browns. 30% @3Bc. Bn United Press CHICAGO. July 23.—Poultry—Receipts. 6 cars; fowls, 22c; Leghorns. 18c; ducks, heavy. )7c; small. 15c; young. 20c: geese. 16c turkeys, 20c; roosters, 17c: broilers. 30c. Cheese—Twins. 23%e: young Americas. 25%c. Potatoes—Arrivals, 104; on track. 223; in transit, 842: Kansas and Missouri sacked Irish Cobblers. 70@90c; sacked Early Ohios. $1 1001.20: Virginia barrels Irish Cobblers. $2.1002.25. Eggs— Receipts. 197.54: extras. 28%@29c: firsts. 27028%c: ordinaries. 260 27c: seconds. 23 @25%c. Butter—Receipts. 13.730: extras. 43%c; extra firsts, 42%©43c: firsts. 41%© 42c: seconds. 38@40%c: standards. 43%c.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. July 23 —Around 20 cents cotton will look cheap to a lot of people. They will buy and if they get another crop scare everything will work out. Otherwise we don’t think thev will make much headway. The odds begin to favor the bear as the bales come to market unless the crop Is a small one. Pi/ United Pre-:s NEW Y ORF.. July 23.—Cotton futures opened lower. July 20 45. off 09; October 20.69. off .11: December 20.50. off .11; January 20.39. off .10; March 20.35, off .11; May 20 25. off .08.

Indianapolis Stocks

—July 23Bid. Ask. Amer Central Life 650 Belt RR & Yds com 68 % 69% Belt R R & S Yd pfd 59 Central Ind Power Cos pfd.... 97% 101% Circle Theater Cos com 102% ... Cities Service Cos com 64% ... Cities Service Cos pfd 100 ... Citizens Gas Cos com 56% 57% Citizens Gas Cos pfd 101% 104 Commonwealth Loan Cos pfd..100% ... Equitable Securities Cos com Hook Drug Cos com 31% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 100 ... Indiana Service Corp pfd .... 90 Indianapolis Gas Cos com 59% ... Indpls & Northwestern pfd.... 12 Indpls P & L 6%s pfd 104 105 Indpls P & L 7s 100 Indpls Pub Wei Ln Assn 47% ... Indpls St Ry Cos pfd 31 34 Interstate P S C prior 1ien....106 108 Interstate P S C 6s pfd 93 99 Merchants Pu Util Cos pfd ...101 Metro Loan Cos 8s 10° 105 North Ind Pub Serv Cos 65...100 104 Northern Ind Pub S Cos 7s ...109 Progress Laundry Cos com ... 31 E. Rauh <fc Sonus Fert Cos pfd.so Real Silk Hos Cos pfd 79 ... Standard Oil of Indiana 74 ... T H I Sc E Trac Cos com l T H I & E Trae Cos pfd 12 ... T H Trac & Lt Cos pfd 93 Union Trac Cos com % Unlin Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 80 Van Camp Pack Cos pfd 8% Van Camp Prod Ist pfd .... 96 101 Van Camp Prod 2d pfd 90 97 •Ex-dlvidend. —Bonds— Belt R R & Stk Yrds 4s 89 ... Broad Ripple Trac Cos 5s 87% ... Central Ind Gas Cos 5s 98% ... Central Ind Power Cos 6s 103 ... Chi S B & N Ind 15 Citizens Gas Cos 5s 102 Citizens 8t R R 5s 84 87 Gary St Rv 5s 84 Home T & T of Ft. Wayne 65.. 103 Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 6 Ind Ry & Lt Cos 5s 98 Ind Service Corp 5s 93 Indpls Pov-er and Lt Cos 55.... 99 101 Ind Union Trac Cos 5s Indpls Col & So Trac 6s 101 103 Indpls Gas Cos 5s 101 104 Indpls & Martins Trac Cos 55.. 30 Indpls North Trac Cos 5s 8% 13Vi Indpls & Northw Trac Cos 55.. 28 Indpls St Ry 4s 65 67 Indpls Trac & Term Cos 55... 94 94% Indpls Union Rv 5s 100 Indpls Water Cos 4%s 96 98 Indpls Water Cos Ist 5s 96% ... Indpls Water Cos 4%s 96 101 Water Works Sec 5s 96 99% Interstate Pub S Cos 4%s 89 ... Interstate Pub S Cos ss, 96 Interstate Pub S Cos 6%s 101 ... N Ind Pub Ser 5s 99% ... T H I & E Trac Cos 5s 70 T H Tr & Lt 5s 93 Union. Trac of Ind Cos 6s 11% 14 Liberty Bonds Liberty Loan, Ist 3'is 99.90 100.10 Liberty Loan. Ist 4%s 100.74 100.94 Liberty Loan, 3r<r 4%s 99.90 100.10 Liberty Loan. 4th 4%s 101.26 101.46 U S Treas.. 4%s 111.14 111.34 U S Treas., 4s 106.14 106.34 U S Treas.,* 3%S 104.26 104.46 U S Treas., 3%s 99.08 100.28 Births Boys Otho and Bessie Smith, city hospital. Henry and Emma Mllburn, city hospital. Edgar and Virginia Heckman, city hospital. Paul and Emma Jones, city hospital. Jesse and Miriam Acton, 1314 Cruft. Hobart and Florence Overstreet, 342 E. Morris. Louis and Edna Maze. 971 Lexington. Charles and Nellie Firestone, 3249 N. Adams. Willard and Ruth Burkdall, 322 Harland. Louis and Ruth Bcott, 432 Ketcham. Girls James and Meada Tierney, city hospital. Albert and Elsie Cook, city hospital. Otis and Grace Newton, city hospital. Burness and Veronace Greenlee, 1520 E. Forty-Ninth. Bert and Cora Bowman. 916 Udell. Deaths Anna Bauchert. 53. Indiana Central Hospital, broncho pneumonia. Mary Morgan, 81, 2408 W. Morris, mitral Insufficiency. James Tandy, 45, city hospital, myocarditis. Sarah E. Irion. 76. St. Vincent Hospital, peritonitis. Ellis P. Randall, 79. 2327 N. Meridian, carcinoma. John N. Kafoure. 68, 1224 Roosevelt, cerebral hemorrhage. Allen Frank Jones, 19, 4708 E. Thirtieth, pulmonary tuberculosis. John Bibbs, 47, 653 Vs Thornton, myocarditis. Sally Taylor. 43. city hospital, chronic myocarditis. Infant McCoy, 1 day, city hospital, premature birth. Martin Lynch. 63. city hospital, diabetes mellltis. Andrew Jackson Wright. 62. 26 W. Minnesota, chronic myocarditis. Emily E. Roberts. 84. 2459 N. New Jersey. chronic. Interstitial nephritis. Johanna Marie Schober. 64, 3630 Coliseum. acute myocarditis. Nellie Smith, 57. 648 S. New Jersey, myocarditis. Catherine R. Thale. 71. 449 Eastern, chronic myocarditis. Phlllippena Schoppenhorst, 70, Christian Hospital, lobar pneumonia. Nellie Adeline Lawson. 1 month, 2212 Thornbury. premature birth. Mabel Bennett, 50. Methodist Hospital. Intestinal obstruction.', William R. Shearer. 82. Methodist Hospital. strangulated hernia. Bessie Klein. 63. Central Indiana Hospital, broncho pneumonia. Earl Mullendore. 34. Central Indiana Hospital, general paralysis. Veda Lee Noblett, 23. Methodist Hospital. accidental. William R. Warner. 73. 1902 N. Talbott, cerebral hemorrhage. Mary E. Morrison. 1 month. 5648 Wlnthrop. malnutrition. Gwendolyn Minter, 1, Riley (Hospital, broncho pneumonia. SUGAR OPENING B.U United Press NEW YORK. July 23.—Sugar futures opened higher. July 2.88. up .07; September 2.31, up .01: December 2.48. up .02; January 2,48. up .02; March 2.47, up .01; May 2.54, unchanged; July 2.67, UUr Wff® -jr — 1

WHEAT FUTURES BREAK 2 GENTS IN OPENING PITS Liverpool Weakness Sends Grain Lower; Corn, Oats Off. Bn United Pres j CHICAGO, July 25.—Pronounced weakness at Liverpool sent wheat sharply lower on the Board of Trade today. Corn and oats lost on favorable crop reports. Wheat opened 1 % to 2% off; corn was down M to l%c: and oats lost % to lc. Provisions were slightly higher. Traders predict that receipts in the southwest today will brbeak all records as weather in that section favors the movement of grain to market. The spring wheat belt had fine growing weather over the weekend. Stocks of old corn are decreasing rapidly and the demand for cash corn is expected to continue strong. Crop reports over the week-end indicated’good progress in all sections Harvesting of oats has been delayed in some parts by wet weather. Receipts are not expected in volume during the remainder of July. Chicago Grain Table —July 23WHEAT— Prev. High. Low. 12:00 close. Julv 1.23 ... 1.20% 1.24% September .. 1.25% 1.23 1.23 1.26% December ... 1.29 1.26% 1.27 1.30% CORN— July 1.07 1.05 1 06% 1.06% September .. ,95% .94% .95 .96’s December ... .80 .79 .79 .80'* OATS— July 47% .47 .47% .48% September .. .40% .40.40% .40% December ... .42% ... .42% .43% RYE— July 1.00% .99% .99% 1.01% September ... 102 1.01% 1.01% 1.03% December ... 1.03% 1.02% 1.03 1.05% LARD— Julv ........ .... •••• .... 12.30 September .. 12.47 .... 12.42 12.40 October .... 12.65 .... 12.60 12.57 RIBS “ ~ September .. 14.15 .... 13.95 14.30

Bn Times Special CHICAGO, Julv 23.—Carlots: Wheat. 67 corn, 254; oats, 32; rye. 3; barlye. 7.

OPEN POOL TO ALL KIDS KLUB

Diving, Swimming to Mark

Frolic Tuesday.

Bring your bathing suits to the meeting Tuesday, kids! A free dip in the pool is part of the momnig’s program, along with a number of free rides, and several surprise features for members of the All Kids Klub. The meeting begins at 10 a. m., after new members are given the membership pledge, and the two prize scooters, donated by the Colonial Furniture Company, are awarded to the membership drive w’inqers. Last week, the members were given free rides on the miniature railroad, the ferris wheel, the merry-go-round and the sea planes. More than 1,200 youngsters were present. A feature of the visit to the pool Tuesday will be the special swimming and diving act, in which Regina Reiss, former Hoosier Athletic Club star, and Sam (Tiny) Kfith, 330-pound life guard at Rhodius Park pool, and former vaudeville performer, are headlined. TAKE FINGER PRINTS IN DRY LAW CONVICTIONS Doran Says Cataloguing to Apply Only to Those Found Guilty. Bn United Press WASHINGTON, July 23.—Fingerprinting and cataloguing of Federal dry law violators will be confined only to those who are convicted, Prohibition ComiViissioner Doran announced today. He explained that his order to keep records of violators, as issued Saturday, was not intended to apply to men acquitted by the courts. He emphasized that convicted violators not only will be photographed, fingerprinted and measured according to Bertillon standards, but will have their “characteristics and history” placed on record. WEAVE BOMB EVIDENCE NET ON ILLINOIS MAN Relatives Admit Helping Reed to Steal Dynamite. By United Press ROCKFORD, 111., July 23.—Arraignment of Paul Reed, accused of killing Vernon Plager by planting a bomb in his automobile, on a charge of first degree murder was expected today. He will be held to the grand jury. Two relatives of Reed made confessions Sunday which strengthened the chain of evidence against him Reed’s brother, Arthur, and his nephew, Kenneth, admitted they helped him steal several sticks of dynamite the day before Plager was killed. When Plager stepped on the starter of his car a bomb was exploded in the gasoline tank. Police believe a love affair between Reed and Plager’s wife, Ivy Cook Plager, was behind the murder. Argentine Official-Elect Dies By United Press BUENOS AIRES. July 23.—Dr. Francisco Beiro, vice presidentelect, died at 11 p. m. Sunday. Dr. Beiro had been in bad health ever since his election, several weeks ago, on the ticket which Dr. Hipolito Irogoyen headed.

Dress Up on Credit— Take 20 Weeks to Pay THE LIBERTY Credit Clothing Cos. SO North PenniylTonla Stroet

The City in Brief

Two names were added today to the “missing persons” list at police headquarters. They were Edward Deitchley, 37, of 821 Union St., ill and despondent, according to his wife; and Wilson Weddle, 17, of R. R. 3, Morgantown, Ind., who lefthome Sunday wearing brown trousers, a blue work shirt and large straw hat. George H. Chapman Post, G. A. R„

Heads Bankers

EL --vSm ISunX xJH fIgPSF £9O?

Rollin A. Wilbur, vice president of the Herrick Company, Cleveland. recently has been nominated to head the Investment Bankers’ Association of America for the ensuing year. Nomination means election in the association, and Wilbur will assume his new office at the close of the Investment Bankers’ convention at Atlantic City, Oct. 14 to 19. Wilbur is perhaps the only bond man who prefers a hoe to a golf club.

AGREE ON LICENSE LAW Michigan Rescinds Order Barring Indiana Licensed Trucks, Announcement was made today by Secretary of State Frederick E. Schortemeier that he had reached an agreement with the State of Michigan in which northern Indiana business men, especially dairy operators, are permitted to operate their trucks in Michigan without obtaining a Michigan license. The agreement is reciprocal, Schortemeier said. For several weeks Michigan authorities have been attempting to force Indiana truckers to obtain Michigan licenses.

Read the second page -FIRST/

Why hunt around? Before buying, look in th>: new Classified Business Directory. Understandable headings, simplified listings, improved type pages, all contribute to make your purchasing or marketing easy... A brief study of the improvements outlined above, will prove to you that time and steps can be saved by the new arrangement. Look in the Classified Business Directory firstl

■{s( )s,i \^i

No. 209 and Woman’s Relief Corps, No. 10, will hold a memorial meeting Tuesday, 2 p. m., at Ft. Friendly, 510 N. Illinois St. 0 Authority to purchase SIO,OOO of the $17,000 common stock issue of -the Co-operative Telephone Company of Albany and Eaton recently approved by the Public Service Commission, is asked in a petition to the commission by the Indiana Bell Telephone Company. The petition cites that the Bell company now owns $2,250 of a $20,000 common stock issue authorized some time ago. The Indianapolis Music Shop, Inc., 470 College Ave., recently bought by Eugene Wilder, is being remodeled to provide an organ studio, where instruction in organ, particularly for theaters, will be given. Phonographs, records and radios will be handled in the remodeled store. Luther Symons, State banking commissioner, left today for New York to attend the annual meeting of supervVrs of State banks. He will be gone a week. Open season on woodcocks will be cut thirty days, according to the recent ruling on migiatory birds issued by the Department of Agriculture, aceording to word received today by the State conservation department. The open season in Indiana has been changed Oct. 1 to j Nov. 30, to Oct. 15 to Nov. 14. Runaway’s Mother Dies. ; By Times Special MARION, Ind., July 23.—William ! Sloderbeck, 15, who ran away from an orphanage here to go to his mother seriously ill in a hospital at Indianapolis, learned she was dead before the journey was completed. A policeman told the boy of the death of Mrs. Elijah Sloderbeck when he found him asleep in a stairway entrance, exhausted from long walking. Faces Thistle Growing Charge Bn 't imes Special RUSHVILLE, Ind., July 23.—Ben Lawson, farmer, is to be tried here soon on a charge of allowing | Canadian thistles to grow on his j land. The nature covering the 1 case is rarely invoked. A maxi’-c-n fine of $1 and costs is provided on conviction, including • • :t* to Luo person making the charge.

Thomson & McKinnon INDIANAPOLIS CHICAGO NEW YORK MEMBERS New York Stock Exchange Chicago Board of Trade New York Cotton Exchange Chicago Stock Exchange New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 8391

t„ e second page of the new Classified Business Directory (yellowsheets),tells you how to find the commodity or firm for which you are looking, quickly and easily. Read this page carefully. The new Classified Business Directory has been completely revised. In its new form, it is in effect, a buyer’s guide—a catalogue of the business, firms of Indianapolis, grouped under* their proper headings. 1. Business Headings with complete list of firms in a particular line of business, with telephone number and street address. 2. Commodity Headings, following the names, and alphabetically arranged, are jhe particular commodities handled, or the special services rendered—a new feature of great convenience. 3. Trade Marks and Trade Names. Thie is another new feature which enables you instantly to locate the name, addres* and telephone number of the nearest dealer who handles well-known advertised products. These improvements, together with a superior typo, graphical treatment,make the Classified Business Directory a genuine buyer’s guide.

Indiana Bell Telephone Cos.

.JULY 23, 1928

STATE C. OF C, URGES USE OF INDIANA COAL Plans Appeal to Shippers and Factories to Aid Local Miners. General appeal is to be made to Indiana manufacturers and shippers to use Indiana coal. Manager W. H. Arnett of the Indiana State Chamber of Commerce announced today. Circular letters are to be sent out by the chamber and the movement has the indorsement and backing of both miners and operators. The request is to be based on both the probable settlement of strike conditions in the State by the recent adoption of the district autonomy plan by the policy committee of the United Mine Workers and the expected adoption of the compromise coll rates for Indiana by the Interstate Commerce Commission, Arnett declared. Asimilar appeal has already ..been broadcast through Illinois by J&mes D. Cunningham of the Illinois Manufacturers’ Association. Miners and operators have not yet met to determine a wage agreement in Indiana and district mine officials nave announced that the scale here probably will be based on the Illinois decision. It is predicted that Illinois scale will be $6. The Jacksonville agreement, for which miners went on strike in April, 1927, was $7.50 a day.

First Mortgage Real Estate Loans On Indianapolis Property 5Vs% INTEREST Aetna Trust & Savings Cos. 23 N. Penn. s*.