Indianapolis Times, Volume 40, Number 73, Indianapolis, Marion County, 15 August 1928 — Page 10

PAGE 10

GENERAL MOTOR ISSUES RECOVER TUESDAY'S DIPS Stock Reverses Its Position but Chrysler Continues Active,

Average Stock Prices

Average of twenty industrials Tuesday Was 214.08. off 1.45. Average of twenty rails was 136.34. off .42. Average of forty bonds was 95.68. up .02. Bn I nit cii Press NEW YORK, Aug. 15.—General Motors reversed its position of Tuesday, recovering rapidly in the early Sto ik Exchar ,e dealings. It was a motor market. Chrysler again featured in activity, while a long list of other motor shares and accessories came into prominence on the upside. Dealings were somewhat more active. General Motors opened 2,500 shares at 17714 and 1771a, up % and 1, then rose to 179, up 2la from the previous close. Chrysler also had a split opening, 7,000 shares 98 to 97%, up 1%, later the issue holding around 97%. Packard was active and strong. Selling, ex-dividend 25 cents monthly payment, the issue touched 79%, a net gain of 2% points. Brockway Motor soared to anew high at 62, up 2 points. Briggs Manufacturing and Murray were active in the accessory group. International Nickel was a feature tof the metal group, spurting 2% to 9914 in active turnover. Kennecott held steady. Atlantic Refining continued to feature the oils, rising 3% points to 162%. Amusements were again active, with Warner Brothers Pictures A rising 214 points to 85. Paramount set anew record at 137%, up 214. Loew’s was fractionally higher. Describing the market, the Wall Street Journal’s financial review today said: „ “Stocks were in good demand in the early dealings, reflecting optimism created by reports from business and industrial centers. On top of the rapidly increasing production in the steel industry came news of good gains in freight car loadings during the week ended August 4 over the previous week and the 1927 week. “This indication of healthy expansion in major lines stimulated brisk advances in various speculative issues.” Call money eased to 6 per cent around noon, stimulating further the buying movement on the Stock Exchange. Activity continued in Chrysler and General Motors, while large gains were made in other leaders. Kennecott Copper spurted to 96%, up 1% from the previous close and within a small fraction of its high for the year. Buying in the issue was stimulated by action of the directors today in placing the stock on a $6 annual basis.

Aim IELEPHOfiE UNO iELEGRAFiI COMPANY 156th Dividend Jhj-. vh The regular quarterly n f) dividend of Two Dollars and Twenty-Five Cents * ($2.25) per share will be paid on October 15, 1928, to stockholders of record at the close of business on September 20, 1928. r H. ELAIR-SMITH, Treasurer.

MONO TO LOAN —OH—MORTGAGES STATE LIFE Insurance Cos. UM S7TAXB UX7H BX.DO.

@ In addition to the $800,000,000 assets of the Cities Service organization funds invested in this concern have the protection of both geographical and industrial diversification. The organization serves 3,700 communities in 33 states, and its profits accrue from three great industries Electricity, Gas and Petroleum. , i

HENKY h. DOHEKTI & CO. 428 Merchants Bank Bldg. T. 815 I Send me booklet "TFO—IX3” de- I scribing the investment possibii- • Ities of Cities Service Securities. | Name I V Address W ■■"""!

New York-Stocks (By Thomson & McKinnon > —————

1 —Aug. 15— Prev. Railroads — High. Lon - . 12:00. close. Atchison 189 188 189 188 Afcl Coast Line 163 Balt & Ohio 10514 ... 105 105 Canadian Pac ..202% ... 202% 202 3 4 Chesa & Ohio.. .180% ... 180% 180% Chi & Alton 15% Chi & N West.. 80 ... 80 80’, Chi Grt West.. 12% - ... 12% 12% C R X & P 116 ... U 6 H 6 Del & Hudson. .186% ... 186% 186 Del & Lacka 130% ... 130% 130 Erie 51% ... 50% 50% Erie Ist pfd.... 56% ... 56% 56% Grt Nor pfd 95% 111 Central W'/a Lehigh Valley.. ... ... ... . §9 Kan City South 47% ... 47% % Lou & Nash 141 ... 141 142 MK & T 36% 35% 36% 35% Mo Pac pfd 114% ... 114% N Y Central 161% ... 161% 161% N Y C & St L 124 V NY NH & H 56 55% 56 55% Nor Pacific 95 Norfolk & West }‘B% Pere Marquette 127% Pennsylvania ... 63% ... 6314 63% P & W Va 139 Reading 99% 99% 99% Southern Ry 146 Vs ... 146% 146% Southern Pac ..119 ... 11? 119 St Paul 35% 35 Vi 35% 34% St Paul pfd 46% 46 46% 46 St L& S W.(... 91% 91% ?1% 90 St L & S F....112 ... 112 1127s Texas & Pac....'.. ... .... log Union Pacific . .192,% 192% 192% 192% West Maryland. 43% 42% 43 42 Wabash 73 ... 73 74% Wabash pfd 9% Rubbers— A tax 8% ... 8% 8% Fisk 9% ... ?% ?% Goodrich 73% ... 73% 74 Goodyear 52% Kelly-Spgfld .... .. ... .•• 18% Lee 19 ... 19 19 United States .. 31% ... 31% 3174 Equipments— Am Car & Fdy.. 90% ... 9G 90 Am Locomotive. 90% ... 90% 90 Am Steel Fd.... 5174 ... 51% 51% Am B Shoe 40% ... 40% .12!? General Elec ..14874 i47% 148% 147% Gen Ry Signal.. 967* 96 9674 '96 Lima Loco 42 N Y Airbrake 41% Pressed Stl Car ■ 22% Pullman 79 ... 78% 79% Westingh Air B. 43% 43% 43% 43 Westingh Elec .. 94% 9374 34 94% Steels— Bethlehem 56% 56% 56% 56% Colorado Fuel .. 59% 59 5974 5974 Crucible 72 Gulf States Stl.. 6374 ... 6374 6374 Inland Steel .... 59 ... 59 59 Phil RC&I 2874 Rep Iron & Stl.. 62 61% 62 62% Otis Steel 22% ... 2274 22% U S Steel 143% 142 Va 143% 14274 Alloy 32% 3272 3274 3274 Youngstwn Stl ... 87 Vanadium Corp. 7074 78 74 70 74 70 7 4 Motors— Am Bosh Mag... 32 74 ... 32 74 32 74 Chandler 22 ... 22 2274 Chrysler Corp .. 98% 97 98 96% Conti Motors ... 1174 1174 1174 117s Dodge Bros 1974 18% 19 1974 Gardner : 974 ... 974 974 General Motors. 181% 177% 18174%17674 Hudson 7874 76% 7874 76% Hupp 61 58% 6074 5874 Jordan 9 ... 9 974 Mack Trucks ... 8974 8874 8 9 88 74 Martin-Parry 17% Moon 774 7 >4 774 7'4 Nash 86% 857a 8674 86 Packard 8074 78 % 80 77% Paige 3 4 32 74 3 4 32% Peerless 16% Pierce Arrow ... 137* ... 1374 1 3 Studebaker Cor.. 73 70% 73 7074 Stew Warner ... 90 ... 89% 89% Stromberg Carb 49 Timken Bear ...126% 124 12574 125% Willys-Overland . 21% 2174 21% 21% Yellow Coach ... 31*4 ... 31 74 31% White Motor ... 37% 3774 3774 3674 Mining— Am Smlt & Rfg.2ol 19974 201 1997, Anaconda Cop .. 66 6474 65 74 64 % Calumet & Ariz 95 Susf 0 Pasco -- 77% 76 7774 76% Chile Copper ... 43 74 ... 43 74 43 Greene Can Cop.loo 9774 100 98 Inspiration Cop. 20% 20 20 74 20 74 Int Nickel ...... 99% 97 74 9 9 96% Kennecott Cop.. 95% 9474 95 94% Magma Cop 48% . 4*l, iga? Miami Copper .. 20% 20% - 20% 30% Texas Gufi Sul.. 67% 67% 67% 67% U 46% ...‘ 46*4 46 Atlantic Rfg ....164*4 160 163 isqs;, Barnsdall 24% ... 24 241' Freeport-Texas . 60% ... 60*4 60>* Houston Oil ... 139% 138 74 1991,f Indp Oil & Gas 26% 26% 26% *26% Marland OH ... 38 37% 3774 777/ Mid-Cont Petrol. 30 .f 1 * g* Lago Oil & Tr.. 7, * Pan-Am Pet 8.. 42% '42% 'iia: Hi/ Phillips Petrol.. 40% 40*4 40% 40^* Pro & Rfgrs.... 22% 223: 071/ Union of Cal... 51 56% 51 7? Pure Oil 22% * 973/ ShJn 1 DutCh ••• 57 % •” 57% 56% ia,-PiiM.v ** ”* ” Ia IS‘ r oS" 3J!i '* ’ j} Std Oil Ca 1.... 571/2 571? ?1 7/ std Oil N J.... 45% '45 4 5! /b Std Oil N Y..... 35% 35*4 35% 7si< Texas Corp 62 61% 61’i il* Transcontl .... 774 7% 75? Richfield 46% '44 ,7 .L? Industrials— 8 46 4 45/8 Adv Rumely ... 41% 41 411/ .... Ais Chalmers:. . . 41 ‘ ,12i? Arm e o d u? h i ml . Ca l; 177 4° ; pfd 94% ' ii% 941/8 B Am Radiator.... /? Am Linseed 116 inqsi Am Safety Raz.. ” 109 * 1 2?;? Amer Ice 43 ’421/, ‘ii Amer Woolen .. 16% . . ?% f2-? Coca Cola f 16/8 Conti Can ii 2% iii% iig n, 4 BS?fts m 221/8 22 22% ~ urlS 100 ... 100 inn Ravison Chem .. 5074 50 50% 50% Dupont 361 % 361 9rii 4 Famous Players 137% 135’/, 137 " 1351' 8 Gen Asphalt 7374 73 731/, 771? Int Bus Mch . .120% ... 119 * 1 % /x Int Cm Engr.... 57% 571/, l il 1/ Int Paper ... 68 ii 2 H /2 Int Harvester. . 68 Lambert 10574 ios 105*4 Loews 54% 54% 54% 53% Kelvinator 9 3 / 4 q 3 ,? Montgom Ward 193% iat% 191% i 8 7% Natl C R 67% 67 if Pttlsburfc Caol 48*% 48% 4a*4 Owens Bottle ... 77 77 S' J RSußiS??..::::”* !” ,/a *B* Union Carbide...ls9 157 158 156% Victor* ath 431/8 43% 43 ’ XfOtor 9374 ... 93% 93*', Warner 8r05.... 85% 83% 84 82% U S Ind A1 113 ill 113 I,;,? Wright 151 146% 150 148 Woolworth C0..182*4 ... 18274 18174

Prepare for a Sunny Future TS that momentary impulse—that fleeting whim—worth the cost if it is bought at the expense of future safety and contentment ? Only by spending less than you make can you ever really hope to get anywhere. The cleslr, certain way of making your efforts count is to make your dollars count by investing them in enterprises of seasoned merit and indisputable strength. Cities Service Company is such an organization. Eighteen years of growth are behind it, in which time it has paid dividends totalling over $95,000,000 in cash and securities to holders of its common stock. HENRY L. DOHERTY & CO. 438 Merchants Bank Bldg. Branch Offices in Principal Cities.

Utilities— AM T & T 174 . 174 174*4 Am Epx ' 186 Am Wat Wks 57 Brkly-Manh T.. 64% ... 64*4 64% Col G & E 114% 114 114*4 112*/2 Consol Gas 145 144% 145 144 Elecm P & Lt... 33% ... 3374 34 Nor Am Cos 71% ... 71% 70% Natl Power 32 ... 32 32% Pub Ser N J... 54% 54 54*4 54 S Cal E 46% ... 46% 45*2 Std Gas <fc El.. 64 63% 64 63% Util Power 38 W U Tel 143 ... 142 142% Shipping— Am Inti Corp... 95% 93 95*2 93% Am S & Com 354 Alt G & W 1 49 Inti M M pfd 34% ... 34% 34% United Fruit 135 ... 136 135 Foods— Am Sug Rfg 69% ... 69*e 69% Beechnut. Pkg 74*, California Pkg 70% Corn Products .. 78% 77% 78 77% Cuba Cane Su p 17% Cuban Am Sug(. 17 ... 17 17 Cudahay 7174 ... 71% 71% Flelschmann Cos. 69% 697's 69% 69% Jewel Tea 120 119*/2 120 119% Jones Bros Tea 27% Natl Biscuit 165% Nat Dairy 817, 80% 81% 81% Postum Cos .... 64% ... 64% 647, Ward Baking 8*17% ... 1774 17% Tobaccos— Am Sumatra ... 65% 65% 65% 65 Am Tob B 158 V, ... 158% 159% Con Sigars .... 90 89% 90 90 General Cigar .. 60% ... 60% 60*4 Lig & Meyers.. 86% ... 86*4 87% Lorillard 28% ... 28% 28% R. J Reynolds.. .132% 132 132% 132 Tob Products B. 94 ... 94 94% United Cigar St 237, ... 23% 237, Schulte Ret Strs 60 59% 60 64 74 Kroger 106

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $4,116,000. Debits were $7,587,000. NEW YORK STATEMENT Bill'll it id Press NEW YORK. Aug. 15.—Bank clearings today were $922,000,000. Clearing house balance was $99,000,000. Federal reserve bank credit balance was $88,000,000. CHICAGO STATEMENT Bn tinted Prrsn CHICAGO, Aug. 15.—Bank clearings today were $108,000,000. Clearing house balance was $7,500,000. TREASURY STATEMENT Bn United Press WASHINGTON, Aug. 15.—The treasury net balance for August 13 was $29,395,370.07. Customs receipts this month to August 33 were $22,238,235.19. FOREIGN EXCHANGE Bp T inted Press NEW YORK, Aug. 15.—Foreign exchange opened steady. Demand sterling. $4.84%; Francs. 3.90%, up 00 1 -16 c: lira. 5 22%c; belga. 13.89*2. off .00 74c: marks. 23.81 c. up ,01c..

In the Stock Market

IBy Thomson &; McKinnon) NEW YORK, Aug. 15.—Although industrial news is in limited supply, it is constructive. Today’s car loading report shows good progress, there is another steel merger and oil production is declining from a trading standpoint, however, the announced plans to segregate the investment holding of the Allied Chemical is likely to traders’ imagination. In connection with decline of call money rates, today’s denial that the reserve banks are buyers of bankers acceptance removes the Idea that any change of policy is taking place. That brings us to the point where it seems still advisable to regard tfie current case in call money as being of temporary character only and to continue the belief that it is hardly judicious to extend long accounts.

Births Fred and Dorothy Miller, 4506 Royal S^* r „ a nd. and „ A “be Price. 1953 Ralsfon. Hospfta? and Marie Burlt hart. Christian w, , !iL a o d rf M * rgar i t ®? Ie y> 1425 Ashland. Walter and Mary Brvdon. 1214 St. Peter an . d Blanche Eggers. 1636 Kelly. Frederick and Hattie Smith. 1127' S Kicniand. Leo and Hazel Connughton. 267 lowa. Girls Cyril and Mabel OaskiU. 2702 N. Adams Earl and Flora Emmert. 1033 N. Haugh. Deaths George Washington Dilts, 76. Methodist Hospital, septicaemia Catherine Parsons, 84, 1820 N. Illinois Horace A. Stout. 63, Christian Hospital, acute myocarditis. Rose E. Rice 36. 711 E. Forty-Ninth, chronic myocarditis. John Stoudt, 4 mo., city hospital enteritis. Catherine E. Schultz. 48, 2824 Cornll pernicious anemia. Mary Beatrice Kreinhagen. 4. 2022 English. gastro enteritis. Peter F. Hill. 63. 443 N. Bevllle. carcinoma. Frank Malfa, 43. 18 N. Linwood. sarcoma. Leslie V. Collier 32. 1300 Fletche.r. myocarditis. J Charles Wesley Edmonds, 1 da, 1945 Sheldon, pulmonary embolism. Eugene Reid. 22, Christian Hospital acute dilatation of heart. Mary Ellen Calhoun, 53, 2542 N. Delaware, cardiac insufficiency. Jennie C. Breeden. 72. 2123 W. Morris, chronic myocarditis. James Nord, 75, Van Camp Packing Company apoplexy. John Hohnstreiter. 46, city hospital, lobar pneumonia. Wood Porter. 43, 605 Douglas, lobar pneumonia. Carl F. Rogers. 55, 40 N. Bolton, coronary thrombosis.

Mollle Alwilda, 75, Methodist Hospital, diabetes mellitus.

THE INDIANAPOLIS TIMES

PORKERS CLIMB

50 CENTS; TOP PRICEJITS sl3 Hogs Advance $1.25 in Week, With Continued Low Receipts Here. Aug. Bulk. Top. Receipts. 8. 11.00® 11.75 11.75 6,500 9. 11.007(1 11.95 12.00 4.000 10. 11.25® 12.00 12.00 4,500 11. 11.257H2.15 12.25 4.000 13. 11.25<3>12.25 12.25 4.000 14. 11.504112.40 12.50 6 000 15. 12.35®. 12.90 13.00 4,500 Hogs soared 25 to 50 cents on the hundredweight to a top price of sl3 at the Union Stockyards today with continued low receipts. The recent advance has brought the top from $11.75 last Wednesday to sl3 today. The best price a year ago today was $11.50, with 7,000 animals. Receipts today were 4,500 and there were 190 holdovers. Material in the bulk, weighing 150-285 pounds, sold for $12.35 @12.90. Beef steers were weak and the stock strong in the cattle division, while other material was unchanged. The Chicago market was slow and 10 to 15 cents higher than Tuesday’s best prices, a few loads of choice 180-240-pound weights going for $12.40@ 12.65. The top was a quarter under the local market at $12.75. Receipts numbered 10,000. Heavy butchers, 250-350 pounds, sold for $11.7512.40@, 35 to 40 cents higher on the local market, while material in the 200-250-pound class brought $12.35@ 12.90, up 45 to 50 cents. Lights, 160-200 pounds, were up evenly 50 cents to $12.751/13, and light lights, 130-160 pounds, brought $11,851*12.50, 35 to 50 cents higher. Pigs, 90-130 pounds, advanced 50 cents to $9.50@ 11.25, and packing sows were up a quarteer to $10.25 @11.25. Beef steers were weak and she stock was strong in the cattle division, with the supply up to 1,400 head. Steers were $13.50@ 16.25, off 25 cents on the top, while low cutter and cutter cows advanced a quarter on the high end to $5,501* 7.50. Beef cows were unchanged at $9 @11.50, as were bulk stock and feeder steers at $8 @l2. Vealers were unchanged, with the best bringing $16.501/17.50. and heavy calves. s7@ll. There were about. 700 animals here. Sheep and lambs sold at steady 1 prices with 1,400 animals in the Pens. The top was sl4 and bulk fat' lambs sold for $12.75@ 13.50. Bulk cul's were sß@ 10.25, and fat ewes, $4.50i/ 6.50. -Hnn-**%<-4iDts. 4.500; market, htcher I JSA-SJJJ lbs jm ry., je 40 900-250 lbs 19 35® 12 90 160-200 Ibs 12 756113 on I 130-160 lbs 11 R 5 4V 19 50 ! 90-130 lbs 9 .404 11 ’s I Packing sows 10 254(11 25 —Cattle— Receipts. 1.400; market steady to irregular. ! Beef steers '..513.50® 16.55 Beef cows 9.0047 11 50 I low cutters and cutter cows . 550 4? 750 Bulk stock and feeder steers. 8.004U2.00 —Calves— Receipts. 700: market, steady.Best vealers $16.5041 17.50 Heavy calves 7.00® 11.00 —Sheep— Receipts. 1,400: market, steady. Top fat lambs $14.00 Bulk fat lambs 12 75® 13.50 Bulk cull lambs B.oo® 10.25 Fat ewes 4,50® 6.50

Other Livestock tlj t lilted Picks < • Au 2 15. —Hogs—Receipts. 10.000: market, fairlv active, mostly 15 ft 25c higher than Tuesday's average; top. 512.80. paid lor choice 180-220-lb. weightsbutcher, medium to choice 250-350 lbs , $11.856, 12.55: 200-250 lbs. 511.856, 12.80 160-200 lbs.. $11.60 12.80: 130-160 lbs. sll v> 12.65; packing sows, $0,356, 11.50: pins, medium to choice 90-130 lbs.. $10,506, 12. Cattle—Receipts, 10.000; calves. 3,000choice steers and yearlings in lair demand, fully steady at $15,756, 16.50; others very draggy; she-stock slow, tending lower; bulls steady: vealers fully steady; slauehtej class steers , good and choice 1.3001 500 lbs.. 514.15016.50; 1.100-1,300 lbs., 514.75a 16.7a; 950-1.100 lbs.. $14.35 ' 16.90; common and medium, 50 lbs.. s9a 14 35ted yearlings. good and choice 750-950 lbs.. $14.35,;, 16.85: hiefors. good and ■choice. 50 lbs. clown, $14.10 „ 16.65; common and medium. $8.50f, 14.35; cows, good and choice. $9,506, 13; common and medium. $7.756, 9.50; low cutter and cutter cows. $6.250,7.75; bulls, good and choice, beef, $9.75c 11; cutter to medium. $7,250 9.75; vealers milk fed. good and choice, $l6O 18; medium. $l3O 16; cull and common. sßa 13; stockers and feeder steers, good and choice, all weights. $11.75ft 13.75common and medium. [email protected]. Sheep —Receipts. 12,000; aside from little better activity on few outstanding natives to outsiders. slaughter lambs little changed; sharply decreased on both natives and westerns; native sheep teady: feeding lambs unchanged; spots, sls up: lambs, good and choice 92 lbs. down. sl4@ 15.15; medium. $12@14; cull and common. $8.25 6,12; ev.es, medium to choice 150 lbs. down. $4.5007.50; cull and common, $1.75 6,5.50: teeder lambs, good and choice. $13,650 14.25. Bp Times Special LOUISVILLE, Aug. 15.—Hogs—Receipts, 700; market 25c higher: heavy and medium hogs. 180 lbs. up. $12.50; pigs and light 180 lbs. down, $8,506,11.10; stags and throwouts. $9.406710. Cattle—Receipts, 200; market steady; prime heavy steers, $13.50 r„ 15: heavy shipping steers. 512.50 ft 13.50; medium and plain steers, $lO6/12.50; fat heifers. s7.soft. 13.50; choice cows. $8.506,, 10.50; medium to good cows. $6.506,8.50cutters, $5.50ft6.50; canners. $56,5 50buns. $6<T,9; feeders, $96,11.50; stockers’, SB6, 11.25. Calves—Receipts. 200; market steady; good to choice, sl3ftls; medium to good, $116,13: outs. sll down. SheepReceipts. 1.200: marke steady; lambs $12,506,13: choice. $13.50; seconds, $86,8.50sheep. $46,6: bucks. s3ft 3.50. Tuesday's Shipments—Cattle. 156: calves, 337; hogs 317; sheep, >,044. 8 ’ Bu United Press EAST BUFFALO, Aug 15.—Hog—Receipts, 900: holdovers, 500: market, 256,50 c higher: 250-350 lbs.. $12,356, 12.90; 200-250 lbs., $12.9061.13.25; 160-200 lbs.. $136,13 25-130-160 lbs., $12,656, 13.25: 90-130 lbS.’ sl2 406, 13.10; packing sows. $10.5061 1L Cattle—Receipts. 75. Calves—Receipts, 100 market vealers. 50c up; beef steers. sl2 50 s' earlin ß steers and heifers. sl4<g 16.75: beef cows. $8,256, 10.25; low cutcult.er cows , $5687.25; vealers. $186518.50. Sneep—Receipts, 100; market steady; bulk fat lambs. $14.25—14.75; bulk cuU lambs. $9.25® 11; bulk fat ewes, $5.50 Bp United Press CLEVELAND. Aug. 15— Hogs—Receipts. S-,J nar -, e iw 2:, ''' 3sc up: top. $13.10; 250330 ‘fcA- A l 2- 12 " 75: 2<X>-250 lbs.. $12.7568 lbs - sl3 '" 13-10: 130-160 lbs . $12,756, 13.10; 90-130 lbs.. $12.75 64,13; pack•u gsows. $106i;11.75. Cattle—Receipts, 550: calves. 300: market, vealers. 50c up; beef steers. $1165.12: beef cows. $7,256,9; low cutter and cutter cows. $5.5006.75; vealers. $16.5065 19.50. Sheep—Receipts 600: market, steady: top fat lambs. $14.25; bulk fat lambs. sl4® 14.25; bulk cull lambs [email protected]; bulk fat ewes. ss@7. Bp United Press TOLEDO. Aug. 15.—Hogs—Receipts. 250; market, steady to 25c up; heavies. $1261 12.25: mediums $125506, 12.85; Yorkers $12.5065 12.85: good pigs. $126, 12.50. Cattle —Receipts, 200; market, slow. Calves, light: market, steady. Sheep and lambs, light; market, slow. HOMESICK; KILLS SELF Bp United Press PIKESVILLE. Ky., Aug. 15.—Appirently despondent over his failure to save enough money, after a long privation, to take him back to his home in Hungary, Louis Sansilo, 64, a miner, tied dynamite around his body, rigged up a battery connection and blew his body to bits. A note on an old envelope was found saying, “Good-by, America. Good-by, all.”

Pivot Witness

's^

Mrs. Mary Switzer (above), believed to be the pivotal witness and to hold the key to the entire story of the events leading up to the “society murder” of Mrs. Myrtle Melius, her closest friend, has come forward to tell Los Angeles police her story. Leo P. Kelly, with whom Mrs. Melius is said to have been friendly for five years, is under indictment for the crime.

Indianapolis Stocks

—Aug. 15— _ . . _ Bid. Ask. 4mcr Central Life 850 Beit R R & Yds com 66 71 Belt RR & Stkvds pfd 59 % 63 Central Ind Power Cos pfd .... 97% 101* a Circle Theater Cos com 103% ... Cities Service Cos com 65% ... Cities Service Cos pfd 100 Citizen Gas Cos com 56*i 57% Citizens Gas Cos pfd 102'3 103% Commonwealth Loan Cos pfd. 100% 105 Equitable Securities Cos com.. Hook Drug Cos com 32% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 100 Indiana Service Corp pfd .... 90 Ind’anapolls Gas Cos com 59% 64*.i Indpls & Northwestern pfd... 14 Indpls PAL 6%s pfd 104 105 Indpls P & L 7s 98 101% Indpls Pub Wei Ln Assn .... 47Vj Indpls St Rv Cos pfd 34*2 35% Interstate PS C prior lein 103*3 107 Interstate P S C 6s pfd 92 98 Merchants Pu Util Cos Did .. 101 Metro Loan Cos 8s 100% 105 North Ind Pub Scrv Cos Rs. ...100 103 Northern Ind Pub S Cos 7s 108 Progress Laundry Cos com ... 32>/ ... E Rauh 4 Sons Fert Cos pfd. 50 Real Silk Hos Cos pfd ... Standard Oil of Indiana 75 T H I & E Trac Com 1 T H I & E Trac Cos pfd 14 T H Trac & Lt 93 101 Union Trac Cos com % Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 80 Van Camp Pack Cos pfd 13 Van Camp Prod Ist pfd .... 96 101 Van Camp Prod 2d Dfd 90 97 •Ex-ditldend. —Bonds— Belt R R & Stk Yrds 4s 89 Broad Ripple Trac Cos 5s 75 80 , Central Ind Gas 5s 98 Central Ind Power Cos 6s 101'2 Chi S B & N Ind 15 Citizens Gas Cos 5s 103 104 Citizens St RR 5s 83% 87 Oarfy St Rv 5s 84 89 Home T & T of Ft Wayne 65. 102 Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 4 Ind Ry & Lt Cos 5s 98 101 % Ind Service Corp 5s 93 96 Indpls Power and Lt Cos 55... 99 100% Ind Union Trac Cos 5s 3 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 & Nortl.w Trac Cos 55.. 30 Indpls St Rv 4s ~. 64% 65% Indpls Trac & Term Cos 5s .. 94 95 Indpls Union Ry 5s 100 Indpls Water Cos Ist 5%s 103 104% Indpls Water Cos Ist 5s 96 Indpls Water Cos 4*.is 95 96 Water Works Sec 5$ 95 99'fc Interstate Pub S Cos 4%s .... 88 91 Interstate Pub SCo 5s 95% 98 Interstate Pub S Cos 6%s 101 N Ind Pub Ser 5s 99 101% T H I & E Trac Cos 5s 76 T H Trac & Lt Cos 5s 93 ... Union Trac of Ind Cos Cs 11 14

Produce Markets

Butter (wholesale price) No. 1. 48®49c; No. 2. 46® 47c lb. Butterlat ibuyinc price*—46@47c lb. Cheese (Wholesale selltna once.- per Doundi —American !ocf 36c: pimento loaf. 36c: Wisconsin flat. 29c: prime cream 32© 34c: flat Daisy 27c: Lonehorn 27c: New York Limbergcr. 30c. Ezgs— Bn’ins oricps Fresh dellvereo at Indianapolis, loss oil. 26® 28c doz. Poultry (buying prices*—Hens. 20®22c; Leghorn hens. 14®i5c 1928 spring large breed, lbs. and up. 28®30c: 1%®1% lbs., 24025 c: Leghorns, 23025 c; old roosters, large. ll12c: small. 10c: ducks 10c; geese. 8c: guineas, young. 50c: old 35c.

Commission Row

PRICES TO RETAILERS FRUITS Apples—New fancy Transparents, $2 basket: Duchess. 51.50671.75; fancy barrel apples, seasonable varieties, $5.50; new fancy basket apples, seasonable varieties, $1.506, 1.75 crate. 40 lbs. Blackberries—s3, 24-qt. crate. Cantaloupes—Home grown. [email protected] flat crate; $2.25 large 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, $7.50@8 crate. Limes—Jamaica. $1.756,2.25. 100. Melons—Honey Dew. California. $4.75@5. Oranges—California Valencias. $7<&9'.25 crate. Peaches—Southern, $1.7502 crate. Pears—Bartlett. $2.75. Plums—California $2672.50 crate. Watermelons—Florida, 40,060 c each. VEGETABLES Beans Home-grown stringless. $2.25 bu.; Kentucky Wonders. $1641.25. 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 Jiome grown, 15@25c doz. Cucumbers grown. 50@75c doz. Eggplant—s2.so@3 doz. Kale—Spring. 60c bu. Mustard—Fancy, home grown. 60c bu. Okra—Tennessee. $1 basket. Onions—Borne grown, green, 25@40c doz.; Kentucky yellow, $2®2.25 bag; homegrown yellow, $1.25, 50 lbs.; white. $1.50. Parsley—Home grown. 50c doz. bunches. Peas—New York. Telephone. $3.50 bu. Peppers—Home-grown Mangoes. [email protected] bu. Potatoes—Virginia Cobblers. $2.75@3 bb!.; fancy home grown. $2.75@3 bu. Radishes—Hothouse. Button. 65c doz. bunches. Rhubarb—Home grown. 35c doz. Spinach—Fancy home grown, $1.35 bu. Sweet Potatoes—s2.so hamper. Tomatoes—Southern Indiana, $1.25, 18 lbs. Turnips—New. $1.25 bu. MISCELLANEOUS $4.50 6-gal. case: $4.75 doz.. Vs-Garlic-l-Californla. 20c lb. Building Permits 6U5 dwelllnß and Baraf!e ’ C. Binkley, dwelling and garage. 5830 Washington Blvd., $12,000. C. E. Conner, dwelling and garage 2627 Boulevard PI.. *.5.000, R. Gertchen, garage. 1154 Glmber. $526. C. Duhanell. repair. 3603 E. Walnut. **,ooo. H. Kleifgen, repair. 4404 E. Tenth. SSOO. B. Henson, reroof. 3860 College. $250. J. Caito remodel. 426 S. New Jersey, 2.500. , W J. Faust, dwelling. 827 N. Gladstone. 3,000. A. Scandand. station, 2442 South State, $3,500. *. l i7, Haze<3el! ' s ara ßc. 731 S. Meridian $1,200. P. D Salmon, repairs. 608 N. La Salle. S3OO. J. T. Meyer, garage. 47 Schiller. $231. G. Roberg. steam heat. 2930 N. Capitol, $970. W. A. Davin, garage, 1322 Parker, $325.

WHEAT FUTURES SLIGHTLY DOWN IN CHICAGO PITS September Corn Weak, but Other Deliveries Rose; Oats Lower. BiJ United Press CHICAGO, Aug. 15.—Wheat prices today reacted from Tuesday’s sharp advance, all deliveries going fractionally lower. September corn was again weak, but the other months made moderate gains. Oats was slightly lower. Wheat opened % to 7 i cents off, corn ranged from % off to Vi cents up and oats was unchanged to Vs cent off. Provisions were about unchanged. Frost reports from parts of Alberta were responsible for Tuesday’s sharp gain. Temperatures in Canada end the Northwest were again low today, but no damage was reported. Export trade Tuesday was estimated as high as 1,250,000 bushels. Corn responded only moderately to the strength in wheat. Rain is’ needed in Nebraska and the Dakotas, but other parts of the belt are doing well. Liquidation and hedging pressure sent oats to new low prices early Tuesday with only a slight rally later. Chicago Grain Table WHEAT— ~ Aug - ‘ IS— Sept 1.13% 1.11% 1.12% 1.13% Dec 1.18*2 lie 3 , 1.17% 1.18% M 1,25 1 23 1 24 1,24:> * Sept 88% .85% .87 .88', Dec 74% .73% .74% .73% March 77*, .76 .77 .76% OATS— 4 Sept 36% .36% .36% .36% Dec 40% .39% .39% .40*6 Sept .96 .94% .95 .96 Dec. 98*', .97 .97% .98% M lari>ll 101 100 1 00% 1.00% Sept 12.47 12.20 12.35 12 45 Oct 12 60 12.32 12 40 12.60 Dec 12.75 12.42 12.52 12.70 J ab- . • ..•. 12.90 .... 12.72 12.90 SaP l 14-20 41.20 14.20 ° ct .... 13.85 Bn Times Special CHIOAGO, Aug. 15.—Carlots: Wheat. 156' C ° rn ' 33 ' oats ‘ 331: ry e. 8; barley. FIRM INSURES DAYLIGHT Buys $14,000 Lot to Guard North Exposure. “Daylight insurance” in the form of a sl4 o*o r eal estate purchase, was taker cv by the Herff-Jones Company n -.rnfacturing jewelers on the h..n floor of the Jackson Bldg., 1421 N. Capitol Ave. Through Moore & Fox, realtors* the Herff-Jones Company bought a property adjoining the Jackson Bldg., on the north, at 1425 N. Capitol Ave, to insure nothing would be constructed there to obstruct north light from entering the fifth floor windows of present quarters. The property fronting sixty-one feet on Capitol Ave., and 208 feet deep, was bought from the Rybolt Heating Company. A single residence now stands on the lot. BARRED DANCERS ANGRY Marathon Group May Fight Official Ban at Evansville. Bn United Press EVANSVILLE, Ind., Aug. 15—A group of marathon dancers today planned to resist an order of Chief Probation Officer Adolph Stallman, banning them from the dance floor because they were under 18 years of age. The group was banned after dancing 234 r hours. After leaving the floor they returned with an attorney and planned to go nto court to test the authority of tl\e probation officer.

TEX GUINAN IN FILMS Night Club Queen Will Star in Movie of Bright Lights. NEW YORK, Aug. 15—Texas Guinan, queen of the New York night clubs, will appear in that role in anew motion picture to be produced by Warner Brothers. The filming of “Tne Queen of Night Clubs” will begin in Hollywood late in September. Marriage Licenses Rayoul Hurtz, 23, of 250 N. Capitol Ave professional boxer, and Audrey Burke 22 of 962 Hosbrook Ave., governess. Roy Albert Gibbs, 25, of 702 N. Grand candy store department manager, and A. M. Moeller. 21. of sls N. Drexei, beauty operator. J Charles James Lawson. 22. of 3144 Ralbaker, and Ora May Ellis, 17, of 3125 Honey St. Kennecott Copper Raises Dividends Bp United Press NEW YORK, Aug. s.—Kennecott Copper Corporation today placed its capital stock on a $6 annual basis by the declaration of a quarterly dividend on $1.50. The dividend is payable Oct. 1 to stock of record Aug. 31. The previous dividend rate was $5 annually. Standard Oil of New Jersey Divides Bjt United Prextt NEW YORK, Aug. 15.—Standard Oil Company of New Jersey today declared the usual extra dividend of 1214 cents, together with the regular quarterly dividend of 25 cents on the common stock, payable Sept. 15 to stock of record Aug. 25. Truck Driver Killed ROANOKE, Ind., Aug. 15.—Evan D. Fast, 34, was killed instantly at a crossing a mile north of here when the truck he was driving was struck an Indiana Service Corporation traction car.

Local Wagon Wheat

Local grain elevators are paying $1.25 for No. 2 red wheat and $f for No. 2 hard wheat. Other grades are purchased on their merits. SUGAR OPENING Bp United Press * NEW YORK. Aug. 15. Sugar futures opened steady. September. 2.30; December. 2.45. up .01; January. 2.46. up .01; March. 2.46, up .01: May. 2.54, up .01: July, 2.51. COTTON OPENING Bp United Press NEW YORK. Aug. 15.—Cotton futures opened higher. October. 18.95 up .24; December. 18.90. up .19; January. 18.85. up .18; March 18.96. up .20; May. 18.93, up .17; July, 18.77, up .13.

The City in Brief

Announcement of the resignation of Elmer Vrooman of Wabash, member of the arson division of the State Fire Marshal’s office for more than six years, was made today by Alfred Hogston, State fire marshal. Vrooman’s resignation will become effective Saturday, when he will leave for Oklahoma City to become district manager of the National Board of Fire Underwriters. John Zahnd, Indianapolis’ only presidential candidate, has called a meeting of the National party, of which he is national chairman, so that he may resign and devote his time to his candidacy. The closed session of the party executives is to be held here next Monday. “Ghandu. the Indian Mystic'” will be the subject of an address before the Bible Investigation Club at the Y. M. C. A. tonight by Dr. Elden H. Mills, pastor of First Friends Church. The meeting will be preceded by a bean supper. New crossing signals installed by the Pennsylvania railroad went into use today at Emerson Ave., Downey Ave., Arlington Ave. and Audubon Rd. crossings. They are horizontal flashing lights operated by electricity. Installation is said to have cost the road $15,000. Series of regional warehouse distributors’ conventions of the Pest-O-Lite Storage Battery Corporation will open at the plant in Speedway City Thursday. About 100 distributors from the Central States will attend. The principal feature of the two-day session will be outlining of the new sales program which is to be started by the company. Mrs. Mabel Moore, 848 N. Addison St., reported her father, William Matlock, 56, Keystone Ave. and Sixty-Third St., missing from home since Sunday. Matlock said he was going downtown and would return in the afternoon. Pat Williams, 10, Negro, 2461 Shelton St., was also reported missing. A $62,000 increase in inheritance tax collections is reported by L. C. Johnson, deputy State auditor, who compared the first eleven months of this fiscal year ending Sept. 30 with the same period last year. Comparative figures are, for the present year, $1,171,444.96, and $1,108,947.8 for last year. Death of Mrs. Margaret O'Hara, 78. of 1410 E. Market St., at St. Vincent's Hospital, was pronounced due to pneumonia, resulting from a fractured hip received in a fall at her home a week ago, by Deputy Coroner Claude Adams today. Nicholas George, 53, was taken to city hospital unconscious Tuesday night when a wardrobe he was carrying downstairs at his home, 1526 W. Washington St., fell on top of him.

SUSPEND SENTENCE ON GRANDMOTHER’S PLEA Youth Freed of Further Charges After Serving Term. Fine and sentence for drunkenness and carrying concealed weapons were suspended by Special Judge S. J. Smith in municipal court three today in the case of William Thompson, 21, of 306 W. Morris St., who returned from serving a three months’ sentence at Indiana State farm to face the charges. Smith has a jecord of three convictions for felony, but his grandmother, Mrs. Anna Bertline of the Morris St. address, assured the judge if the old charges were dropped she would vouch for his behavior. The concealed weapons and drunk charges were brought by Patrolman Cecil Neal ,who alleged that Thompson had attacked him with brass knuckles in a dry beer saloon at Michael and Wyoming Sts., last May. The youth was sentenced to the farm at that time for assaulting and robbing an old man and the police charges were let stand until today.

CARNIVAL REOPENED AFTER NEW PETITION Controller Revokes Closing Order When Law Is Observed. The carnival being held under the auspices of the Ironwood Camp, Modern Woodmen of America, at Ave. and E. Washington St., was reopened Tuesday night and will continue to operate. This was the announcement today by Sterling R. Holt, city controller, who ordered the fete closed Monday night when it was learned a petition of approval for location of the show, presented in his office, was not bona fide. A city ordinance provides that 60 per cent of the property owners within 500 feet of the carnival location must sign the approval petition. Anew petition was circullated by the lodge and was approved by Holt. Holt declared that the ordinance under which the carnival operated was “mixed up,” and that he was considering plans to have it altered. TRUCK INVITED Fourth Safety Conference Will Be Held Tonight. Seven hundred commercial vehicle drivers of the city have been invited to attend the fourth safety conference under auspices of the Indianapolis Safety Council at the Athenaeum Tuesday night. Dixon H. Bynum, former State industrial board member, will preside and Harry E. Yockey, former city attorney, will speak. An open discussion will be held and plans for a safety week discussed. City Hospital Bonds Are Sold Bonds amounting to $125,000, pro.ceeds of which will be used to pay current expenses at the city hospital, have been sold to the Merchants National Bank, Sterling R. Holt, city controller, announced today. The bonds carry 4.25 per cent interest, with a premium of $22.

.AUG. 15, 1928

HOLD HOPE TO GET VETERANS' HOSPITAL HERE V, F. W, to Boom Plan During Visit of Bureau Chief Aug. 27. A move to obtain the location of a United States veterans’ bureau hospital here was revived today with the announcement of Veterans of Foreign Wars officials that Gen. Frank T. Hines, veterans bureau head, will visit Indianapolis during the V. F. W. convention here Aug. 26 to Sept. 1. An effort will be made to influence General Hines to locate a hospital here, according to Frank T. Strayer, Veterans of Foreign Wars commander. The last Congress appropriated $15,000,000 for new hospitals and Hines will determine where the hospitals will be built, Strayer said. Luncheon Arranged If a hospital is located here its cost would be near $2,000,000, Strayer said. General Hines will arrive here about noon, Aug. 27, and will be entertained with a luncheon at the Columbia Club. About sixty persons will attend. Among them will be Col. Robert Woodside, commander of the famous "L&et Battalion;” Cos!. Solan J. Carter, Indianapolis; Maj. Sidney Miller, Indianapolis; Governor Ed Jackson; Mayor L Ert Slack, Frank T. Strayer, command-er-in-chief of the V. F. W.; Meredith Nicholson, chairman of the distinguished guest committee of the V. F. w„ and many others. Will View Sites Immediately after the luncheon. General Hines will be taken on a tour of Indianapolis, and possible hospital sites will be pointed out. The Chamber of Conifcerce is aiding in arrangement of the tour. In a telegram received by Commander Strayer today, General Hines authorized the establishment ol an office for receiving applications from disabled veterans for relief. An official from the Veterans Bureau will arrive Aug. 26 from Washington and will open an office in connection with the convention office of the V. F. W. in the Claypool.

BROOKLYN (IND.) BANK CLOSED BY EXAMINER Private Institution Operating at Loss, Say Officials. Closing of the Peoples Deposit Bank of Brooklyn, Morgan County, was announced today by State banking department officials. The bank, a private institution, was closed by K. V. Brownell, State examiner, because it has been operating at a loss, it was announced. The bank has sufficient assets to pay off depositors, it is believed. The bank, capitalized for $12,000, had $46,000 deposits, $52,000 loans and discounts and $6,000 surplus. Owners of the institution were, Mrs. Emma Gibbs, Mooresville; Samuel Swope, president; H. R. Nevins, vice president, and E. W. Harper, cashier. SLAYERS ASK PARDON Mrs. Lillicndahl and Willis Beach Seek Freedom. Bit United Press TRENTON, N. J„ Aug. 15.—Application for pardons for Mrs. Margaret Lilliendahl and Willis Beach, convicted for the murder of Dr. A. William Lilliendahl, will be heard at the meeting of the State board of pardons Sept. 4. The applications were filed by Charles M. Phillips of Hammonton, personal attorney for Mrs. Lilliendahl. The two already have served nine months of their ten-year prison terms. There have been repeated rumors they would attempt to obtain pardons.

RETAINS BAR OFFICE Joel A. Baker Re-Elected SecretaryTreasurer of State Lawyers. Joel A. Baker, city purchasing agent, was re-elected secretarytreasurer of the State Bar Association at a board of managers’ meeting at the Claypool Tuesday. He has served in that capacity since the combination of the offices two years ago Prior to that Baker was secretary for two years. The board also elected W. E. Treanor of Bloomington, professor of law at Indiana University, editor of the Indiana Law Journal, official publication of the association. He succeeds Paul L. SayCr of Bloomington, who was granted a year’s leave of absence. Faces Forgery Charge Bp Times Special EVANSVILLE, Ind., Aug. 15— John Baribough, 38, Indianapolis salesman, is in c’ity jail here charged with forging an order for $156 on the Hoosier Lamp Works. Baribough is a salesman for the Merten Manufacturing Company. He was given a preliminary hearing before City Judge H. B. McCoy Tuesday and his case was taken under Rdvisement until Tuesday, Death Notices WILSON. MARY PENDERGAST—Sister of Sister Mary Basil of St. Mary-of-the-Woods. nassed away Tuesday, Aug. 13, 1004, N. Pennsylvania. Friends may view remains at the funeral chapel of Kirby & Dinn, 1901 N Meridian. Funeral Thursday. Aug 16. 8:30. at chapel; 9 a. m., at SS Peter and Paul Cathedral. Friends Invited. MEYER. EDMUND L—Beloved brother of Carl and Clarence Meyer. Mrs. Fred Wllkenlng. Mrs Harry Roller and Miss Bertha Meyer, passed away August 10, 1928, 10 a. m.. age 51 years at San Francisco, Cal. Friends mav call Wed. evening at the home, 3223 Broadway. Funeral Thurs., Aug. 16. at 2 p. m. Friends invited. Burial Concordia Cemetery. ' Funeral Directors George Grinsteiner Funeral director 522 E. Market Riley 5374 UNDERTAKERS * HISEY & TITUS 931 N. Delaware Li. 3828 J. C. WlLSON—Funeral parlors: ambulance service and modern automotive equipment. Dr. 0321 and Dr. 0323.