Indianapolis Times, Volume 40, Number 69, Indianapolis, Marion County, 10 August 1928 — Page 25
AUG. 10, 1928.
BULLISH NEWS BRINGS BUYING INTOTHE LIST Du Pont Is Retained as G. M. C. Chairman; Increase in Loans Small.
Average Stock Prices
Average of twenty industrials Thursday was 215.10. off .09. Average of twenty rails was 136.98, off .60. Average of forty bonds was 95.71, off .14. B.y United Pres* NEW YORK, Aug. 10.—Bullish overnight news brought resumption of buying into the stock market in early dealings today. The opening was strong with leaders higher and some of the more speculative shares soaring several points. Bullish interpretation was placed on the retention of Pierre S. Dupont as chairman of the board of General Motors Corporation, and an increase of only\ $14,488,000 in brokerage loans. Retention of the 5 per cent rediscount rate at New York also was a factor in the buying movement. Radio opened at 178, an overnight gain of more than four points and continued strong in early dealings. Electric Auto-Lite rose three points to 82, Warner Brothers Pictures, 5% to 79%, and a long list of others spurted one or two points. G. M. C. Gains 2 General Motors moved up nearly two points to 18714 in active turnover, while U. S. Steel rose 1% points to 140% and American Can gained 1% to 93%. Montgomery Ward made a new' high. Motor shares generally were in demand. Hupp rose 1% to 58 s 4; Chrysler, 214 to 8714, and others proportionately. Oils also moved higher as did many special issues. Utilities were strong under the leadership of Consolidated Gas which rose two points to 147%. Buying of the latter followed approval of the merger with Brooklyn Edison. Describing the market, the Wall Street Journal's financial review today said: “Continuation of the • rediscount rate of the Federal Reserve Bank of New York at 5 per cent and the increase of only $14,488,000 in brokers’ loans during the week ended Aug. 8, caused an urgent covering movement in the early dealings.”
Banks and Exchange
INDIANAPOLIS STATEMENT Local bank clearings today were $3,545,000. Debits were, $7,087,000. NEW YORK STATEMENT Bit United Press NEW YORK, Aug. 10. —Bank clearings today were $956,000,000. Clearing house balance was. $103,000,000. Federal Reserve bank credit balance was, $96,000,000. TREASURY STATEMENT Bn United Press WASHINGTON, Aug. 10.—The treasury net balance for August 8, was. $338,587,701.65. Customs receipts for this month to Aug. 8., were, $13,219,739.44. FOREIGN EXCHANGE Bn United J'ress NEW YORK. Aug. 10.—Foreign exchange opened steady. Demand sterling, $4.85 1-16; francs 3.90%c, up .00Vb; lira. 5.22 7 /c; Beiga 13.90 c, eff .00%; marks, 23.82%c.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, Aug. 10.—Just prior to the close of Thursday’s session, it was reported that money was coming into the market in fair supply. Does this mean that we will be able to go through today’s session without an increase in money rates? We wonder if the bull element will take advantage of this situation? It could easily happen for some of the disturbing developments which have been overhanging the market have been cleared up. The steel tonnage report will be available at noon and while it is expected to show a decline from last month, it will probably be better than the corresponding month of last year. Generally, conditions, but one, are good, that of course, is money, and when an examination is made of the brokers’ loan figure?, the fact stands out in bold relief that the banks are continuing their policy of working with the Federal Reserve to conserve credit for commercial purposes. There is, in our opi ion, ifetle use trying to combat suen opposition. It would, therefore, seem logical to take advantage of any bulge in prices to liquidate some part of long holdings.
In the Cotton Market
(By i’honuon & McKinnon) NEW YORK, Aug. 10—We mfcst watch our step after such a decline. There seems to be a lot of weather of one kind or another over the Gulf of Mexico. It must work out In some direction and in doing so cause a rally in the cotton market. By United Pres NEW YORK, Aug. 10.—Cotton futures opened higher. October. 18.80, up .16; December, 18.80. up .18; January, 18.60, up .08; March, 18.75, up .13; May, 18.63, UP .06. PLAN CONVENTION HERE Indianapolis has been selected for the 1929 safety section convention of the American Railway Association April 23 to 25, according to word received from New York City today by the Indianapolis convention bureau and T. R. McCampbell, representatives of the Big Four railroad. Five hundred representatives of more than 200 railroads operating m the United States and Canada will attend. Representatives of railroads entering Indianapolis formed a permanent committee, extending invitations at the Chicago convention in 1927, and again at Buffalo in May this year. Hunger Costs Liberty By United Press NEW ALBANY, Ind., Aug. 10.— Hunger resulted in Burford Alder, 30, Louisville (Ky.) fugitive from the Lakeland Hospital for the Insane at Lakeland, Ky., being in jail here today. He escaped in an automobile belonging to a hospital official. J. E. Hines, Floyd Knobs fanner, refused Alder’* request for food and then a shotgun and held Alder atibajfctil officers
New York Stocks (By Thomson & McKinnon) —'
—Aug. 10— Railroads— Prev. High Low 12:00 Close Atchison 188'A ... 188% 18714 Atl Coast Line 16514 Balt & Ohio ...10514 ... 105% 10514 Candian Pac 204 ... 204 203 Chesa & Ohio ..182 ... 182 182 Chi Si Alton 10 Chi & N West .. 82% ... 82 82 Chi Grt West ..13 ... 13 1314 CRI & P 116% ... 116% 116 Del & Hudson 18814 Erie 51 ... 50% 51 Erie Ist pfd 55 Grt Nor pfd .... 96 ... 96 96 111 Central 141 ... 141 142 Lehigh Valley 10 Kan City South. 48Vi ... 4E 47% Lou & Hash ...142 ... 142 141 M K & T 37% 36% 36% 36% Mo Pac pfd 114% 113% 114 113% N Y Central ....162V4 ... 162% 162 Vs N Y C & St L 125'/a NY NH & H 56 ... 56 56 Nor Pacific 95% ... 9.6% 85% Norfolk Si West 178 Pere Marquette 129% Pennsylvania ... 63% ... 63% 63% P & W Va 139 Reading 99% ... 99Vi 99% Southern Rv 147 Southern Pac ...120% ... 120% 120 St Paul 35% ... 35% 35 St Paul pfd 46% ... 46% 46 St L & S W 95Vi 93% 94 92% St L & S F 113 ... 113 112% Texas & Pac 172 Union Pacific ..193V4 ... 193% 192% West Maryland. 40% ... 40% 40% Wabash 71% ... 71% 72 Wabash pfd 93 Rubbers— A,lax 8% .. 8% 8 Fisk * 10% 91/4 9% 10% Goodrich 75% ... 74% 76% Goodyear 54 ... 5354 53% Kelly-Spgfld 1914 Lee 19 United States ... 32Vi ... 3154 32 Equipments— Am Car & Fdy. 90 ... 90 90 Am Locomotive ?0 Am Steel Fd ... 51 ... 51 51% Am B Shoe ... ••• , 40 2 General Elec . ..149% 148% 148% 148% Gen Ry Signal .. 97 ... 97 97% Lima Loco 43 ... 43 4212 N Y Air Brake 41' Pressed Stl Car 22% Pullman 80% ... 80% 80% Westingh Air B. 43% ... 43% 44 Westingh Elec.. 95% ... 95 94% Steels— , Bethlehem .... 5754 56% 56% 56 2 Colorado Fuel... 59% 59% 59% 58r 4 Crucible 71% Gulf States Stl 635* Inland Steel 57 Phil RC & 1... 28% ... , 28 28 Rep Iron & St! 62V* 61V* 61% 61 Otis Steel 22% ... 22% 22% U S Steel ...... 141 % 14054 140V* 139% Alloy 33 % ... 3254 3254 Youhgstwn Stl , 98 Vanadium Corp 72 ... 715* 70% Motors— .... Am Bosch Mag 32% 32 32% 31% Chandler 23% 23% 23 22 Chrysler Cor p.. 90% 86% 90 85 Conti Motors... 1154 ... 11% 11% Dodge Bros .... 175* 17 175'* 16% Gabriel Snbbrs 18% General M0t0r5..187% 18312 18312 185% Hudson 805* 78% 79 79% Hupp 59 58% 59 57 % Jordan 10 ... 10 10 Mack Trucks... 90 ... 89 £9 Martin-Parry ... 17V4 .. 17V4 17% Moon 7% Paige 33% ... 32% 32% Nash 85 ... 84% 84% Packard 77% ... 74% 74 Peerless 16V* Pierce Arrow .. 13% ... 13 13% Studebaker Cor 70% 705* 70% 711* Stew Warner .. SI 1 /* ... 91% 91 Stromberg Cart .. ... ... 50 Timken Bear ...125 ... 125 324 Wlllys-Overland. 21% 21% 21% 21% Yellow Coach... 32 3154 32 31% White Motor 37 Am l Smlt"& Rfg. .199% ... 199 198% Anaconda Cop... 66 65% 66 65% Calumet & Ariz. 94% ... 94% 95 Cerro do Pasco. 77% 77% 771-2 77V4 Chile Copper... 44 5 /s ... 44% 44 Greene Can C0p.101% 100 191’/* IJ2 Inspiration Cop. 20% 20% 20% 20% Int Nickel 99 Vi 9714 97% 9614 Kennecott Cop.. 95 ... 94V4 94% Magma Cop V ... Miami Copper .. 2014 20 20 20 Texas Gulf Sul. 6854 6814 68% 68 U S Smelt ... 46V4 Atlantic Rfg ...15754 158 156 154 Barnsdale 245 h 24% 24% , 24% Frceport-Texas.. 61% ... 61% 61% Houston Oil ....134% ... 134% 134 Indp Oil & Gas. 26% 28% 2614 26% Marland Oil .... 37% 37% 37Vi 37% Mid-Cont Petrol. 3014 ... 30% 30% LagO Oil & Tr.. 32 ... 32 32% Pan-Am Pet 8.. 43 ... 42% 43 Phillips Petrol... 3914 ... 39V* 39% Pro & Rfgrs 24 % Union of Cal ... 31 Pure Oil 23% Richfield 46% 36 46 46% Royal Dutch ... 55% ... 55% 55% Shell 2614 ... 2614 26% Simms Petrol..* .. ... ... 205* Cinclair Oil 27% 2754 27!i 27 Skellv Oil 31% ... 31% 3154 Std Oil Cal 51% 57 54 57% 57% Std Oil N J 45% 4454 45% 44% Std Oil N Y 35% 3554 3554 35% Texas Corp 61% ... 61 % 6! Transcontl % ... 754 7% Industrials— Adv Rumelv .... 42% ... 42% 41% Tills Chalmers. .125% ... 125% 124 Allied Chemical. 17854 ... 178% 17954 Armour A 20 ... 19 19 Amer Can 93% 92%. 92% 91% Am Hide Lea ... ... 10 Am H L pfd 41 4 Am Linseed ... ... 16954 Am Safety Raz 6154 Am Ice 44% 42% 44 44 Am Wool ... ... 16% Coca Cola 160 ... 160 160
Conti Can 113% 111% 111% 109 Coneoleura 23 ... 23 22% Curtis 102% ... 100% 101% Davison Chem .. 51' ... 50% 50 Dupant 370 ... 370 369 Famous Players. 133 131% 1.33 130 Va Gen Asphalt ... 74% ... 74% 73% Int Bus Mch ... ... 132% Int Cm Engr ... 60% ... 69% 59% Int Paper 60 ... 69 68% Int Harvester ..269% ... 269% 269% Lambert 105% ... 105% 106% Loews 535/, Kelvinator 10 10 10 9% Montgom Ward. 199 196% 197 106% Natl C R 65% ... 65% 64% Pittsburgh C0a1... ... ... 46 Owens Bottle ... ... 77% Radio Corp 178 176% 177 173% Real Silk 34 ... 33% 33% Rem Rand 28% 28 28% 28% Sears Roebuck. .128% 127% i”.*/Union Carbide ..162 ... iso 161 Unlv Pipe 19% ... 1914 19% uscs ii Pipe. .. ::: . * 239 TJ S Leather ... 44% ... 44 4414. IT S Indus A1c0.,114% ... 114% 113 Warner Bros .... 79% 75 75% 74% Utilities— Am Tel Si Tel 174% Am Express 185 i.' Am WatWks.... 55% ... 55% 55% Brklyn Manb T. 64% ... <54% 6*l/ Col G Si E. ...116% ... 115% Copsol Gas 147% 146% 147 i45% Elec Pow & Lt.. .. ... ... Interboro 43% ~. 431^ Nor Amer Cos 71% 71 71% ’71% Nat Power 33% 32% 33 32% Pub Serv N J 55% ... 54% 55% So Cal Ed 47 ... 47 46% Std Gas Si El.. 63% ... 63% 63V* Utilities Power 41 40% 41 39% West Union Tel >, 144 Shinning— < Am Inti Corp.... 96 ... 95 94% Am Shin & Com 3% Atl Gulf &WI. . 48% 46% 48% 47 Inti Mer M pfd 35 ... 35 35 United Fruit ... M 34 Foods— Am Sug Rfg 69 Am Beet Sugar 22% 22% 22% ... Beechnut Pkg 73% California Pkg.. 70% ... 70% 70% Corn Products. 79% 78% 79% 76% Cuba Cane Su p 18 Cuban Am Sug.. 17% ... 17% 18 Fleischmann Cos 70'/* 70 70 68% Jewel Tea 115 ... 115 115 Jones Bros Tea 29% Natl Biscuit ...166% ... 166% 166 Natl Dairy 83% 83% 83% 82% Postum Cos 66% ... 66% 65% Ward Baking B .. ... ... 18 Tobaccos— Am Sumatra... 66 65% 66 65% Am Tob (B) 162 ... 160 163% Con Cigars 90% ... 90% 90% General Cigar 60% Lig & Myers 88% Lorlllard 28% ... 29 28% R J Reynolds 131% Tob Products B oa United Cigar St. 24% ... 24 Schulte Ret Strs 60% 60 60% 59% Produce Markets Butter (wholesale Drlce) No. 1. 47®48c: No 2. 45® 46c lb. Butterfat (buying price)— 45@46c lb Cheese (wholesale selling prices, per S? un jUr~ Am< ! rican loaf - pimento loaf. 36c; Wisconsin flat, 29c: prime cream. 32® 34c; flat Daisy. 27c; Longhorn. 27c: New York Limberger. 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, loss off, 26@29c doz. Poultry (buying prices.)—hens. 20@21c: Leghorn hens. 14015 c: 1928 spring, large breed 2 lbs. and up. 28c; 1i6@1% lbs.. 24025 c; Leghorns. 20 021 c; old roosters, 'arge. Il@l2c; small. 10c: ducks, 10c: gees-. 8c; guineas, voung. 50c: old. 35c. Local Wagon Wheat Local grain elevators are paying $1.24 for No. 2 red wheat and 99c for No. 2 hard wheat. Other grades are purchased on their merits. SUGAR OPENING By United Press NEW YORK Aug. 10.—Sugar futures opened higher. September 2.22, up .02; December 2.37. up ,02; January 2.58, up
WHEAT FUTURES DIP 5 CENTS ON BEARiSHREPORT Major Grain in Season’s Sharpest Drop; Corn . 3 Cents Lower. By United Press CHICAGO, Aug. 10.—The influence of the strongly bearish Government crop report was reflected in all futures on the Board of Trade today. Wheat showed the most decline in what is said to be the sharpest drop of the season, but com was also sharply lower. Oats followed the downturn. Wheat opened 4% to 5% cents lower; corn was down 2% to 2% cents, and oats was off % to % cent. Provisions were about unchanged. Wheat shorts were inclined to even up Thursday before the publication of the Government report, crop estimates, however, proved exceedingly bearish, the total available supply of wheat for the season being placed at 973,000,000 bushels, as compared with 943,000,000 bushels last year. The short interest in corn was reduced somewhat but was still heavy at the close. The Government estimate put a much higher figure on the crop than in the report of July 1. Good export trade aided Thursday’s advance. The oats crop was estimated in the Government survey at 258,000,000 bushels more than last year. Heavy export sales were reported. Chicago Grain Table —Aug. 10— WHEAT— Prev. High Low 12:00 Close September ... 1.09% 1.08 I.oßl* 1.12% December ... 1.14% 1.12% 1.13% 1.18 May 1.20% 1.18 1.19% 1.2354 CORN— September ... .93% .9114 .92 .95 December ... .725* .71% .72 .7714 March 74 .72 V* .73% .76 OATS— September ... .37% .37 .37 .3754 December ... .40% .40.40 .40% March 41% .41% .4 1 54 . 42 RYE— September ... .95% .93 .94 .9654 October 98% .95% .97% 1.00% March 9914 .97% .99% 1.02% LARD— September.. 12.00 11.95 12.00 October 12.12 12.10 12.12 12.12 December .. 12.27 12.22 12.30 RIBS— September 13.87 October 13.45 By Times Special CHICAGO. Aug. 10.—Carlots: Wheat, 180; corn, 64; oats, 120: rye, 1; barley, 66. Minneapolis Wheat Off By United Press MINNEAPOLIS, Aug. 10.—Wheat opened nearly 5 cents lower on the 'Minneapolis Board of Trade today. September wheat dropped from $1.10% to $1.15% and December wheat fell from 1.14% to 109%. In the Grain Market IBy Thomson <Sc McKinnon) NEW YORK, Aug. 10.—Government figures on wheat are a distinct surprise, showing 40,000,000 more than the average of the private estimates and 20,000,000 more than last year. The increase in the rye crop of 4,000,000 over last month’s figures is also unexpected. The figures on corn, while in line with private estimates, are construed as bearish in comparison with the July Government report. The increase of 120,000,000 oats from the July report is another big surprise. Taken in its entirety, the report is unqualifiedly bearish on all grains. The City in Brief Efforts were being made to locate Richard McCray, whose home in said to be on Ruckle St., to notify him of the death of his father at the poor farm near Perrysville, Ind. The Daughters of America, Capital City Lodge No. 53, will have a baked goods and lefreshments sale at a stand opposite the grand stand in connection with the ShermanEmerson Civic League Mardi Gras this evening and Saturday on E. Tenth St., between Linwood and Emerson Aves, E. Harry Hudson, 50, of 5164 Sheldon St.; Lloyd Howe, 30, of Shelbyville, Ind.; John Paddock, 41, of Waverly, Ind., and Ernest Fleming, 25, Negro, 125 Blake St., were reported missing to police today. An involuntary bankruptcy petition has been filed in Federal Court by Frank L. Moore, restaurant manager, 2701 Manker Ave., listing liabilities of $1,501 and assets of $340. Liabilities, according to the petition, consist mostly of unsecured claims incurred as a partner in the Cream Sweet Donut Company, 845 Grove St. I. Wolfe, 555 N. Capitol Ave., reported to police today that his aubeen stolen and found with two tires, valued at S6O, and two vanity cases missing. Two Indianapolis boys, 15 and 17, were arrested at Danville, 111., the police chief there phoned Detective Chief Jerry Kinney today, after they abandoned a stolen Hudson automobile at Charleston, 111., when it ran out of gas. The car was stolen from J. C. Cappel, 657 E. Thirtieth St., Tuesday night, detectives learned. Local heirs of Robert Edwards, said to have owned property in New York City now worth billions, will meet at the Central library a week from Saturday at 1 p. m. to hear George E. Fleming, New York, attorney for the Edwards heirs, Elias Smith, local chairman of the heirs association announced. Fleming will speak this Saturday to Edwards heirs at Boonville, Ind. t Funeral Sunday for Lawyer By United Press DELPHI, Ind., Aug. 10.—Funeral serv.ces will be conducted Sunday for George W. Julien, 73, prominent attorney, •ty'ho died Thursday night. He had been an aathr. nm.il.ltam
THE INDIANAPOLIS TIMES
Held as Slayer
Russell S. Beitzel is held by Los Angeles police in connection with the murder of Barbara Mauger, 22, whese nude body, apparently dead three months, was found near that city. Police say that Beitzel and the girl lived together after a motor trip from Philadelphia, and that he killed her when he tired of her. Indianapolis Stocks —Aug. 10— Bid. Ask. smer Central Life 85c Belt R R & Yds com 68 70 Belt R R & Yds com 68 71 Central Ind Power Cos pfd ... 97% 101% Circle Theater Cos com 103% ... Cities Service Cos com 65 Cities Service Cos pfd 100 Citizen Gas Cos com 56% 57% Citizens Gas Cos pid 102% 104% Commonwealth Loan Cos pfd. .100% 103 Equitable Securities 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 58% 64% Indpls Si Northwestern pfd... 14 Indpls P Sc L 6% pfd 105 Indpls P & L 7s 97% 101% Indpls Pub Wei Ln Assn 47% ... Indpls St Ry Cos pfd 34% 355i Interstate P S C prior lien... 104% 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 6s 100 103 Northern Ind Pub S Cos 7s 109 Progress Laundry Cos com .... 32% ... E Rauh Si Sons Fert Cos pfd. 50 Real Silk Hos Cos pfd 74% ... Standard Oil of Indiana 75% ... T H I & E Trac Com 1 T H I <fc E Trac Cos pfd 14 . . T H Trac S; Lt 93 IPI Union Trac Cos cbm % Union Trac Cos Ist nfd 1 Union Trac Cos 2nd pfd % Union Title Cos com .. 80 Van Camp Pack Cos pfd 11 Van Camp Prod Ist nfd .... 96 101 Van Camp Prod 2d pfd...... 90 97 •Ex-divtdend. —Bonds— Belt R R & Stk Yrds 4s 89 Broad Ripple Trac. Cos 5s 75 Central Ind Gas 5s 98% ... Central Ind Power Cos 6s 102 ... Chi S B & N Ind 15 Citizens Gas Cos 5s ~103 106 Citizens St RR 5s 83% 87 Gary St Rv 5s 84 Home T & T of Ft. Wavne 65.. 103 Indiana Hotel Cos 65.... 101 Ind Northern Trac Cos 5S 4 Ind Ry Si Lt Cos 5s 98 Ind Service Corp 5s . 93 Indpls Power and Lt Cos 55... 99 100% Ind Union Trac Cos 5s 3 Indpls Col Sz So Trac 6s 99 102 Indpls Gas Cos 5s 101 104 Indpls & Martins Trac Cos ss. 30 Indpls Nor Trac Cos 5s 10 13% lifdpls Sc Northw Trac Cos 55.. 30 Indpls St Rv 4s 65 67 Indpls Trac & Term Cos 55... 94 95 Indpls Union Rv 5s 100 Indpls Water Cos Ist 5%s ....103 Indpls Water Cos Ist 5s 96 101 Indpls Wate. Cos 4%s 95 96 Water Works Sec 5s 96 99% Interstate Pub S Cos 4%s 88 Interstate Pub S Cos 5s 96% ... Interstate Put S Cos 6%s 101 N Ind Pub Str 5s 99 VT H I Si E Tri c Cos 5s 76 T H Trac Si L* Cos 6s 93 Union Trac of ind Cos 6s 11 14 —Liberty Bonds— Liberty Loan Ist 3%s 99.50 99.70 Liberty Loan Ist 4 1 4s 100.40 100.60 Liberty Loan 3d 4'is 99.90 100.10 Liberty Loan 4th 4%s .... 100.58 i00.78 U S treasury 4%s 110.40 110.60 U S Treasury 4s 105 58 105.76 U S Treasury 3%s 103 02 103.22 U S Treasury 3%s 98.40 98.60 Commission Row PRICES’ TO RETAILERS FRUITS Aoples—New fancy' Transparents, $2 basket: fancy barrel apples, seasonable varieties. $5.50, new fancy basket apples, seasonable varieties. $1.5001.75 crate. 40 lbs. Blackberries—s3, 24-qt. crate. Cantaloupes—Home grown, $1®1.15 flat crate. Cherries—Northern, $3.50, 16-qt. crate. Currants—s2.so, 16-qt. crate. Dewberries—s 2. 16-qt. crate. Gooseberries—lndiana. $5, 24-qt. crate. Grapes—California Malagas. $1.75 crate. Huckleberries Georgia, $7.50. 24-qt. crate. Lemons—California. $7.50518 crate. Limes—Jamaica. $1.7502.25, 100. Melons—Honey Dew, California, $4.7505. Oranges—California Valencias. $709.25 crate. Peaches—Southern. $1.75®2 crate. Pears—Bartlett, $2.75. Plums—California. [email protected] crate. Watermelons—Florida, 40060 c each. VEGETABLES Esans Home-grown stringless, $2.25 bu.; Kentucky Wonders. sl. Plums—California. $2®2.50 crate. Beets—Home grown. 35c doz. Cabbage—Home grown. $1.25 bbl. Carrots—Louisiana. 35c doz. Cauliflower--Home grown. $1.2501.75 bu. Celery—Michigan. $1.25 crate. Corn—Fancy home grown. 155125 c doz. Cucumbers grown, 50®75e doz. , Kale—Spring. 60c bu. Mustard—Fancy, home grown, 60c bu. Okra—Tennessee. $1 basket. Onions—Homo grown, green. 25040 c doz.; Kentucky yellow [email protected] bag; homegrown yellow, $1.25,50 lbs.; white, $1.50. Parsley—Home grown. 50c doz. bunches. Peas—New York. Telephone. $1.50512 bu. Peppers—Home-grown Mangoes, [email protected] bu. Potatoes—Virginia Cobblers. $2.75@3 bbl.; fancy home grown, $2.75@3 bu. Radishes—Hothouse, Button, 65c doz. bunches. Rhubarb—Home grown. 3Se doz. Spinach—Fancy home grown, $1.35 bu. Sweet Potatoes—s2.so hamper. Tomatoes—Southern Indiana, $1.50, 18 lbs. Turnips—New, $1.25 bu. MISCELLANEOUS Cider—s4.so 6-gal. case; $4.75 doz., %- Garlic—California, 20c lb. DO® COSTS TWO LIVES Master and Girl Die in Ocean Rescue Attempt. BULOGNE, Aug. 10.—A little dog, the property of Emile Crispon, recently cost two lives here. The dog was being swept out to sea by waves and his master, going to his rescue, also w&s over-powered, Mary Ledger, an English girl, went to the rescue of the man and died in 7 the attempt. FATE REPEATS TRAGEDY Girl Dies on Motorcycle on Same Road Where Fiance Was Killed. By United Press LONDON, Aug. 10.—Fate does strange things. About nine months ago the fiance of Constance Harris of Shalford met his death while motorcycling the Guilford-Horsham road. Recently, while enjoying the same sport, Constance was thrown from th ..a.. .r,rt
MARKET STRONG TO DIME HIGHER AT STOCKYARDS Some Hogs Go Up 10 Cents and sl2 Top Holds; Cattle Strong. Aug. Bulk Top Receipts 3. 11.005J11.55 11.65 5.500 4. 11.00011.85 11.85 2.500 6. 11.00 0711.85 11.85 5,000 7. 11.00fff11.85 11.83 7.000 8. 11.00 fa,11.75 11.75 6,500 9. ll.OOffi 11.95 12.00 4,000 10. 11.25® 12.00 12.00 4,500 With the top unchanged at sl2, high record for the year, hogs were strong to 10 cents higher at the Union Stockyards today. Receipts were light but slightly heavier than Thursday’s figures, estimated at 4,500. There were 599 holdovers. Material in the Tiulk weighing 160-275 pounds brought upward from $11.75. Cattle were strong; vealers steady and lambs weak in other divisions. The Chicago market opened 10@ 25 cents higher than Thursday’s best prices, with several loads of 170-230-pound weights going at [email protected]. Some strictly choice material was held higher. Receipts numbered 8,000. Lights and underweights advanced 25 cents in the local market while others went up about a dime. Heavy meat animals. 250-350 pounds, were sll 11.65, 5 cents higher on the top and material in the 200-250-pound class was up 5 to 10 cents at $11.60 @l2. Lights, 160-200 pounds, were priced at $11.85@12; 5 cents higher on the low' end, while light lights, 130-160 pounds solds for $U.25@ 11.75, evenly 25 cents higher. Pigs, 90-130 pounds, were up a quarter, selling at s9@ 10.75, and packing sows went at $9.50@ 10.75, up 25 cents on the top. Cattle and vealeres were- unchanged with the supply at 600 head in the former division and 700 in the latter. Quotations range as folow’s: Bes steers, $14.50@16; beef cows, $9 @11.50; low cutter and cutter cows, $5.25@7; bulk stock and feeder steers, sl6.sofffTß, and heavy calves, s7@ll. Sheep and lambs were steady to weak with 80 Oanimals in the pens. The top was down a quarter at $14.25, and bulk fat ambs brought sl3*? 14. Bidk culls sold for sß@ 10.50, and fat ewes, at [email protected]. —Hors— Receipts. 4,500; market, strong to higher. 250-350 lbs sll.oo® 11.65 200-250 lbs 11.60'a 12.00 160-200 lbs 11.85'/12.00 130-160 lbs 11.35*111.75 90-130 lbs. 9.004/10.75 Packing sows 9.50'y10.50 -CattlePacking SOWS 9.50ffT10.75 Beef steers $14,504/ 16.00 Beef cov.s 9.00ffzi1.50 Low cutters and cutter cows.. 5.250 7.00 Bulk stock and feeder steers. 8.00012.00 —Calves— Receipts. 600; market, steady to strong. Best vealers $16.50® 18 00 Heavy calves 7.00011.00 * —Sheep— Receipts. 700: market, steady. Top fat lambs $14.25 Bulk fat lambs 13 004114.00 Bulk cull lambs 8.004), 10.50 Fat ewes 4.50® 6.50 Other Livestock Bu United Press FT. WAYNE. Ind.. Aug. 10—Hogs—Receipts, 150; market steady to 10 cents higher; 90-110 lbs.. $9 50; 110-130 lbs.. $10.50; 130-140 lbs.. $11; 140-160 lbs., $11.35; 160-180 lbs.. $11.70: 180-200 lbs., $11.85; 200-250 lbs., $11.60; 250-300 lbs.. $11.50: 300350 lbs.. $11.35; roughs. $94/ 9.50: stags. $7 0 7.50. Cattle—Receipts. 125: calves, receipts. 73: market $17.50 down. SheepReceipts. 200. market, sl3 flown. Births Girls Earnest and Anna Whltsett, 35 S. Holmes. Wiliam and Viola Brower, 1053 S. Randolph. Frank and Bessie Beatty. 536 Leon. William and Lena Stoob, 60S Sanders. Girls Floyd Snd Esther Meurick, Coleman Hospital. Boys Rufus and Clara Jones. 541 N. Miley. John and Josephine Van Hock, 42'9 N. Dearborn. Edward and Lillian Gregory, Coleman Hospital. Leander and Esther Parker, 4077 Cornelius. Deaths Horace Leonard Nixo . 53, 110 W. Hampton Dr., acute cardiac dilatatlcn. Hadley George. 49, city hospital, chronic nephritis. Frank J. Picard. 64, 2338 N. Capitol, chronic myocarditis. Mary B. Floherty, 55, 403 N. Bosart, arteriosclerosis. Annie Hoffman, 72. Methodist Hospital, carcinoma. Thomas Harding, 5, 916 Pomroy, carcinoma. • Hattie Alice Means, 58, city hospital, cerebral hemorrhage. Charles J. Mohr 58, Christian Hospital, accidental. Grace G. Hatfield, 55, 24 N. Chester, carcinoma. Ann Atnsley. 75, 321 N. Oakland, carcinoma. Kate E. Bogren. 63. St. Vincent’s Hospital, chronic myocarditis. Harold Wm. Kennedy, 5, 2031 E. Washington, sarcoma. Building Permits Earl Cultica, dwelling, 4733 Hlnsley, $6,500. Rudolph Harele, steam heat, Forty-Fifth and Delaware, SI,OOO. Lester Rich, dwelling and garage, 5720 Broadway, $8,500. A. F. Hoppe, church, 810 Bradshaw, $15,000. Nathan Carrico, addition, 2710 N. Oxford, S7OO. D. Williams, reroof, 2318 N. LaSalle, $225. L. Y. Brlghlhome Company, dwelling, 1037 Belle Vleu, $4,000. W. A. Atkins,, addition, 37 Kentucky, S3OO. William Cooley, dwelling and garage, Sixty-First and Park, SIO,OOO. H. Fulflng. Jr., room, 2121 W. Washington. $4,000. E. Fuger, reroof, 104 Maple, $25. S. Tyrell, 'reroof, 130 S. Ritter, $217. Ethel Barckdall, reroof, 559 N. Oakland, $225. George Hagan, reroof, 3229 Roosevelt, $222. Henry Trimpe, reroof, 330 N. Highland, $255. G. A. Cultlce, garage. 4633 Hensley, S2OO.
W/ i OMPANV^
We Recommend City Trust Company SVz% First Mortgage Certificates City Securities Corporation DICK MILLER, President 108 E. Washington St
HEAVY LOSS FACED BY GRAPE GROWERS
By Times Special WASHINGTON, Aug. 10.—Prohibition which proved an unexpected boon to the grape growing industry of the United States, now has brought it face to face with serious economic grief, representatives of the United States Department of Agriculture said today. The industry, enormously expanded to provide materials for home wine making operations, faces the prospect this year of heavy losses on what promises to be a record-breaking crop, it was stated. For the country as a whole the estimated grape crop, according to a forecast issued today by the agriculture department, is 2,845,000 tons, an increase of approximately 15 per cent over the large crop of last year. In the East the crop gives promise of being approximately 50 per cent above normal. This supply, agriculture departARKANSAS TO VOTE ON EVOLUTION LAW Will Cast Ballots in First Case of Kind in November. By Times Special WASHINGTON, Aug. 10.—When Arkansas citizens go to the polls to cast their ballots for their favorite son for Vice President of the United States, they will be faced also with the task of registering their views on the subject of evolution. The first State referendum ever to be held on an anti-evolution law takes place in Arkansas in the November election. Fundamentalists claim to have secured 20,000 signatures to petitions bring it before the voters. The proposed act would make it unlawful for any teacher in a wholly or partially tax-supported school to “teach the theory that mankind ascended or descended from a lower order of animals,” and also bans textbooks containing this theory. NAB 3 FOR GAM ING Alleged Pool Seller Arrested in Police Raid. Ben Garwin, 42, of 354 Indiana Ave., was arrested on charges of keeping a gambling devise, selling baseball pools and unlawful possession of fire arms. The arrest was made by Sergt. Michael Morrissey and squad. Thomas Swift, Negro, 714% N. Senate Ave., was charged with gaming. Zdravko Kostich, 151 Bright St., was arrested in a raid on a poolroom at 444 W. Washington St., and is charged with keeping a gambling devise. The police squad, led by Sergt, Robert Woolen, found a large supply of records relating to baseball pools, and one dozen baseball pool tickets at the poolroom, they allege. MONEY TO LOAN MORTGAGES STATE LIFE Insurance Cos. ltM STATE LIFE BLDG.
FALL ASLEEP— amid cool, quiet surroundings
-get a fine Board the Chicago sleeper at ♦ n Boulevard Station—any time S after .9 o’clock in the evening it is ready for you. Enjoy the cool, pleasant surroundings and get a full-night’s rest Wake up in the morning in Chicago—refreshed and happy! Automatic block signals and Automatic Train Control protect you all the way. Do as most people do—take the
ment representatives said, will probably mean a heavy loss on the year’s operations for many grape growers. Added to the difficulties faced by the greatly expanded grape industry is an extraordinarily large stock of raisins, carried over from last year, which, according to some estimates is as much as 150,000 tons. FLOWERS m FLIER Six Planes to Strew Grave of Schneider. Flowers will be strewn over the grave of Albert J. Schneider, former World War and National Guard flier, Saturday afternoon from six airplanes in battle formation. The planes will be piloted by National Guard and Ft. Benjamin Harrison aviators. Services for Mr. Schneider, killed near Shreveport, La., Monday, when the plane in which he was spraying cotton fields crashed, will be held at 2 p. m. Saturday at the William E. Krieger funeral establishment, 1402 N. Illinois St. The Rev. Frederick R. Daries, Zion Evangelical Church pastor, will have charge. The body arrived in Indianapolis Thursday, accompanied by the widow, Mrs. Ida Schneider, and a brother, Louis Schneider. Lieut. Walter Peck, Schoen field commandant, will have charge of the planes. Three of the ships will be flown here from Camp Knox, Ky., where the 113th Observation Squadron, of which Mr. Schneider formerly was a member, is encamped. The other three planes will be from Ft. Harrison.
CHANGE of TIME LATER DEPARTURE EFFECTIVE SUNDAY, AUGUST 12 The Tippecanoe to Chicago Leaves Indianapolis 5:00 p. m. Leaves Boulevard Station . . 5:15 p. m. Arrives Chicago 9:40 p. m. Effective mm* date The Hooeier (No. 31) leave* Chicago 5:00 p. m.'Standard Time (6:00 p. m. Chicago Daylight Saving Time) and arrive* Indianapolis 9:45 p. m.
[MONON ROUTE]
CHICAGO, INDIANAPOLIS & LOUISVILLE RY. Whtn you traoml on th* MONON you are protected by Automatic Block Signals and Automatic Train Control All th“ Way (M9SI
[ MONPN ROUTE]
The Shortest Line to CHICAGO For tickets or reservations, phone Boulevard Station—Washington 0820 or FRANK V. MARTIN, General Agent, Passenger Department 114 Monument Place—Phone Lincoln 6404
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REALTORS LAUD SLACK:I PLEDGE COOPERATION! Board Adopts Resolution in Support of Mayor. I Commending Mayor L. Ert SlacM for his administration, members o{ the Indianapolis Real Estate Board* in session Thursday, adopted ai resolution to cooperate with Slack! in "keeping Indianapolis in the front rank of American cities.” The resolution was written on a card and signed by board members. It stated the realtors had “observed with pleasure the progress of the city government since Slack took office.” Another resolution was adopted approving of civil service examination for applicants for positions in the fire and police departments.
Excursion to Cincinnati Round JfcfZ Trip To Shelbyvills . .75 “ G~eensburg.. 1.25 “ Batesville ... 1.50 Sunday, August 12 ] Special train of all-steel equipment will leave Lidianapolis 7:00 a. nv. Central Time (8:00 a. m. City Time) J returning leave Cincinnati 7:15 p. m* Eastern Time, same date. t Tickets at City Ticket Office, 112 Monument Circle, 1 hone Klley 3322 and Union Station. BIG FOUR ROUTE
