Indianapolis Times, Volume 40, Number 93, Indianapolis, Marion County, 7 September 1928 — Page 29

SEPT. 7, 1928

BULL TRADING • BOOSTS STOCK . LISTSOPENING General Motors, U. S, Steel and Radio Continue to Lead, Average Stock Prices IfcVverase of twenty industrials ThursdsKas 239.06. off .06. Averaqe of twenty ■alls was 143.01. off .74. Average of forty rnoncls was 96.48, up .04. By ELMER C. WALZER United ’ress Financial Editor NEW YORK, Sept 7.—An expansion of only $54,061,000 in brokerage loans was considered bullisn by stock market operators today, since expectations of the increase had ranged to $100,000,000, Asa result. orders to buy stoes poured into New York from all sections of tnc country overnight and the opening another buoyant demonstration strength in all sections of the list with steel issues leading. All the old time leaders were sharply higher. General Motors soared 2V& points to 205 M> on expectation of an extra dividend at the next director's meeting; U. S. Steel spurted 1% to 156 Vi on the excellent outlook for the steel bust • ness; Radio rose 4*4 points to 222% on its earnings and expectations of a dividend on the stock soon Wright Aero jumped 3% to 187 due to Interest generated in the aero group by the Transcontinental Air Derby. The steel group as a unit forged ahead under the leadership of United States Steel. Central Alloy rose to anew high at 42%, up %, while Republic also made a peak at 72%, up %. Vanadium gained 2% to 83% and Otis 144 to 29%, also anew high. Bethlehem rose nearly a point. Briggs opened 10,000 shares at 47% and then rose to 47%, up 1%. New highs were made by Brunswick Blake Utilities 57%, up 3% and by Montgomery Ward which soared 6Vi points to 229. Oils were again in demand, featured by Texas Corporation and Mexican Seaboard. Rails gained the lead of Missouri Pacific which rose 2% points. Banks and Exchange INDIANAPOLIS STATEMENT Local bank clearings today were $3,746,000. Debits were $6,793,000. CHICAGO STATEMENT Bu t nited, Press CHICAGO, Ser>t. 7.—Bank clearings today were $116,200,000. Clearing house balance was $8,500,000, TREASURY STATEMENT Bu United Press WASHINGTON, Sept. 7.—The Treasury net balance for Sept. 5. was $166,970.924.76. Customs receipts this month to Sept. 8, were $5,842,280.64. NEW YORK STATEMENT United Pn ss ‘’•NEW YORK, Sept. 7.—Bank clearings. $1,231,000,000. Clearing house balance, $119,000,000, Federal Reserve Bank credit balance, $111,000,000. In the Stock Market (By Thomson & McKinnon! NEW YORK, Sept, 7.—Recently your attention has been called to the fact that there were some signs pointing in the direction of a change in the policy of the Reserve Board. Another Is visible. These signs are not so big as to be conclusive, but they will bear watching. That there is reason for a change there can be no question. Look at the picture, we have money in New York 7% to 8 per cent, rediscount rates 5 per cent, United States Government payment 4% per cent, London money 3% per cent, and only a short while ago we heard stories of our becoming the world’s bankers. How funny that sounds today. Os course, aside from all this the stock market itself every so often needs correction, and when it does, correction usually follows in due time. Some of the severest corrective movements we have ever had came during 3 and 4 per cent money periods, so why not during 7 and 8 per cent periods. We still feel like taking some profits, though seeing nothing bearish ahead.

Commission Row PRICES TO RETAILERS FRUITS Apples—Duchess. $1(21.35: Wealthy. $1 Cantaloupes—Tip-Top, $2.50®3. Grapes—California Malagas, $1.6001.73 crate seedless. $2.50. Huckleberries—Michigan. $4: 16 at. nefate. Lemons—California, $7.5008 crate. Limes—Jamaica, $1.7502.25 per 100. Melons—Honey Dew California $2.25® 2.50. Oranges—California Valencias. $709.25 Peaches—Elbertas. $3. Pears—Bartlett, $3.2503.50. Plums—California, $203 crate. Watermelons—Florida. 40@60c each. VEGETABLES Beans—Home-grown stringless. $2 bu.; Kentucky Wonders. $1.75. Beets—Home grown, 30c dozen. Cauliflower—California, $3.25 crate. Celery—Michigan. $1®1.15 crate. Corn—Fancy home grown. 10@20c doz. Cucumbers—lndiana hothouse. nome grown. 40050 c Eggplant—sl.2s @1.50. Kale—Spring. 60c bu. Mustard—Fancy, home grown. 60c bu. Okra—Tennessee. 75c@$l basket. Onions—Home grown, green. 25@40c doz.; home-grown yellow. $1.750 2, 50 lbs.; Utah, large. $4.50 per crate. Parsley—Home grown, 50c doz. bunches. Peas—California, $4.5005. 45-lb. crate, h Peppers—Home-grown Mangoes 75c 0 •potatoes —Kentucky cobblers, $202.2s Wjl.: fancy home grown. $2.75 120 lb. bsg. Radishes—Hothouse. Button. 50c dozen bunches. Soinach—Fancy home grown $1.50 bu. Sweet Potatoes—Carolina. $4.50 a bbl. Tomatoes—Home grown. $1.25(31.50 bu. Turnips—Home grown. $1 25 bu. MISCELLANEOUS Cider—s4.so 6-gal case: $4.75 doz.. Vagal. jars. Garlic—California, 15c lb. SEEKS - DEATH FOR LOVE Girl in Serious Condition After Drinking Poison. Miss Margaret Sichelberg, 21, 3039 W. Michigan St., is in a serious condition at city hospital today as a Jresult of poison taken in suicidal attempt at the home of Leslie Boisen, 2438 V W. Michigan St., Thursday afternoon. Police declared ■that despondency over a love af■toir prompted the act.

! New York Stocks ““ (By Thomson & McKinnon) -Sept, 7 Prev. Railroads— High. Low. 12(00. close. Atchison 195% 194 195% 194% Atl Coast Line.... 170 Balt & 0hi0....116% ... 115% 115% Canadian Pac ..213 212% 213 213 Chesa & Ohio ..189% ... 189% 191 Chi & Alton 189% ... 189% 191 Chi & Alton 10% Chi & N West . 86 ... 86 86% Chi Grt West... 13%. ... 13% 13% C R I & P 123% ... 123% 125 Del & Hudson..2ol% ... 201% 200 Del & Lacka 134 % Eric 56% 56% 56% 85% Erie Ist pfd 59% 59 59% 53 Grt Nor pfd 100 111 Central 144% ... 143% 143% Lehigh Valley .. 105 ... 105 105 Kan City South .. 62% Lou & Nash 146 MK & T 42% 41% 42 42 Mo Pac pfd 122% N Y Central 176 ... 176 174% NY C & St L ... ... 127% NY NH & H.... 61% ... 61 61%> Nor Pacific 99% ... 99% 98 Norfolk & West. .184% ... 184% 184 Pere Marquette • ... 130% Pennsylvania ... 64% ... 64% 64% P & w va 147 Reading 106% Southern Ry ...153% 153% 153% 153% Southern Pac ..123% ... 123% 124 St Paul 37% ... 37% 37% St Paul pfd ... 54% 53% 54% 53% St L & S W 106% St L & S F 116 Texas & Pac 185 *4 Union Pacific ...197 196% 196% 197 Wabash 82% 82 82 82 West Maryland. 44% 44 44% 44 Rubbers— Ajax 8% ... 8% 8% Fisk 11% . 11% 11% Goodrich 18 80% 31 81% Goodyear 63% ... 63% 62% Kelly Spgfld ... 19% 18% 19 19% Lee 19% United States .. 38% 38% 38% 38% Equipments— Am Car <te Fdy 98 Am Locomotive. 98 ... 98 98 Am Steel Fd ... 59% 59% 59% 59% Am B Shoe 42% ... 42% 43 General Elec ...167% 166% 167 165% Gen Ry Signal ..106 105 105% 104% Lima Loco 43% ... 43% 43% N Y Air Brake. 45% ... 45% 45% Pressed Stl Car. 25% 24% 25 24% Pullman 85% 85 85% 84% Westingh Air B 46 ... 46 46 Westingh Elec ..107% 106% 107 105% Steels— Bethlehem .... 64% 62% 63 £2% Colorado Fuel .. 67% ... 66% 66% Crucible 79% 79 % 79 Va 79% Gulf States Stl 67 % 65 Vi 67 64% Inland Steel ... 68 67% 68 66% Phil R C & 1.. 31 30% 31 30% Rep Iron & Stl 72% 70 71% 69% Otis Steel 29% 29% 29% 21% U S Steel 157% 155% 156% 154 Vi Alloy 43% 42% 43% 42Vs Younestwn Stl.. 93% 92 93% 92 Vanadium Corp. 34 $2% 84 81 Motors— Am Bosch Mag. 32% 31% 32 1 a 31% Chandler 23 Chrysler Corp ..104% 103% 104% 102*4 Conti Motors .. 13% 12% 13% 12% Dodge Bros ... 20% ... 20% 20% Graham Paige.. 44% -44% 44% 43% General Motors. .206*4 203% 204% 203% Hudson 82% 81% 82 81 Va Hupp 73'a 72% 72% 71% Jordan 9 Mack Trucks 96% 95% 95% 36 Martin-Parry .. 22% ... 22% 23% Moon 7% Reo 32 30% 31% 30% Nash 92% ... 92% 92% Packard 85'4 82% 84 £2% Peerless 15% ... 15% 15% Pierce Arrow ... 14% 14% 14% .14% Studebaker Cor. 79% 78% 79% 78% Stew Warner ...104 103% 104 102% Eaton Axle 53% ... 53Vs 53% Timken Bear . ..134% 132% 134 131 Wlllys-Overland. 25% 25*4 25% 25 Yellow Coach ... 37 36% 37 36% White Motor ... 40 39 40 39 Mining— Am Smlt & Rfg.242 ... 242 251% Anaconda Cop .. 75% 74% 75% 74 1 a Calumet & Ariz.lo3% 102 103% 103% Cerro de Pasco.. 80 ... 80 80 Chil Copper .... 49% 48*4 49 48*4 Green Can Cop. 119% 117% 119 115% Inspiration Cop. 23% 23*4 23% 23% Int Nickel .. .'...119% 117*4 119*4 116% Kennecott Cop . 98*4 97% 90 98*4 Magma Cop .... 59% ... 59 58% Miami Copper 21% Texas Gulf Sul.. 71% 71*4 71% 71% U S Smelt 49% ... 48*4 49%

Oils— Atlantic Rfg ....169% ... 169% 167% Barnsdall 31% 31*4 31*4 31% Freeport-Texas . 62% 61% 62 61% Houston Oil ....145% 144 145 142% Indp Oil & Gas 27% ... 27% 27% Marland Oil ... 39% 39*4 39*4 38% Mid-Cont Petrol 31*4 31 31% 30% Lago Oil & Tr.. .. 32*4 Pan-Am Pet 8.. 42*4 41% 42 41% Phillips Petrol ... 40*4 Pro & Rfgrs. .7 25% ... 25*4 25*4 Union of Ca 1.... 51*4 ... 51% 51 Pure Oil 24 Royal Dutch 58*4 Shell 27*4 27 27*4 27% Simms Petrol 21 % Sinclair Oil ... 28*4 27% 28 27*4 Skelly Oil 32*4 32*4 32 31% Sid Oil Cal 60*4 59% 60 59% Std Oil N J.... 45% 45 45% 45*4 Std Oil N Y 36% 36% 36% 36% Texas Corp ... 69*4 68% 69 69 Transcontl .... 8 ... 8 8 Richfield 51 50% 51 50 Industrials— Adv Rumely 43*4 Allis Chalmers 136 Allied Chemical. .199 197*4 199 196*4 Armour A 21% 20% 21 20% Amer Can 110 107*4 108*4 106% Am Linseed 131*4 130 130% 128*4 Am Safety Raz 72% Am Ice 43*4 Am Wool 16*4 Curtis 150% 148 150 148 Coca Cola 173% Conti Can 124% 123*4 124 124'4 Congoleura 24% 24'% 24% 24% Davison Chem. 57 ... 561% 56 .Du Pont 392 Famous Players 146 144% 145 146 Gen Asphalt ... 79 ... 79 77% Int Bus Mch ...130% 130% 130% 130% Int Cm Engr ... 70'% 68% 70 68*4 Int Paper ... ... 68% Int Harvester ..294% 293 294% 294*4 Lambert 122% 121*4 122 121 Vi Loews 63 62*4 63 62 Kelvinater 914 ... 9*4 9*4 Montgom Ward .292 229'% 242 222 % Natl C R 86*% 85% 86'% 86*4 Pittsburgh Coal. 46 ... 46 45% Owens Bottle .. 82*4 ... 82*4 82% Radio Corp 224*4 222 224 - 219% Real Silk 38 37 38 37 Rem Rand 25% 25% 25% 2514 Sears-Roebuck ..157 148 156'% 148% Union Carbide..l7o% 169'% 170 169*4 U S Leather 43% ... 43% 44 Univ Pipe 20% . . 20% 20% Victor 114% 112 114 1113% U S Indus A1c0.121 120*4 120*4 120*% Warner Bros A..120% 116 120 117 Warner Bros B. .117 114*4 117 1141% Utilities— Am Tel & Te1...181'% 181 181'% 181 Am Express 230 Am Wat Wks 62*4 61% 62 61'% Brklyn-Manh T. 71 69% 71 693% Col G & K 124'% ... 1237% 1243/, Consol Gas .... 81 ... 80'% 80*4 Elec Pow & Lt.. 39% ... 39*4 39% Commonwealth P 85 841% 85 Nor Am Cos 75 3 4 751% 75'% 76 Nat Power 37 ... 363% 36 7/ s Pub Svc N J .... 65'% 64 64*4 65*4 S Cal E 51 50'% 51 50'% Std Gas & E 1... 697% 69'% Utilities Power.. 45 43% 44 43'% West Union Te 1.151 ... 150'4 152 Shipping— / Am Inti Corp... 10934 108*4 109'% 108'% Am Ship & Com. .. ... ... 4*2 Atl Gulf &WI. 56 55*4 56 54% Inti Mer M pfd. 37'% ... 37*4 37 United Fruit ...137 135'% 137 135'% Foods— Am Sug Rfg.... 75V4 73 7534 72*% Beechnut Pfeg 77% California Pkg.. 737% ... 73 7 % 73 Corn Products .. 83 3 % ... 83% 83% Cuba Cane Su p 17 3 4 17'% 17% 17% Caban Am Sugar 17% Cudahy 72% 72'% 72% 72'% Fleischmann Cos. 74% 74% 74% 74 Jewel Tea 127 Jones Bros Tea.. 33*% 33?% 33'% 32 Kraft 69'% 69'% 69'% 69% Kroger 119’% 118’% 1197% m% Natl Biscuit 178 177'A 178 177 Natl Dairy 95% 93'A 95% 93'% Postum CO 70% 70V 70% 71 Ward Baking B. 19% 19'% 19% 19'% Tobaccos— Am Sumatra .. 72 69% 71 69 3 4 Am Tobacco ....1707% 170 1707 k ... Am Tob (8).... 171% 170% 171% 169% Con Cigars 92 91% 92 91% General Cigar .. 62% ... 62 3 / 4 62% Lig & Myers.. 92% ... 92'% 91'% Lorillard 33 32 32'% 31 R J Reynolds ..144 143 144 143*4 Tob Products B 100*% ... 100?% IOOVi United Cigar St 29’% 29% 29% ... Schulte Ret Strs 60'% Other Livestock Bn Times Special LOUISVILLE, Sept. 7.—Hogs—Receipts, 800; market, 25c higher; heavy and medium hogs, 180 lbs. up. $12.45(212.95; pigs and lights, 180 lbs. down, sß.9s(ni 11.55; stags and throwouts. $9.35&10.45. Cattle—Receipts, 300; market, steady; nrlme heavy steers, Sl3.so<ft 15.50; heavy shipping steers. $12.50(213.50; medium and plain steers, [email protected]; heifers. $7 50 si 13.50; god to choice cows, $80?) 10; medium to good cows. $6.50(28; cutters. [email protected]; canners, ss@s 50; bulls. $6(i8.50; feeders. $9(011.50; Stockers, *B® 11. Calves—Receipts, 400: market, steady; good to choice. sl4® 16; medium to good. $12@14; outs. sl2 down. Sheep—Receipts, 500; market, steady; lambs. [email protected]; seconds. $8.50® 9: sheep. s4@6: bucks, [email protected]. Thursday’s shipments—Cattle, 59; calves. 259; hogs, }49; sheep, 465.

NEW YORK COFFEE RANGE —Sept. 6 High. Low. Close. January 15.62 15.62 15.62 March 15.55 15.47 15 55 May 15.35 15.33 -5.35 July 15.05 15.05 15.C5 September 15.85 15.80 15.85 December 15 87 15.75 15.87 RAW SUGAR PRICES _ Bu United Press NEW YORK. Sept. 7.—Sugar futures opened lower. September 2.11. off .02: December 2.24, off .02; January 2.25. off .02; March 2.25. off .03; may 2.32, off .03; July 2.40, off .02.

PORK MARKET OPENS HIGHER; VEALERS GAIN Hogs Up 20 to 35 Cents, With Cattle, Lambs Strong. Aug. Bulk. Top. Receipts 30. 12.40(5,12.90 * 12.90 6,000 31. 12 50513 00 13.00 5.500 Sept. 1. 12.60® 13.10 13.10 2.500 4. [email protected] 13.10 7,500 5. 12.50(513 00 13.00 5.500 “6. 12.50(512.00 13.00 3.500 7. [email protected] 13.25 4,500 The hog market opened 20 to 36 cents higher, with packers 15 ceiVs higher, and the bulk of 150-300 pounds selling at $12.70@ 13.15 av the Indianapolis stockyards today. Receipts were about 4.500 in the pens and holdovers from Thursday were 524. The cattle market opened steadv with no steers on hand. Vealers sold 50 cents higher, mostly sl9 down. Lambs were 25 to 50 cents higher with the good Is .ribs selling at $14.50 @ls and fat ewes brought $5 @6.50. Sheep were strong. The Chicago hog market opened strong to 10 cents higher than Thursday’s best prices with a few loads of 170-220 pound class bringing sl3@ 13.15. Receipts were considerable lower, estimated at 11,000 including 2,000 directs. Heavy butchers were 20 cents higher, selling at [email protected] at the Union Stockyards tday. Other quotations are as follows: 200-250 pounds, brought 25 cents higher at $12.85® 13.15; 160 - 200 pounds, brought $13.15@ 13.25, 25 cents higher; 130-IGO pounds, sold 35 cents higher at $12.35® 12.85; 90-130 pounds, was 50 cents higher on the top price, selling at $10.75® 12, and packing sows sold 25 cents higher at $10.75® 11.75. Beef steers were 50 cents higher, selling at sls @l7; beef cows were steady, selling at $9 @11.50; low cutter and cutter cows brought about steady at [email protected], aUd bulk stock and feeder steers brought sß@ 12. Receipts were slightly higher, estimated at 650. Best vealers were 50 cents higher on the top, selling at slß@l9, and heavy calves were steady, selling at $7 ® 11. Receipts numbered 750. The sheep and lamb market was slightly higher, the top 25 cents higher, bringing sls; bulk fat lambs brought 50 cents higher, selling at $14.50@15, and fat ewes sold for $4.50 @6.50. Receipts were considerably higher at i,500. —Hogs— Receipts. 4,500; market, steadv to higher. 250-35° lbs $12.25® 12.90 200-250 lbs 12.85® 13.15 160-200 lbs 13.15(7 13.25 130-160 lbs. .. 12.35(712.85 90-130 lbs 10.75® 12.00 Packing sows 10.75® 11.75 —Cattle 1 Receipts. 60; market, steady to higher. Beef steers $15.00® 17.00 Beef cows [email protected] Low cutters and cutter cows... 5.50(8 7.50 Bulk stock and feeder steers. [email protected] —Calves— Receipts. 750; market, steady to higher. Best vealers SIS-OOiBUg 00 Heavy calves [email protected] —SheepReceipts, 1,500; market, steady to higher. Too fat lambs $15.00 Bulk fat lambs 14.50® 15.00 Fat ewes 4.50® 6.50 Other Livestock Bii United Press CHICAGO. Sept. 7.—Hogs—Receipts. 11,000; market fairly active; mostly 10@ 15c higher than Thursday’s average; top, $13.20, paid for a few loads of choice 180-215-lb. weights; butcher, medium to choice 250-350 lbs., $11.85(7.12.85; 200-250 lbs.. sl2 (7 13.20: 160-200 lbs.. [email protected]; 130-160 lbs.. 1.15® 12; packing sows, $10,754.) 11.65; pigs, medium to choice. 90-130 lbs. $10.25@12. Cattle—Receipts 2,000; calves. 1.000; all grades and classes around steady: steers and yearlings, $17.75(817.90; slaughter classe steers, good and choice. I. lbs.. $15.40® 18.25: 1.100-1.300 lbs.. $15.40(7.13.25; 950-1,100 lbs., $15.40® 18.10: common and medium, 50 lbs., $9.25 (7 5.40: fed yearlings, good and choice, 750950 lbs.. $15.50® 18; heifers, good and choice. 50 lbs. down, $14.35 (x’ 17.50; common and medium, $8.65(7 14.560: cows, good and choice. [email protected]; common and medium. [email protected]; low cutter and cutter, [email protected]; bulls, good and choice, beef. $9.50@11: cutter to medium, s7@ 9.50; vealers. milk-fed. good x and choice, [email protected]; medium. $14.25017.50: cull and common, 58.50(114.25; Stocker and feeder steers, good and choice, all weights. $11.75® 14: common and medium. $9.35® 11. Sheep—Receipts, 15,000; fat lambs unusually active: unevenly strong to 25c higher; most upturn on natives; sheep steady; feeding lambs strong; lambs, good and choice 92 lbs. down. $14.50® 15.75; medium. $13.05(114.50: lambs, good and choice 92 lbs. down. $14.50(175.75; medium. [email protected]: cull and common, s9@l3: ewes, good to choice. 150 lbs. down. $4.25 (5.7.25; cull and common, [email protected]; fepder lamas, good and choice, $13.65® 14.50.

Bu United Press PITTSBURGH. Sept. 7.—Receipts. 1,200; market steady: 250-350 lbs., $12.75013.50; 200-250 lbs.. $13.10® 13.75: 160-200 lbs.. $13.35® 13.75; 130-160 lbs., $12.50013.75; 90-130 lbs.. $11.75013: packing sows. $10.75011.75. Cattle—Receipts. 50; calves, receipts. 75; market steady: beef steers. sl2® 15; light yearling steers and heifers. $10.50® 14.75; beef cows. $8.50011: low cutter and cutter cows. s4®B; vealers. sl6 @l9; heavy calves. $lOOl6. Sheep—Receipts. 750: market strong: top fat lambs. $15.25; bulk fat lambs. $13015.25; bulk cull lambs, $8.50# 11; bulk fat ewes. ss®7. / Bu United Press CLEVELAND. Sept. 7.—Hogs—Receipts, 1,200; market 15c up; 250-350 lbs., $12.75 #13.40. 200-250 lbs., [email protected]; 160200 lbs., $13.25013.40; 130-160 lbs., $12.75 @13.40; 90-130 lbs., $12.25012.75; packing sows, $10.75012. Cattle—Receipts. 100. Calves—Receipts, 175; market, cattle strong to 25c up; calves 50c up; beef steers, $9.65013.25; beef cows. $7.50(89.50; low cutter and cutter cows, $5.75@7: vealers. [email protected]. Sheep—Receipts. 800; market, lambs 25050 c up; top fat lambs, sl6: bulk fat lambs. $15.50016; bulk cull lambs, [email protected]; bulk fat ewes, ss@7. Bu United Press TOLEDO, Sept. 7.—Hogs—Receipts. 250; market, 10015 c up: heavies, $12.40012.85; mediums. $12.85013.40; yorkers. $13013.25; food pigs. $12012.50. Cattle—Receipts, 00- largely stockers and feeders; market, steady. Calves—Light: market 50c up. Sheep and lambs—Light; markets 50c up. Bu United Press • EAST BUFFALO. Sept. 7.—Hogs—Receipts. 2,600: holdovers, 700; market, weak to 10c down; 250-350 lbs., $12.90®>13.50; 200-250 lbs.. $13.150 13.65; 160-200 lbs., $13.25 0 13.65; 130-160 lbs.l, $13013.65; 90130 lbs.. $12.65013.40; packing sows. $11.25 012. Cattle—Receipts, 300. Calves—Receipts. 600; market, 50c up: beef steers. $12.50016.25: light yearling steers and heifers, $14016.75: beef cows. $8.50®'10.50: low cutter and cutter cows. $5.3507.40; vealers, $18.50019.50. Sheep—Receipts. 2.000: market. 25 035 c up; top fat lambs. $15.50; bulk fat lambs. $15015.35. Bu United Press CINCINNATI. Sept. 7.—Hogs—Receipts, 3,300; holdovers. 1,549; market, mostly 25c up; 250-350 lbs.. $12013 : 200-250 lbs., $12.50013.25; 160-200 lbs., $12.65013.25; 130-160 lbs.. $11.75012.85; 90-130 lbs.. $9.50 @12.25: Decking sows. $9.25 09.50. Cattle —Receipts. 600. Calves—Receipts, 300; market. 25c up: beef steers. $11015; light yearling steers and heifers. $10015; beef cows. $7.75011; low cutter and cutter cows. $5.5007; vealers. $12018; heavy calves. s9#l4: bulk stocker and feeder steers. $10.50011.50. Sheep—Receipts, 1.500: market steady: top fat lambs. sls; bulk fat lambs. [email protected]; bulk cull lambs, S6O 10.50: bulk fat ewes, $4 0 6.50. Bu United Press FT. WAYNE. Sept. 7.—Hogs—Receipts. 300: market, steady to 10 cents higher; 90-110 lbs.. $10.50; 110-130 lbs., $f1.50; 130-140 lbs., $12.10; 140-160 lbs., $12.80; 160-180 lbs., $12.90; 180-200 lbs., $13.10; 200-250 lbs.. $12.90 : 250-300 lbs.. $12.60; 300-350 lbs., $12.25; roughs, $11; stags. SB, Calves—Receipts, 100; market. $lB down. Cattle—Receipts. 125. Sheep—Receipts, 300; market, $13.50 down.

THE INDIANAPOLIS TIMES

He’s Still Here

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The resignation of Col. Robert W. Stewart, chairman of the board of hie Standard Oil Company of Indiana, was requested on April 27 and April 30 in letters from John D. Rockefeller, Jr. Rockefeller’s request followed revelations by Colonel Stewart before the Senate committee investigating the Teapot Dome oil scandal. Now. nineteen weeks after the demand was made. Colonel Stewart remains on the job. Produce Markets Butter (wholesale price) No. 1. 49@50c. No. 2, 47@48*%c. Butterfat (buying price)—49c lb. Cheese (wholesale selling prices, per pound)—American loaf. 35c; pimento loaf. 37c; Wisconsin flat. 29c; prime cream. 22c; flat Daisy. 29c; Longhorn. 29c; New York Limbergei’, 30c. . . , . Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. 29@30c. Poultry (buying pricesi— Hens, 23@2c: Leghorn hens. 15@18c: 1928 spring. Targe breed. 2 lbs. and up. 27@28c; 1% to 1% lbs., large. 22@23c: old roosters, large. 12 <7? 13c; small. 10@13c; ducks. 13® 15c; feese, 8@10c; guineas, young. 50c; old 35® 7c. Bit United Brest new YORK. Sept. 7.—Flour—Dull and unchanged. Pork—Quiet. Mess—s33.so. Middle West spot. $13.30® 13.35. SugarRaw dull; spot 96 test delivered duty paid $4.14; nominal: refined quiet; granulated. $5.65. Coffee—Rio No. j on spot. 17'%@'17'Ac; Santos No. 4. 23%(7.24c. Tallow—Firmer: special to extra 8%(i8%c. Hav—Quiet; No. 1. $1.35; No. 3. $1g1.20. Clover—9oc(7sl.3o. Dressed Poultry—Quiet; turkeys, 25(7 45c; chickens. 28@47c; fowls, 16® 34c; ducks. 18@19c; Long Island, 23® 28c. Live poultry—Firm; geese. 10(5.20c; ducks. 15(i,26c: fowls, 28® 33c; turkeys. 20 is 25c; roosters. 20c; broilers. 31(i.40c. Cheese—Firm; state whole milk fancy to specials. 25@27c; Young Americas, 27c. Potatoes—Lone Island. $1.75(7 2.25; Jersey. [email protected]: Southern. $1(51.75; sweet southern, s2@4; Jerse-. 50c@$2. Bu United Press CLEVELAND, Sept. 7.—Butter—Extras in tub lots, 51@53c; extra firsts. 46%@48%c; seconds. 42%@44%c. Eggs—Extras, 39c; extra firsts, 36c; firsts, 34c; ordinaries, 28'%c. Poultry—Heavy fowls. 30@31c; Leghorns. 23@26c; heavy springers, 33@ 36c; Leghorn springers, 30@32c; ducks. 23 @2sc; young geese, 21(122c; old, 15® 17c; old cocks. 16@18c. Potatoes—U. S. No. i cloth top stave barrels. [email protected]; 150-lb. bags Jerseys. $2.15®2.25; home grown, bushel sacks, 75r.i 85c; West Virginia. 150lb. sacks, $2.25(5.2.40. Bp United Press CHICAGO, Sept. 7—Poultrj’—Receipts. 3 cars; fowls, 21(g29'/2C; leghorns, 23%c; spring, 21(530c; ducks, heavy, 30c; small, 15c: young, 25c: geese, 16®20c; turkeys, 20c; roosters, 20c: broilers. 30c. Cheese —Twins, 25c; Young Americas. 25'%@26c. Potatoes—Arrivals. 98: on track, 210; In transit, 524; Kansas and Missouri sacked Irish Cobblers. 65(580c: mostly 70@75c; Minnesota, sacked Early Ohios, 75(jj90c; Wisconsin sacked Irish Cobblers, 95@$1; mostly sl. CERTIFICATES ISSUED TO REDEEM LIBERTY BONDS $525,000,000 Also Will Be Used for Interest on Public Debt. Bu United Press WASHINGTON, Sept. 7.—lssuance of $525,000,000 of nine-month Treasury certificates bearing 4% per cent interest from Sept. 15 was announced today by the Treasury Department. The issue will be used toward redeeming the third Liberty loan bonds, maturing Sept. 15, of which about $970,000,000 are still outstanding. About $70,000,000 in interest payments on the public bedt becomes payable on the same date. Treasury officials, it was learned, are skeptical of Budget Director Lord’s forecast of a $94,000,000 deficit, made recently in his annual report. Tax receipts are expected, it was said, to aggregate $445,000,000 I from the September payment on j income and corporation taxes. This, it is suggested, will remove possibility of a deficit. Marriage Licenses Virgil Grimes, 37. of 3927 N. Meridian St., electrician, and Ida Price McAtee, 27, of 1737 Roosevelt Ave., housekeeper. Willie Dayton Coos, 24, ol 1315 Brookside Ave., conductor, and Dorothy P. Clark. 19, of 1232 E. Tenth St. Allan Gardener. 22. of 1319 E. TwentySecond St., garage worker, and Roberta Davis. 21, of 2208 Martindale Ave., housework. Albert Kennedy, 49, of 845 Camp St.. and Gabe Ellen Brown, 38. of 2018 Highland PI.

NOTICE: Edw. Traugott & Cols TEMPORARY OFFICE NOW LOCATED AT 239 W. Washington St. Kindly Make Your Payments Here

GRAIN FUTURES ADVANCE WITH WHEATIN LEAD Firm Undertone Responsible for Small Gain; Buying Is Moderate. Bu United Press CHICAGO, Sept. 7. Wheat showed a firm undertone on the Board of Trade today and prices made slight advances. Moderate buying power was reflected in corn and oats futures, both making small gains. At the opening wheat was unchangd to % cent up. corn was unchanged to % cent higher and oats were up % to *4 cents. Provisions were slightly higher. Wheat has been holding around present levels for almost a month and traders believe there will be little change before the Government crop report is issued Monday. Hedging pressure is expected soon, but as Northwestern farmers are holding their wheat for better prices, the weight on the market may not be heavy. Snow and rain were reported today at Edmonton, Alta., with a temperature of 34. Other northwestern points had favorable weather. Corn has been showing good resistance to selling pressure. Light receipts of old corn have kept Septembr strong while a good class of buying has aided the new crop months. According to reports, Buffalo is buying corn in lowa and shipping it by rail to the East. It is believed that farmers in the Chicago territory are holding their oats for better prices as receipts have been surprisingly light.

Chicago Grain Table —Sept. 7 WHEAT— Prev. High. Low. 12:00 close. September I.lo** ... 1.09% 1.10 December ... 1.15% 1.14% 1.14% 1.15 March 1.19*% . . 119 1.19% May 1.22% 1.21% 1.21% 1.21% CORN— September ... .95% .94% .95 .94 December ... .75'% .94'4 .95 .75 March 77% .77% .77% .77% May 80% .79% .79% .79% OATS— September ... .39% .39% .39% .38% December 40% 40% „40% .40% March 43% .43% .43% .43 RYE— September ... .94 ... .93% .93% December ... .95% .95 .95% .95 March 98'% .97% .98 98 LARD— September .. 12.70 12.67 12.70 12.65 October 12.82 12.80 12.85 12.80 December ... 13.07 13.00 13.07 13.02 Bu Times Special CHICAGO. Sept. 7.—Carlots: Wheat. 33; corn, 76. oats, 67; rye. 4. In the Cotton Market (By Thomson & McKinnon) NEW YORK. Sept. 7.—The mills are buying enough cotton to protect themselves against a bullish estimate which seems to be a sound and conservative thing to do. Shorts are also buying, and southern selling Is not quite sufficient to accommodate both interests except at an advance. Private reports have lost most of their following. Confidence in the government is higher than at any time in the past. Today s weather map should be g.'od. Bit United Press NEW YORK. Sept. 7.—Cotton futures opened lower. October 19.05. off .05; December 18.92, off .05; January 18 85, off .04; March 18 84. off 04; May 18.84, off .03; July 18.72, off .01. Local Wagon Wheat Local grain elevators are paving $1.33 for No. 2 red wheat and $.!. for No. 2 hard wheat. Other grades are purchased on their merits.

United States Third Liberty Loan Bonds Will Mature September 15, 1928 and will cease to bear interest on that date. We offer our services in collecting payment and will gladly assist in reinvesting the funds in longer maturity U. S. Government bonds or in other high grade securities. BOND DEPARTMENT THE UNION TRUST COMPANY of Indianapolis 120 E. Market St. Riley 5341

Indianapolis Stocks

—Sept. 7 Bid. Ask smer Central Life . 850 .. Belt R R & Yds com 68% 72 Belt RR & Stkyds pfd 59% 63 •Central Ind Power Cos pfd.... 103% 99 •Circle Theater Cos com 95 Cities Service Cos com 66*4 ... Cities Service Cos pfd 99% ... Citizen Gas Cos com 56% 57% •Citizens Gas Cos pfd 101 102% Commonwealth Loan Cos pfd .102% 104 Eoultablc Securities Cos com Hook Drug Cos com 33 Indiana Hotel Cos com 135 Indiana Hotel Cos pfd 101 Indiana Service Corp pfa 90 Indianapolis Gas Cos c0m.... CO 64 Indpls Ac Northwestern pfd 9 •Indpls P & L 6s pfd 103 106 Indpls P & L 7s 100 101*2 IndDls Pub Wei Ln Assn 47% Indpls St Rv Cos pfd 36 41 Interstate PSC prior leln.. . 103 Va 107 Interstate P S C 6s pfd 93 99 Merchants Pu Utb Cos old 101 •Metro Loan Cos 8s 99’% 103 North Ind Pub Serv Cos 6s .... 99 103 Northern Ind Pub S Cos 75.... 107'% ... Progress Laundry Cos com 34 E Rauh & Sons Fert Cos pfd so Real Silk Hos Cos pfd 92% ... Standard Oil of Indiana .... 77% ... T H 1 & E Trac Com 1 T H I & E Trac Cos pfd 15 T H Trac & Lt 91 Union Trac Cos com *4 Union Trac Cos Ist ofd 1 Union Trac Cos 2nd ofd % Union Title Cos com 80 Van Camp Pack Cos pfd 14 Van Camp Prod Ist ofd 07 100 Van Camp Prod 2d Dfd 91 96 •Ex-dividend —Bonds— Belt R R & Stk Yrds 4s 89 Broad Ripple Trac Cos 5s 78 80 Citizens Gas Cos 5s 100% 102% Central Ind Power Cos 6s 101% Chi S B & N Ind 15 Citizens Gas Cos 5s 102 103 Citizens St R R 5s 85% 86% Gary St Rv 5s 85 90 Home T & T of Ft Wayne 65.. 102 Indiana Hotel Cos bs 101 Tnd Northern Trac Cos 5s 4 Ind Ry & Lt Cos 5s 98% . Ind Service Corp 5s ........ 93 94 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 100 Indpls & Martins Trac Cos 5s 31 Indpls & Northw Trac Cos 55... 9% 13Vi Indpls & Northw Trac Cos 55... 34 Ir.dpls St Rv 4s 65% G 6% Ir.dols Trac <te Term Cos 5s .. 94% 96% Indpls Union Ry 5s 100 Indpls Water Cos Ist 5%s 103 105 Indpls Water Cos Ist 5s 96 Indpls Water Cos 4'/s 96 Water Works Sec 5s 95 99’% Interstate Pub S Cos 4%s 89 % 91 Interstate Pub S Cos 5s ... 94 98 Interstate Pub S Cos 6'%s 101'% N Ind Pub Serv 5s 99 101'% T H I & E Trac Cos 5s 80 T H Trac & Lt Cos 5s 93 ... Union Trac of Ind Cos 6s 11 14 Government Bonds Liberty Loan Ist 3%s $ 99.20 99.40 Liberty Loan Ist 4%s 100.62 100.82 Liberty Loan 4th. 4%s 100.84 101.04 U S Treasury 4%s 111.62 111.82 Liberty Loan 3d 4'is 99.84 100.04 U S Treasury 4s 106.68 106 88 U R Treasury 3%s 103.82 104.02 U S Treasury 3%s 99.08 f?.23 Storm Causes Death Bit Times Special ANDERSON, Sept. 7.—Funeral services will be held today at Orestes for Mrs. Lenna Shipley, 48, who died here Thursday. Death was caused by injuries and results of exposure received during the hurricane in Florida two years ago.

We Make First Mortgage Loans on Improved Indianapolis Real Estate Hours: 8 A. M. to 5 P. M. Daily —Prompt Service —No Inspection Fee The MeyerKiser Bank 128 E. Washington St.

Pair in Recital

JhIM iYivarawi V jl W ,y ■" M i • / fw f f 4

Leonard Franklin Leonard Franklin, tenor, a student of Edward LaShelle, and Randall Young, pianist, are to appear in a joint recital Tuesday night. Sept. 11, at the Mt Zion Baptist Church. Both artists are popular in the musical circles of the city and are being presented under auspices of the Sunday School of the church. Henry Campbell will be the accompanist. Building Permits R Bryson, garage. 2344 N. Rural. $250 R.. Bryson, dwelling. 1205 W. ThirtyFourth. $6,000. R. T. Clark, garage. 441 Drexel. S2OO. M. Vogt, garage, 3926 E. Michigan. $250 W. W. Thornton, oil burner. 2021 N. Delaware. $775. J. J. Price, oil burner. 1435 N. Alabama. SSOO. C. A. Hockensmith, oil burner, 22 W. Twenty-First. $468. F. G. Darlington, oil burner. 1240 N. Delaware. SBBS B. Cohen, oil burner, 5002 Washington Blvd.. $750. M. T. H. S. A. field, oil burner, Madison and Pleasant Run Blvd., S3OO. C. Mittman. addition. 714 E. Minnesota. $550. E. Schultz, excavation. 2750 Olney. S4OO. C. Mick, boiler. 11l W Thirtieth. SI,OOO. H. Frommeyer, addition, 2156 N. Meridian. $3,000. K. E Stewart, dwelling. 629 Bright. $5,000.

Excursion to Cincinnati Round Trip To Shelbyville . .$ .75 “ Greensburg.. 1.25 “ Batesville ... 1.50 Sunday, Sept. 9 Special train of all-steel equipment will leave Indianapolis 7:00 a. m. Central Time (8:00 a. m. City Time); returning leave Cincinnati 7:15 p. m., Eastern Time, same date. Tickets at City Ticket Office, 112 Monument. Circle. Phona Riley 3322 and Union Station. BIG FOUR ROUTE

$6.00 vTp and NASHVILLE SATURDAY, SEPTEMBER 8 SPECIAL TRAIN—PENNSYLVANIA RAILROAD SATURDAY. SEPTEMBER 8 Lv. Indianapolis (Union Station) - - 9.15 P. M. SUNDAY, SEPTEMBER 9 LOUISVILLE & NASHVILLE RAILROAD * Ar. Nashville - - 6.30 A. M. RETURNING Lv. Nashville - - - 8.45 P. M. Special Train from Nashville will arrive in Indianapolis at an early hour Monday morning, September 10 Excursion Tickets good *v in coaches on trains shown will also be sold to Elisabethtown, Horsr .e, Glasgow Jet., Bowling Green, Franklin, Ky., and Gallatin, Tenn. CITY TICKET OFFICE 116 Monument Place, Indianapolis, Ind. Phone -'BUcy 7353 PENNSYLVANIA RAILROAD In Connection with LOUISVILLE & NASHVILL RAILROAD

REDUCED RATES and ADDED SERVICE INDIANA STATE FAIR Sept. 3 to 8 Additional trains—extra service Ask Your Local Agent for the Bargain Rates Tickets good going on all morning trains Return anytime after 4:00 P. M. No Parking Troubles—Save Your Money and Yourself to Enjoy the Fair INDIANAPOLIS AND SOUTHEASTERN R. R. (Formerly I. & C. Traction Cos.)

M 22 EXCURSION *J22 &wM*Hound fcfcßonnd * Trip TO Jfc Trip CHICAGO Saturday Night, Sept. 8 via OlMliMlfca CHICAGO, INDIANAPOLIS & LOUISVILLE KY. Tickets Good in Coaches Only SPECIAL TRAIN Leaves Indianapolis 11:30 p.m. Leaves Boulevard Station . • . 11:45 p.m. Arrives Chicago 5.00 a. m. (6 a. m. Chicago Time) Returning Special Train Leave* Chicago Sunday Night, September 9, 7:00 p. m. (8:00 p. m. Chicago Time) Arrive* Indianapolis 12:00 Midnight Purchase Tickets et City Ticket Office, Union Station, or Boulevard Station (vOO/J

PAGE 29

ROBINSON ON STUMP FOR AL IN TENNESSEE Gets Enthusiastic Greeting in Nashville; Flays G. 0. P. Bu United Press NASHVILLE. Term., S?pt, 7. Campaigning ln the State for whoso control some of the hardest fought battles of the Civil War were waged. Senator Joseph T. Robinson. Democratic candidate for Vice President, started for Chattanooga today to continue his efforts to hold Tennessee in the Democratic camp. After speaking there, he will go to Knoxville, where the Tennessee campaign will end Saturday night. Nashville's response to his address Thursday night left Senator Robinson confident that this section of the State at least will go strongly Democratic. A Smith club of four thousand members has been organized here and many of its members participated in a parade for Robinson. Senator Robinson placed the blame for the troubles of the Republican party directly on an alleged lack of executive ability in Harding or Coolidge. He blamed Harding for appointing and Coolidge for continuing in office and "whitewashing” Cabinet members and bureau heads unfitted for public service. “With half of Alfred E. Smith's knowledge of men,” Robinson asserted, “they could have prevented the oil. foreign property management and veterans bureau scandals.” The word “cereal” is derived from "Ceres," the name of the Roman goddess of corn and harvests.

United States Third Liberty Loan Bonds , eeWill mature September 15,1928, and interest will ceast after that date. We will ba pleased to accept these bonds at par and accrued interest to mt* turity in exchange for any Municipals, Gravel Road, Territorial or Joint Stock Land Bank Bonds on our list. Tletcher American Company A ffiliated with Tie Fletcher American National Bans