Indianapolis Times, Volume 40, Number 65, Indianapolis, Marion County, 6 August 1928 — Page 12

PAGE 12

LIST MOVES IN NARROW RANGE, GAINjNGJJTTLE Bears Still Hold the Money u Weapon in Face of Advances.

Average Stock Prices

Average of twenty Industrials Saturday •was 216.67. up .52. Average of twenty rails was 137.39, up .15. Average of forty bonds was 95.78, off .02. By United Press NEW YORK, Aug. 6.—Stocks moved in a narrow range in the early trading today, a fairly large number showing small gains in light turnover. There was nothing in the week-end news to affect the list one way or the other and the bullish element has the advantage of improving business, while the /bears were still in possession of the money weapon, a formidable foe of advancing prices. General Motors eased off M to 187% at the opening, while United States Steel rose •% to 140%', American Can gained % to 94% and other leading issues fluctuated in a % point range. These issues made little change in the early dealings. Chrysler corporation declined % to 84% and then recovered to the opening level of 85, while other motor issues shewed a firm tone. Specials in Demand Special issues like Eastman Kodak, American Linseed and Allied chemical were in demand, the latter rising two points to 130%. Union Carbide also was bid up more than a point, while International Nickel and International Combustion were fractionally higher. Rails and oils showed a firmer tone. Describing the market, the Wall Street Journal’s financial review today said: “Reports from commercial and industrial centers over the week-end continued to speak of unusual activity in major lines, pointing to rapid expansion in general business with the arrival of cooler weather. Optimism over trade prospects caused accumulation of buying orders at the opening. Demand again converged on the recognized industrial leaders. “Union Carbide reached anew high at 167%, up 3% from the previous close. Allied Chemical was another strong feature of the high grade industrials, pushing into new high ground on the movement at 181%, up 2%.” Call Money Easier; List Up The fising movement continued through the morning helped by an easier tone in call money which renewed at 6 per cent. Prices in the industrial group recorded gains ranging from a point to nearly seven points, with new highs being made by Allied Chemical, American Ice, International Nickel and Coty. Otis Elevator rose 6% points to 201; Radio, 3% to 173; Greene Cananea, 3% to 133; Kennecott, 2% to 96%; Eastman Kodak, 2% to 184%, and Montgomery Ward, 4% to 191. Wool worth sales for July increased 2.07 per cent over July, 1987, despite'the fact that there were only four Saturdays this year against five last. The stock was bid up 2% points to 187%.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $3,611,000. Debits were $6,365,000. NEW YORK STATEMENT Bv United Press , , NEW YORK. Aug. 6.—Bank clearings today were $484,000,000. Clearing house balance was $101,000,000. Federal Reserve Bank credit balance was $91,000,000. CHICAGO STATEMENT Bit United Press CHICAGO, ‘iig. 6.—Bank clearings today were SO2, TOO,OOO. Clearing house balance was J6,6u0,000. PITTSBURGH STATEMENT Aug. 8— Bank clearings today were $25:971,898.41. Clearing house balance was $12,343,997. TREASURY STATEMENT By United Press WASHINGTON Aug. 6—The Treasury Bet balance for Aug. 3 was $369,443,104.07. Customs receipts this month to the third were $6,554,289.13. FOREIGN EXCHANGE Bu United Press NEW YORK, Aug. 6.—Foreign exchange opened steady. Demand sterling, $4.85; francs, 3.90 11-16 c; lira 5.23 c, off .0014; Belga, 13.90 c; marks 23.83%c, up .00%.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Aug. 6.—The growing volume of trading appearing in the markets of last week can only be construed as meaning that public participation is increasing. Undoubtedly, much of the ttraction is due to the splendid outlook for industry which, as far as I can see, appears to be getting better. Under ordinary stock market conditions the increased participation would be fully warranted, but as we view the credit situation and listen to continued warnings by financial authorities, some doubt arises as to whether an additional burden can be placed on the money market at this time. Os course money will always be found to finance business both commercial and financial, but will the cost of money be so high that the benefits to the stock market which should be derived from good trade conditions be nullified? The possibility of easier money for the stock market seems far fetched, therefore I believe that the best thing we can do is to continue taking advantage o?" the bulges to liquidate some long stocks. LEARN TO SWIM : REE Lessons Given by Two Instructors at Rhodius Pool. A special learn-to-swim campaign is being staged this week by the city recreation department at Rhodius . Park. Free swimming lessons are being given this week at the Rhodius pool by two competent instructors. Persons of all ages and both sexes are given lessons from 10 a. m. to 5 p. m. every day this week.

New York Stocks (By Thomson & McKinnon)

—Aub. 6 Prev. Railroads— High. Low. 12:00. close. Atchison 188 Atl Coast Line 162'/* Balt & 0hi0.... 106 Vs 195 7 /s 106 105% Canadian Pac ..206 205'4 206 206 Chesa & Ohio. ..183% ... 183% 183Ve Chi & Alton 9% Chi & West.. • ■ -v 82 Chi Grt West ) 13 C R I & P ... 116% Del & Hudson 191 Del & Lacka 132% ... 132% 132 Erie 52 ... 52 52 Erie Ist pfd .... 58% ... 58 58% • Grt Nor pfd 96% 111 Central 19% Lehigh Valley 102 Kan City South 47% Lou & Nash 141% M K & T 36% 36% 36% 36% Mo Pac pfd 114% ... 113% 111% N Y Central . ...163% 162% 163'% 162 N Y C & St L 126 NY H & H 55% Nor Pacific 95 % Pere Marquette 129 Pennsylvania .. 64 ... 63% 64 P & W Va 138 , Reading 99% Southern Ry 149 Southern Pac ...119% ... 119% 119% St Paul 35% ... 35% 35% St Paul pfd .... 47% ~46% 47% 46% St L & S W.... 85Vi ... 85Vi 85 St L & S F 122% Texas & Pac.. 172 170 172 173% Union Pacific ..194% 194% 194% 194 West Maryland. 40’4 4040 % 40% Wabash 74% 73% 74% 73% ■ Rubbers— Ajax 8% Fisk 11% ... 11% 11% Goodrich ...... 78% 77% 78 77% Goodyear 54 53% 54 53% Kelly-Spgfld 19% Lee 19% ... 19Vi 20 United" States .. 33% 32% 33 33 Equipments— Am Car Fdy.. 92% ... 92% 92% Am Locomotive. 93 ... 93 92% Am Steel Fd .... 53 ... 53 52% Amer B Shoe ... ... 40% General Elec ..152% 150% 152% 150% Gen Ry Signal., 99 98 98% 97% Lima Loco 44 N Y Airbrake 43 Pullman 80% 80% 80% 80% Westingh Air B 45% ... 45% 45 Westingh Elec.. 94% 94 94% 94 Steels— Bethlehem ..... 56% 56% 56% 56% Colorado Fuel .. 61% 61V, 61% 61% Crucible ... / 72% Gulf States Stl ... 64 Inland Steel 57 Vi Phil R C & I 28% Rep Iron & Stl. 57% 57 57% 56% Otis 22 ... 22 22 U S Steel 141 Vs 140% 141 Vi 140% Alloy 33% ... 33% 33 Youngstwn Stl. 89 ... 89 88 % Vanadium Corp. 74 ... 73% 73 Motors— Am Bosch Mag. 34% ... 33% 34 Chandler 24% 23Vi 24 23 Chrysler Corp .. 86 84% 85% 85% Conti Motors ... 11% ... 11% 11% Dodge Bros 17 16% 17 16% Gabriel Snbbrs 18% ... 18% 18% General Motors .190 187 190 187% Hudson 83 82Vi 83 82V Hupp 60% 59% 60 60 Jordan 10% ... 10% 10% Mack Trucks .. 91 90 91 90 Martin-Parry ... 17% ... 17% 17% Moon 8% ... 8% 8% Paige 35 V* 34 % 35 34 Nash 87% 87Vs 87% 87% Packard 76% 75% 76% 76% Peerless 16% Pierce Arrow .. 14% ... 14% 14% Studebaker Cor. 73% 73 73% 73 Stew Warner .. 92V* 92% 92% 92 Stromberg Cart 51 Timken Bear ...132% ... 131% 131% Willys-Overland 22% 22% 22% 22% Yellow Coach .. 33 33% 33 33 % White Motor ... 39 37% 39 37V* Am Sm/T* Rfg.2o4 200% 204 200% Anaconda Cop .. 67% 66% 67% 66 Calumet <te Arlz. 96% 94% 95 94% Cerro de Pasco.. 78Vs 76% 78 76% Chile Copper ... 44% ... 44% 44% Greene Can Cop 103% 100% 103% 99% Inspiration Cop. 21% ... 21% 21% Int Nickel 103 Vs 101% 103 101V* Kennecott Cop. 94% 93% 94V* 94 Miami Copper ..2014 20% ... Texas Gulf Sul. 70% ... 70 69% U S Smelt 47 ... 47 47 Atlantic Rfg ...159% 158% 158% 160 Barnsdale 24% 24% 24% 24% Freeport-Texas.. 63% ... 63 63 Houston Oil ....140 ... 140 137 M Indp Oil & Gas 25% ... 25% 25% Marland Oil ... 39 38% 39 38% Mid-Cont Petrol. 31 ... 31 31 Lago OH & Tr 31 Pan-Am Pet B. 47 ... 437s 43% Phillips Petrol .. 40% ... 40Vs 40% Pro & Rfgrs... .. 25Vi Unio nos Cal 52 Pure Oil ... 23% Royal Dutch ... 54% .. 54% 54% Shell 26% ... 26% 26% Simms Petrol .. 20% ... 20% 20V* Sinclair Oil ... 2774 27% 27% 27% Skelly Oil 32Vs ... 32Vs 32% Std Oil Cal 58 Std Oil N J.... 45% ... 45% 45% Std Oil N Y 35% ... 35% 35% Texas Corp ... 63% 63 Vs 63V* 63% Transcontl .... 8% ... 8% BVs Richfield 48% 47% 48 Vi 47 Industrials— Adv Rumely ... 42 ... 42 41% Allis Chalmers.. ,127% 126 127 126 Allied Chemical .182% 179% 181 178% Armour A 20 19 20 20 Amer Can 94% ... 94% 94% Am H L pfd 42% Am Linseed ...112% ... 112 111% Am Safety Raz 62% Am Ice 45% ... 45% 45Vi Am Wool 17% Curtis 105*/* 103% 10374 103 Coca Cola —163% Conti Can 108% 106% 107% 106% Congoleum 24V* ... 24 24% Davison Chem.. 52% ... 52% 52 Dupont 370% Famous Players. .13374 ... 13374 133 Gen Asphaft ... 74% 74% 74% 74 Int Bus Mch 122 Int Cm Engr... 61% 60% 60% 61 Int Paper 68 ... 68 -* 67% Int Harvester. ..268% ... 268% 270% Lambert ... 107 Loews 5374 ... 53% 53% Kelvinator 10% ... 10% 10% Montgom Ward .190% 186% 190 186% Natl C R 66% 65% 66 65% Pittsburgh Coal .. ... ... 47 Vi Owens Bottle 78 Va Radio Corp ....173 171 173 169% Real Silk 37 36 36 36% Rem Rand .... 29% ... 29Vi 19Vi Sears Roebuck ..125 122% 125 123 Union Carbide.. 167% 165% 167 184% Uni Pipe 19 Va ... 19% 19% U 8 Cslr Pipe 239 U S Leather 45% ... 45% 45% U S Indus Alco.lll's ... 111% 111 Warner Bros .. 69% 65% 67% 65 Wright 160 156V4 158 157 Utilities— Am Tel <fc Tel.. 175% ... 174% 175 Am Express 190 Am Wat Wks ... 56 Bjrklyn-Manh T. 63% ... 63% 63% Col G & E 110% ... 110% 110

Indianapolis Stocks

—Aug. 8— Bid. Ask. Amer Central Life 650 ... ‘ Belt R R & Yds com 68 70 Belt R R <fc Yds com 68 71 Centra! Ind Power Cos pfd ... 97% 101% Circle Theater Cos com 103 Cities Service Cos com 65 ... Cities Service Cos safd 100 Citizen Gas Cos com 56% 57% Citizens Gas Cos pfd .102% 104*% Commonwealth Loan Cos pfd..100% 105 Equitable Secu-ities Cos com. 45 Hook Drug Cos com 31% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 100 Indiana Service Corp pfd ... 90 99 Indianapolis Gas Cos com 59% 64% Indpls <& Northwestern pfd... 14 Indpls P & L 6%s pfd 103% 105 Indpls P & L 7s 95 99 Indpls Pub Wei Ln Assn .... 47% ... Indpls St Ry Cos pfd 34% 35% Interstate P S C prior lien.... 105 108 Interstate P S C 6s pfd 93 98 Merchants Pu Util Cos pfd ...101 Metro Loan Cos 8s 100 105 North Ind Pub Serv Cos 65....100 103 Northern Ind Pub S Cos 7f 109 ... Progress Laundry Cos com.. ..31% ... E Rauh & Sons Fert Cos ofd. 50 ... Real Silk Hos Cos pfd 74% ... Standard Oil of Indiana 76% ... T H I & E Trac Com ....... 1 T H I & E Trac Cos pfd 14 T H Trac <fc St 93 101 Union Trac Cos com % Union Trao Cos Ist. r>M l Union Trac Cos 2nd pfd % Union Title Cos com 80 Van Camp Pack Cos pfd 11 Van Camp Prod Ist pfd .... 96 101 Van Camp Prod 2d pfd 90 97 •Ex-divldend. —Bonds— Belt R R & Stk Yrds 4s 89 Broad Ripple Trac Cos 5s 76 ... Central Ind Gas 5s 98% ... Central Ind Power Cos 6s 102 Chi S B & N Ind 15 Citizens Gas Cos 5s 103 Citizens St RR 5s 83>/* 87 Gary St Ry 5s 84 —... Home T & T of Ft. Wayne 6s. .103 ... Indiana Hotel Cos 5s 101 ... Ind Northern Trac Cos 5s 4 Ind Ry & Lt Cos 5s 98 Ind Service Corp 5s 93 Indpls Power and Lt Cos 5s ... 99 101 Ind Union Trac Cos 55../. Indpls Col & So Trac 6s 99 102 Indpls Gas Cos 5s 101 104 Indpls & Martins Trac Cos ss. 30 Indpls Nor Trac Cos 5s 10 13% Indpls & Northw Trac Cos 55.. 30 Indpls St Ry 4s 65 87 Indpls Trac & Term Cos 55... 94 95 Indpls Union Ry 5s 100 Indpls Water Cos Ist 103 Indpls Water Cos Ist 5s 96 101 Indpls Water Cos 4%s 95 97 Water Works Sec 5s 96 99% Interstate Pub S Cos 4%s 96% ... Interstate Pub S Cos 5s 88 ... Interstate Pub S Cos 3%s 101 ...^ N Ind Pub Ser 5s 99% ... T H I & E Trac Cos 5s 75 T H Trac & Lt Cos 5s 93 Union Trac of Ind Cos 6s .... 11% 14% —Liberty Bonds— Liberty Loan Ist 3%s 99.66 99.86 Liberty Loan Ist 4%s 100.60 100.80 Liberty Loan 3d 4‘/<S .... 99.90 100.10 Liberty Loan 4th 4%s 101.00 101.20 U S Treasury 4%s 111.08 111.28 U STTreasury 4s 106.02 106.22 U S Treasury 3%s 103.74 3J13.94 U S Treasury 3%s 98.68 99.88

Consol Gas 143 ... 143 14374 Elec Pow & Lt 35 Interboro 4174 ... 41% ... Nor Am Cos 70% ... 7074 70% Nat Power ... ... 32% Pub Svc N J.... 55% 55% 55% 55V* S Cal E 47 Std Gas & El 6374 Utilities Power.. .. 37% West Union Tel. .. 145 Shipping— Am Inti Corp... 97% 95% 97 95% Am Ship & Com .. 4 Atl Gulf &W I. 4774 4874 47 % 47% Inti Mer M pfd 36 United Fruit 136% Foods— Am Sug Rfg ... 68’/* ... 68% ...% Austin Nichols 4% Beechnut Pkg .. 79% ... 7414 74% California Pkg.. .. ... ... 71 Vs Corn Products.. 7814 77% 78 77V* Cuba Cane Sup. 18 17% 17% 17 Cuban Am Sug.. 18% ... 18% 18% Fleischmann Cos. 71 70% 71 70 Jewel Tea 117 Jones Bros Tea. .. ... ... 2714 Natl Biscuit 166 165% 166 165% Nat Dairy 82% 82 8214 81% Postum Cos 67Vi ... 67% 67 Ward Baking B. 17% ... 17% 17% Tobaccos— Am Sumatra ... 67 ... 67 65% Am Tob B ,v. ... 181 3 * Con Cigars 88 General Cigar .... 60% Lig & Meyers... 90% ... 90% 89% Lorillard 29% ... 2814 29 R J Reynolds 132% Tob Products B. 95% ... 95'4 96 UnitedAfcgar St. 22% ... 22% 24 Strs 58’% ... 56 64% ‘RAIDS' STATE FARM Kokomo Man Accused of Raising Disturbance. Believed to be the same man who created disturbances at the Indiana State farm at Putnamville Sunday night and this morning, Fred Kanden, Kokomo, was arrested at Kokomo today, according to a call received by Indianapolis police. " Kanden was driving a car he had rented from the Saunders System here. The sheriff at Danville, Ind., phoned that an automobile bearing a certificate of title issued to Kanden and containing six bottles of Canadian liquor was wrecked and abandoned near Stilesville Sunday and that the man was hurt on the head. The man appeared at the State farm and raised a disturbance Sunday night and returning this morning in a Chrysler car and carrying a revolver. State farm officials phoned that they believed he was demented and headed here. An emergency squad watched the National Rd. for him without success.

Produce Markets

Butter (wholesale price) No. 1. 47@48c: No. 2. 45® 46c lb. Butterfat (buying price 1—45®46c lb. Cheese (wholesale selling prices, per pound I —American loaf. 36c; pimento loaf. 36c: Wisconsin fiat. 2Sc: prime cream. 32® 34c; flat Daisy. 27c: Longhorn. 27c: New York Limberger. 30c. Eggs—Buying prices: Fresh, delivered at Indianapolis, loss off. 26c doz. Poultry (buying prices)—Hens, 20®21c: Leghorn hens. 14®15c: 1928 spring, large breed 2 lbs. and up, 28c; 1%@1% lbs.. 24@25c; Leghorns, 20@21c; old roosters, large, ll@12c; small. 10c; ducks, 10c; geese. 8c: guineas, young, 50c; old. 35c. By United Press NEW YORK, Aug. 6.—Flour—Quiet and steady Pork—Firm. Mess—s 33 50. Lard —Steady; midwest spot, *12.50® 12 60. Sugar—Raw. quiet; spot 96 test delivered duty paid, [email protected]; refined, quiet; granulated. $5.55. Coffee—Rio, No. 7 on spot, 17<fj.17%c: Santos No. 4, 23%<&24c. Tallow—Dull; special to extra, B®.B ! *c. Hay —Quiet; Nos 1, $1.25; No. 3, 80c® $1.05. Clover—7sc® sl.lO. Dressed poultry— Quiet; turkeys. 25@27c; chickens. 28-)/46c; broilers. 304/ 31c; fowls, 16® 31c; ducks. 18@19c; Long Island. 23c. Live poultry —Quiet; geese, 10® 15c; ducks. 15® 23c; fowls. 18®23c; turkeys. 20®25c; roost trs. 18@19c; broilers, 25®40c. Cheese--Quiet; State, whole milk, fancy to specials. 25@ 26%c; young Americas, fresh. 26@26%c. Potatoes—Sweet, southern. S3® 9; Long Island, $1.75®2.25; Jersey, $1 75®.2; southern, $1.75®2.25. Butter—Quiet; receipts, 5,705; creamery extras, 45%c; special market, 46®46V*c Eggs—Steady; receipts, 10,294; nearby white fancy. 44t/.47c; nearby State whites. 33® 43c; fresh firsts. 30% ®.31%c; western whites, 32®36c; Pacific coast, 34®44c; nearby browns, 31®42c. By United Press CLEVELAND, Aug. 6.—Eggs—Extra, 37c; extra firsts, 34%c: firsts, 31c; ordinaries. 27V4c. Butter—Extras in tub lots. 47® 49c; extra firsts, 43%®*45%c; seconds, 39% ®4l%c. Poultry—Heavy broilers, 35®3?c; leghorns, 24® 26c; heavy fowls, 26®27c' medium stock. 25®26c; leghorns, 18®20cducks 20!i?22c : Keese, 15@17c; old cocks. 16® 17c. Potatoes—U. S. No. 1, cloth ton stave barrels. Virginia, $2.75.

Local Wagon Wheat

Local grain elevators are paying $1.29 for No. 2 red wheat and $1.04 for No. 2 hard wheat. Other grades are purchased on their merits. Births Glrla Maurice and Harriet Van Kirk. 3868 Byram. Israel and Prances Martin. 2348 Bellfontaine. Gottlieb and Sophia Asperger, 910 Greer. Dillard and Mav Davis. 1279'/a Oliver. Clifton and Margaret Owens, 2070 Highland Pl. Frank and Lois Surlen. Coleman Hospital. Merritt and Mabel Wlckliff, Coleman Hospital. Joseph and Beatrice Carmer. 2131 E. Washington. Kenneth and Helen Starns, 807 N. Illinois. Russell and Margaret Chambers, 252 S. Oakland. Chester and Leola Jordan. 1026 Fayette. Roy and Audrey Cunningham, Methodist Hospital. Glenn and Virginia Mutter. Methodist Hospital. Rex and Louise Johnson. Methodist Hospital. Charles and Mary Munsch, 902 Buchanan William and Anna Guy, 1016 Haugh. Henry and Carrie Stewart, 1040 Maple. Alton and Bertha Guyton, city hospital. Harry and Evelyn Fowler, city hospital. Lloyd and Leila Taylor, city hospital. Luke and May Lewis, city hospital. Gadis and Clara Berry, 2448 N. Rural. Vaughn and Daisy Tobey, 733 Park. Boys Claude and Frances Whitaker, 1421 N. Warman. Francis and Frank Payne, 241 E. South. Roy and Sarah Springer, 5126 Chelsa Rd. Robert and Sylvia Brummet, Coleman, Hospital. William and Marie Trimble, 1717 W. Market. Freeman and Josephine Lee, 2205 Pleasant. Paul and Laxina Dunkerson, city hospital. Herschel and Jessie Hobbs, city hospital. Deaths Albert F. Lytle, 46, 2519 N. Pennsylvania, myocarditis. Grace F. Frazier, 38. Methodist Hospital, Vincenb’A angina. John B. Sauer, 43. 2118 Napoleon, acute cardiac dilatation. Castella Temple, 66, 3858 Carrollton, chronic myocarditis. Catherine Chesterfield, 79, 627 N. Noble, acute cardiac dilatation. Houston Newby. 28. 426 West North, pulmonary tuberculosis. Mary Parrish. 78. 2007 N. Capitol, arterio sclerosis. Julie Wade, 76, 661 E.. Twenty-First, chronic myocarditis. George J. Dunn, 56, 858 West Pratt, cerebral hemorrhage. H. Christopher Griffith, 81, Methodist Hospital, arterio scleresis. COTTON OPENING B il United Press NEW YORK, Aug. 6.—Cotton futures opened lower. October 19.55, off .13; December 19.50, off .04; January 19.44, off .04; March 19.50, off .06; May -19.50, off .09. Dance to N. Y. From Bridgeport By United Press NEW YORK, Aug. 6.—Mary Promitis and Joe Reynolds, dancing from Bridgeport, Conn., to Times Square, New York, on a reputed $2,000 wager, shuffled down the grand concourse in the Bronx this morning.

THE INDIANAPOLIS TIMES

ALL MATERIAL STEADY TODAY AT STOCKYARDS Best Hogs Sell at $11.85T Receipts Number 5,000, Holdovers 300. July Bulk Top Receipts 28. 10.75(2)11.50 11.50 3,000 30. 10.75®11.40 11.50 5,500 31. [email protected] 11.50 7,000 T' 11.00® 11.75 11.75 6,500 2. 10.90® 11.65 11.75 7.000 3. 11.00®. 11.55 11.65 5.500 4. 11.00® 11.85 11.85 2.500 6. 11.00®. 11.85 11.85 5.000 The tone throughout every division on the local livestock market was steady as the week opened today. Receipts in the hog division were estimated at 5,000 and there were 300 holdovers. The top stood at $11.85. The Chicago market opened slow, strong to 10 cents higher than Friday’s best prices. Several loads of choice 180-200 pound weights sold at $11.55® 11.60. There were 31,000 brought to the yards. Heavy butchers. 250-350 pounds were in a higher range selling at $11.15® 11.85, and other quotations ranged as follows: 200-250 pounds, $11.65®11.85; 160 -200 pounds, [email protected]; 130-160 pounds, sll® 11.50; 90-130 pounds, $8.75®10.50, and packing sows, $9.50® 10.50. Beef steers brought [email protected], slightly higher than Saturday's quotations but steady considering quality. Beef cows were $8.50@11; low cutter and cutter cows, $5.25® 7, and bulk stock and feeder steers, sß® 12. There were about 400 received. vealers brought $16.50® 18 in a steady calf market supplied with around 400 animals. Heavy calves brought s7® 11. Sheep and lambs were unchanged and there were 400 received in that division. The top stood at $14.25, and bulk fat lambs sold for sl3@ 14. Bulk culls brought SB®TO.SO, and fat ewes, $4.50® 6.50. • —Hogs— Receipts. 5,000 market, steady. 250-350 lbs $11.15® 11.85 200-250 lbs 11.65® 11.85 160-200 lbs 11.75® 11.85 130-160 lbs 11.00® 11.50 90-130 lbs 8 75® 10.50 Packing sows 9.50® 10.50 —CattleReceipts. 400; market, steady. Beef steers Beef cows 8.50®. 11.00 Low cutters and cutter cows . 5.25® 7.00 Bulk stock and feeder steers. 8 00®12.00 —Calves— Receipts. 400; market, steady. Best vealers $16.50® 18.00 Heavy calves 7.00® 11.00 —Sheep— Receipts, 400; market steady. Top fat lambs $14.25 Bulk fat lambs 13.00®14.00 Bulk cull lambs B.oo® 10.50 Fat ewes 4.50# 6.50 Other Livestock By United Press Hogs—Receipts. 31,000; market, falrlv active, mostly 15@25c higher than Friday's average; top ,11.50 paid for choice. 180-225 !b. weights; butchers medium to choice 250-350 lbs., $10.50® 11.50; 200-250 lbs., $10.75® 11.75; 160-200 lbs., $10.40® 11.75; 130-160 lbs., $9.75@,11.50; packing sows. $9 406 10.40; pigs, medium to choice. 90130 lbs.. 59.4041,10.75. Cattle—Receipts, 12,000. Calves—Receipts. 2.500; most killing classes 25c higher, active at advance; best weighty steers, $16.55; yearlings. $14.25® 16 50; 1.100-1.300 lbs , $14.25® 16.75; 956-1,100 lbs., $14.25® 16.75; common and medium 50 lbs., $8.75® 15.25; fed yearlings good to choice 75<K950 lbs.. $14.25® 16 75; heifers good to choice 50 lbs. down. sl4® 16.25; common to medium. $8.25® 14; cows, good to choice, s9® 12.50; common and medium, $7.25@9. low cutter and cutter, $5®7.25; bulls good to choice (beef), $9.40 <£L 10.75; cutter to medium, $7.25®9.50vealers (milk fed), good to choice. $15.75 @17.50; medium, $12.50® 14.75! qpll and common. sß® 12.50: stokers and feeder steers good to choice (all weights), *11.75® 13 7s; common and medium. $9.50® 11.75. Sheep—Receipts, 14,000; fat lambs and range feeders In demand at strong to 25c higher rates; good Western killers selling advanced: fat ewes, 25@50c hlglier; lambs, good to choice 92 lbs. down [email protected]: medium. $12.50® 14.25; cull and common, $9.50® 12 50: ewes, medium to choice. 150 lbs. down. $4 75 7.75; cull and common, [email protected]; feeder lambs 'feood to choice. $13.50®. 14. By United Press EAST BUFFALO. Aug. 6—Hogs—Receipts 4,300 holdovers. 500; market,, active steady to 10c up; 250-350 lbs., $11.75® 12.25; 200-250 lbs., $12®12.25-; 160-200 lbs.. sl2 @12.35; 130-160 lbs., $11.60® 12 25; 90-130 lbs., $11.50® 12; packing sows, [email protected]. Cattle—Receipts, 2.300. Calves—Receipts. 1,000; market, mostly steady; veals 500 up; beef steers.* *12.50®16.35; light yearling steers and heifers. [email protected]; beef cows, $8.25®10.25: low cutter and cutter cows, s4.Ra@ 7.25; vealers. *17.50® 18.50. Sheep—Receipts. 2.600: market. 25c up; top fat lambs, *15.50: bulk fat lambs. sls @15.50; bulk cull lambs. $9.50® 12; bulk fat ewes, $50*7.25. By United Press TOLEDO. Aug. 6.—Hogs—Receipts, 350. market, 15@25c higher; heavies, *IU; 11.50; mediums. $11.75® 12; vorkers, $11.75® 12; good pigs. $10.50® 11. Cattle—Light; market, steady. Calves—Light; market, steady. Sheep and lambs—Light; market, steady. By United Press CLEVELAND. Aug. 6.—Hogs—Receipts. 2.600: market, 15625 c up; top, $12.25- 250350 lbs., *11.60® 12.15; 200-250 lbs., *12.10 @12.25; 130-160 lbs., $11.756 12.25; 90-130 lbs.. $11.50ig11.75; packing sows, $9.25® 11. Cattle—Receipts. 900. Calves—Receipts, 900; market, steady to ?5c lower; calves 50c doryn: beef steers, $11@14; beef cows. *7.25 ®9.25; low cutter and cutter cows, ss® 6.75; vealers, sl6® 19. Sheep—Receipts, 1,300: market, steady; top fat lambs, $15.25; bulk fat lambs, [email protected]; bulk cull lambs, $11@12; bulk fat ewes. ss@ 7.25. By United Press FT. WAYNE, Ind., Aug. 6.—Hogs—Receipts, 250; market, steady to 15 cents higher; 90-110 lbs., $9.50; 110-130 lbs., $10.50: 130-140 lbs., $10.75; 140-150 lbs.. $11; 150-160 lbs.. $11.25; 160-170 lbs., $11.40; 170-250 lbs., $11.50; 250-300 lbs., $11.65; 300-350 lbs., $11; roughs,’ $96 9.50; stags, s7® 7.50. Calves—Receipts, 26; market, $16.50 down. Sheep—Receipts, 50; market, lambs $13.50 down.

The City in Brief

The Municipal Gardens Woman’s Club visited Camp Gridley, junior naval reserve camp on White River, this afternoon. The club women entertained the boys attending the camp with a picnic supper. Inspections, a parade, boat review, canoe titlting and other contests were staged for the visitors. Irvington Republican Club members in a body will call tonight on State Senator Fred M. Dickerman, one of their number, who is confined to his home, 5702 Lowell Ave., with a broken leg. Armistead Anderson, 31, of 1146 W. Thirty-Third St„ was arrested on an embezzlement charge late Saturday after he is alleged to have admitted to detectives that SBS he reported stolen from a hiding place at the Standard Grocery, 3414 Clifton St., was removed by himself. Sherman Norris, 2848 Highland PI., was helc by police today following Harry Ballinger, 605 W. Twenty-Seventh St., that Norris stabbed him through the hand with a pair of scissors, a

Enter Normal Foot Contest Finals

ra/t St., whose feet are pictured Any Indianapolis girl or worn[Xf^iehfm£* Keller's* X entries will 'he relied

THESE three Indianapolis women are the first to win TVur way into the finals in The Times normal foot contest. Above, left, Miss Bonita Klotsche, 370 S. Taft St., whose feet are pictured immediately below. Center, Miss Twighla Keller, 244 N. Belle Vieu Avt.; righfr, Miss Keller’s feet. Lower right, the feet of Mrs. Edward Giper, whose face appears in the photo in the circle below. The judges are now examining the photographs of the entrants in the contest, and the owners of the feet which win approval will be notified to appear at Broad Ripple park Thursday for the finals.

FOOT DOCTORS OPENSESSION Osbon Named Head of State Group. A financial and business program was completed today by the national executive council of the Association of Chiropodists-Podiatrist-s and presented to the annual session of the housei of delegates this afternoon in the Lincoln. The Indiana Association of Podiatrists meeting Sunday and the meeting today preceded the seventeenth annual national convention wheih opens Tuesday in the Lincoln. Dr. S. P. Osborn, Ft. Wayne, was elected president of the Indiana association, succeeding Dr. C. M. Wilder, Indianapolis. Other officers named: Dr. O. S. Schmidt, Evansville, first vice president; Dr. Arnold Elson, Ligonier, second vice president; Dr. Hal P. Smith, Indianapolis, secretary-treas-urer; Dr. H. E. Weigner, Elkhart, chairman of the board of directors; Dr. L. M. Clements and Dr. Everett Snick, both of Indianapolis; Dr. A. A. Friehoser, Lafayette, and Dr. E. W. Cordingly, Clinton, directors. The 1929 convention will be held in Ft. Wayne Dr. C. L. Snyder, South Bend, secretary of the South Bend Airport Association, discussed “Aviator’s Foot” at the State meeting Sunday. "Constant pressure of feet on the rudder bar during long flights causes a tingling sensation in the ball of the foot and cramps in the leg muscles,” he said. Other speakers were Dr. Cordingly, Dr. Osborn, Dr. Schmidt, Dr. Smith, Dr. Dan R. Tucker, Dr. Clements, Dr. Snick and Dr. Weigner. MILLER-WOHL COMPANY LEASES CHICAGO SITE Three Other Stores Will Be Opened This Fall. Local officials of the MUler-Wohl Company, Inc., which operates a ladies’ ready-to-wear clothing store here at 45 E. Washington St., today received word that the company has* taken a long term lease on property formerly occpied by the Warmington store, at State and Washington Sts., Chicago. The lease involves more than $2,500,000. The Miller-Wohl Company will occupy the basement, main floor, mezzanine, second, third and fourth floors of the building, with thirty-three-foot frontage on State St. The company expects to open three other new stores this fall, one in Indiana, Ohio and lowa, and will have twenty-five stores in operation by the end of the year, an official said. No Need for Glasses at 112 PHOENIX, Md. f Aug. 6.—Bainbridge C. Trennum celebrated his 112th birthday Sunday by reading a newspaper without using spectacles. He wore spectacles when he was 60, but discarded them because they were bothersome. " SUGAR OPENING Bn United Press NEW YORK, Aug. 6.—Sugar futures opened higher. September 2.19, up .02; December and January 2.34, up .02; March 2.37, up .02; May 2.45, up .03; July 2.52, up .02. _

The Indianapolis winner will be eligible to compete in the nation-' al contest against winners in other cities. The local winner will also receive a cash award and a silver loving cup. The National Association of Chiropodists-Podiatrists, who are having a convention this week, will have full charge of the judging of the contestants.

Interest Grows in City as Center for Air Lines

Many Inquiries Received on Facilities Here From Companies. Indianapolis—“Whsre America’s air lines cross”—although just awakening to the possibilities of aviation, is fast gaining attention of business men interested in aviation promotion, judging from inquiries received at the Chamber of Commerce, In the past few weeks the Chamber has received numerous inquiries about airport and airplane manufacturing facilities here. Inquire of Facilities Several days ago a letter was received from the Helium Company, Louisville, Ky., suggesting that if a dirigible balloon mooring mast is to be available here, this city may be on a freight and passengerschedue planned by the company, which proposes to establish an air route, using a smal dirigible, within a radius of about 400 miles of Louisville. Sky View Lines, Inc., Detroit, has written for data on a municipal airport from which the company might operate its tri-motored StoutFord all metal monoplanes. American Airports Corporation, New York, has asked a detailed air map of the city and its airports, explaining it is working on plans and design for buildings which may be needed here by an air transportation company contemplating a stop at Indianapolis. Negotiate for Plant A Hampton, Va., company wrote that it is investigating Indianapolis as a potential location for an airplane factory to manufacture planes designed primarily for the private owner. The industrial commission already is negotiating with a Detroit concern for location of a $1,000,000 factory here to produce tri-motored planes on a production basis, giving employment to hundreds of men.

SEVEN SUSPECTS IN CITY BURGLARY NET

Two Boys Are Capturedas They Flee From Grocery Store. Seven burglar suspects were arrested by police over the week end. Two boys, 16 and 16, were arrested as they fled from the Arthur Pritchard grocery. Churchman Ave. and Raymond St., with $1.14 in. pennies they had taken from the cash register. They had broken in the rear door. Walter Stalhut, 2511'fe Raymond St., and William F. Hombroke, 2281 Harlan St., followed the boys as they left the store and held them until police arrived. Patrolman John Sullivan arrested his namesake, John Sullivan, 19, of 2437 Shelby St., on a burglary charge. The younger Sullivan ad-

Any Indianapolis girl or woman is eligible for the contest, and entries will be reived up until 1 p. m. Wednesday. Entrants may have their feet photographed without charge by calling at The Times office between 11:30 and 1 Tuesday or Wednesday. Dr. Joseph Lelyveld, director of educational research for the Podiatrist Association, is ir, complete charge of the contest.

3 JOIN W OF ‘LAMEDUGKS’ Primaries of Last Week Retire Men From Congress. By Times Special WASHINGTON, Aug. 6.—Three members have ' been added to the congressional lame duck cluu as result of the primary of the last week. The three are: Representative Finis Garrett, minority leader of the House, who failed to defeat Senator McKellar for re-election in Tennessee. Garrett had served nearly twenty-two years in Congress. Representative Eugene Black of Clarksville, Texas, who had represented the First district in that State for nearly fourteen years. Representative Tom Blanton, who ran for the Senate in Texas and thus eliminated himself after serving six terms. Garrett's defeat was not unexpected, friends of Senator McKellar having predicted from the start he could not be ousted. Black was the only Texas Representative running for re-election who was defeated. He was beaten by Wright Patman of Texarkana. Patman attacked Black’s legislative record. Blanton was completely outclassed in the senatorial race, which developed into a runoff between Senator Earle Mayfield and Representative Tom Connally. The election Aug, 25 will determine whether Mayfled or Connally will become a lame duck. Washington predictions are that it will be Mayfield. The lame ducks finish their terms in the seventieth Congress and pass out of public life March 4, 1929.

mitted he had broken into the Herman Grothe poolroom, 2211 Shelby St., twice in the last month, detectives said. Four youths are being held on high bond while detectives investigate their story that they went to the Graham-Paige Company used car store, 514 N. Capitol Ave., early Sunday to be first in line to buy a car advertised for sale for $5. Two of the youths were inside the store. The rear door had been broken open. The others were waiting outside. Persons reporting thefts and burglaries over the week-end included J. W. Hensley, 122 W. Eighteenth St., two ferns, value $7; George H. Cores, $35 Marlin rifle; Albert Izor Pharmacy, 501 W. Washington St., watches and cigarets, S7O; Frank Donaldson, 44 S. Holmes Ave., clothing, value $22.

_AU(i. 6, 192S

WHEAT CROP IS FAVORABLE AND PRICESDECLINE Corn Loses With Continued Short Selling and Liquidation. By United Press ' CHICAGO, Aug. 6,—Generally favorable crop reports sent wheat lower today on the Board of Trade. Continued short selling and liquidation causes losses in corn. Oats was little changed. Wheat opened to % cent off, corn was down 14 to % cent and oats was Vs cent off to % cent up. Provisions were sharp’y higher. Wheat declined s f tadily all last week, receiving only slight support from shorts. Prices at the close Saturday were at new lows on the crop. Kansas City reported today that floods hhd ployed havoc with Kansas crops. Sep ! ember corn suffered late last week from liquidation by commission houses and selling by the pit element. Crop experts are predicting an early harvest. Oats is down 7% to 78 % cents from the recent seasonal high. Farmers are inclined to holr< their new oats for better prices, but arrivals are heavy. Chicago Grain Table —Aug. 6 WHEAT— Prev. High. Low. 12:00 close. September ... 1.15% 1.14>* 1.14'< 1.16% December ... 1.20% 1.19% 1.19% 1.21 March 1.25 1.22 1.23 CORN— September .. .94% .917* .93 .95% December ... .76 .74% .75 .76% March 77% .76% .76% .78 OATS— September ... .38% .38% .38 1 ~ ,38 s a December ... .42 .41 % .41% .41% March 43% .13 .13% .43% RYE— September .. 1. 0S 3 * f.. 98% 100% December ... 1,02 1.00% 1.01 1.02% March 1.03% ... 1.03% 1.04 LARD— September .. 12.35 12.35 12.25 12.23 October 12.47 12.40 12.37 December .. 12.57 .... 12.47 12.42 January .... 12.60 .... 12.60 12.62 RIBS — September .... 14.15 October 13.62 Bu Times Spceial CHICAGO. Aug. 6 —lCarlots: Wheat, 181; corn, 93; oats, 63; rye, 2; barloy. 51.

In the Grain Market

(By Thomson As McKlr|n#n) CHICAGO, Aug. 6.—The commonly accepted estimate of United States wheat yield is 850,000,000, and for all Canada, 550,000,000, total of 1,400,000,000, deducting 750.000,000 for home consumption, both United States and Canada giving a surplus not far below requirements for the world. Even though these figures are in no way offeial, they undoubtedly have something to do with the shy retiring policy of the importer. Beyond some harm to the crop, nothing but occasional rallies are possible. HALSEY, STUART TO OFFER LARGE ISSUE Chicago Company Purchases $30,000,000 Middle West Utilities. By Times Special CHICAGO, Aug. 6—A thirty million dollar short-term issue will be offered shortly, it was made known today with the announcement of the purchase of $30,000,000 Middle West Utilities Company 5!4 per cent serial notes by Halsey, Stuart & Cos, The notes mature $10,000,000 each Aug. 1, 1929*t0 1931. Unusual interest attaches to this issue for several reasons. It represents the largest issue of its kind that has been annouced since the bond market became quiet as a result of the rise in money rates. It may mark the revival of interest in the market, it is said.

Commission Row

PRICES TO RETAILERS FRUITS Apples—New lancy Transparents. $2 basket; lancy barrel apples, seasonable varieties, $5 50, new fancy basket apples, seasonable varieties. $2 crate, 40 lbs. Apricots—*3.ls crate. Blackberries—s3, 24-qt. crate. Cantaloupes—Arksans. $2.50 crate. 1 Cherries—Northern, $3.50, 16-qt. crate. Currants—s2.so. 16-qt. crate. Dewberries—ss.so. 24-qt. case. Gooseberries—lndiana, $5, 24-qt. crate. Grapes—California, $2(32.50 crate; Malagas. $2.50 crate. Huckleberries Georgia, $7,50, 24-qt. crate. Lemons —California, $2.50 crate. Limes—Jamaica, $1.75(32.25, 100. Melons—Honey Dew, California, $5.50. Oranges—California Valencias, $7(32.25 crate. Peaches—Southern, $2 @2.25 crate. Pears—Barletts. $3. Plums—California, [email protected] erat*. $3.50 crate. Raspberries—Black. $2 50 crate; red, Watermelons—Florida, 75c each. VEGETABLES Beans Mississippi stringless, $1.25 hamper. Beets—Home grown, 35c doz. Cabbage—Home grown, $1.25 bbl. Carrots—Louisiana, 35c doz. Cauliflower—Home grown. $1.25 bil. Celerev— Michigan. $1.25 crate. Corn—Fancy home-grown, 30c doz. Cucumbers lndiana hothouse, homd grown. 75c doz. Kale—Spring. 600 bu. Mustard—Fancy, home grown, 60c bu. Okra—Tennessee, $1 basket. Onions—Home grown, green, 25@400 doz.; Texas crystal wax, *[email protected] crate. Parsley—Home grown, 50c doz. bunchee. Peas—New York, Telephone $1.50 bu. Peppers—Home grown Mangoes. $1.75 hamper. Potatoes —Virginia Cobblers, $2.75 bu.; fancy home grown, $1.35 bu. Radishes—Hothouse, Button, 65c doz. bunches; southern long red, 45c doz. Rhubarb—Home grown. 35c doz. Spinach—Fancy Home grown, $1.35 bu. Sweet Potatoes—s2.so hamper. Turnips—New. $1.25 bu. MISCELLANEOUS Cldar—s4.so 6-gal. case; $4.75 doz., HJIMMY WALKER IS HOME / New York Mayor Convinced Coontry Does Not Want Prohibition, Bu United Press NEW YORK. Aug. 6.—James J. Walker was back on the job of being mayor of New York today, convinced that the country does not want prohibition; that if liquor ia sold in New York it should be stopped, and that Governor Smith will carry most of the western States this fall. Walker has been absent from New York since before the Democratic convention and since then has visited the Southwest, the West coast and western Canada. He slipped Into town Sunday, keeping his arrival secret to avoid crowgp,