Indianapolis Times, Volume 40, Number 99, Indianapolis, Marion County, 14 September 1928 — Page 25

SEPT. 14,1928.

GRAIN FUTURES , EASE SLIGHTLY IN CHICAGO PIT Traders Accept Wheat Level as Stable; Cash Market Is Strong. By United Press CHICAGO, Sept. 14. Wheat prices eased slightly in a listless market on the Board of Trade to"ftay. September corn again advanced but the deferred futures weakened. Oats was little changed. Wheat opened l-4@3-8c off, corn ranged from l-8c off to l-2c up and oats was unchanged to l-8c off. Provisions were slightly higher. The belief has been growing among wheat traders that prices are at a reasonable level. Bearish hopes are based on the long delayed spring wheat movement. The fact that May wheat has lost only l-4c in a month is .pointed to as an indication that the market has achieved stability. Leading longs in September corn have been selling on advances, and although the short interest is still large, trade in the delivery has become more two-sided. Storms were reported in lowa and Nebraska overnight. Stocks of oats in Chicago elevators have been cut by light receipts. The cash market has shown increasing strength. Chicago Grain Table WHEAT— ~ S€Pt- 14 -~ prev „ . „ High Low 12:0(1 close! September ...1.08% 1.07% 1.08% I.OBV December ....1,12% 1.12% 1.12% 1.12% March 1.17% 1.17 1.17% 117% CORN—■."" I ' 2 ° Vi 120 I ' 2 ° ,/ 1-2014 September ...1.00% .99% 1.00 .99% December ... .76% .75% .76 76 March 77% .77% .77% .77% M OATS— 801/2 - 80 - 80 ’i .80% September ... .41 ... 41 41 December ... .41% ... 141 % |41% RYE-1 4 ? - 43 143 September ... ot December 92% .92 .92% .91% March 96 ... .95% .95% LARD— September ..12.80 12.80 12.80 December ...13.10 13.05 13.02 Ja 13 ' 20 13-20 13-17 September ...* 142= October ...14.22 14.20 I*os By Times Special CHICAGO. Sept 14.—Carlots: Wheat. 72; corn, 115; oats, 49; rye, 2.

Commission Row

PRICES TO RETAILERS FRUITS Apples—Duchess. [email protected]: Wealthy. [email protected]. Cantaloupes—Tip-top. bbl., $3. Grapes—California Malagas. $1.50 crate; seedless. $1.25®1.50. Huckleberries—Michigan. $4; 16 at. crate. Lemons—California. $7.50(38 crate. Limes—Jamaica. $1.75(<i2.25 per 100. Melons—Honeydew. California. $2.75®3. —California Valencias. 57®9.25 Peaches—Albertas, [email protected]. Pears—Washington, per box. 63.255t3.50. Plums—California. $2(6(3 crate. Watermelons—Florida. 40fft60c each. VEGETABLES Beans—Home-grown stringless. $2®2.50 bu.; Kentucky Wonders. $1.75®2. Beets—Home grown. 30c dozen. Cauliflower—California. [email protected]. Cabbage—Fancy home grown. $2 bbl. Celery—Michigan. $101.25 crate. Corn—Fancy home grown, 15@25c doz. Cucumbers—lndiana hothouse. home grown. 40(550c Eggplant—sl.2sol.so. Kale—Spring. 60c bu. Mustard—Fancy, home grown 60c bu. Okra—Tennesse, $1.25 basket. Onions—Home grown, green, 25040 c doz.; home-grown vellow. [email protected]. 50 lbs..: Utah, large. $4.50 per crate. Parsley—Home grown. 50e doz. bunches. Peas—California, $5, 45-lb. crate. Peppers—Home-grown Mangoes 75c® $1.25. Potatoes—Kentucky cobblers, $2.15®>2.25 bbl.; fancy home grown. $2.75 120 lb. bag. Radishes—Hothouse. Button. 50c dozen bunches. Spinach—Fancy home grown $1.50 bu. Sweet Potatoe.—Carolina. $5®5.50 a bbl. Tomatoes—Hone grown. [email protected]. Turnips—Home grown. $1.25 bu. MISCELLANEOUS Cider—s4.so 6-gal case: $4.75 doz., %- gal. jars.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Sept. 14.—Secretary Mellon’s statement to the President on the condition of industry and its association with finance, deserves more than passing attention. He finds business in a fundamentally sound condition and with bright prospects. However, he points out that, so far, business prospertiy has not been disturbed by high money rates but at the same time he does not forget to warn us that if credit sringency coninues our prosperity may be disturbed. We of the stock market are prone to give the secretary’s words their proper attention, which brings us to a point of realization that the market cannot go on borrowing forever without theie being a sound foundation upon which to expand credit. Generally, the situation sums itself up into this—that here and there throughout the list some stocks will disregard the general situation and continue to advance. At the same time, we must not overlook the fact that there has been sizeable liquidator, going on and this will probably continue until there is evidence that our borrowing capacity is increased. If we were making additional long commitments we would limit ourselves to the purchase of those insues enjoying a big market.

In the Cotton Market

(By Thompson & McKinnon) NEW YORK. Sept. 14.—Liberal selling orders from a leading spot house closed Thursday’s market at the lowest price for the season. Weakness of October position Indicates possibility of southern shipments to New York. As long as weather is favorable, rallies are technical and temporary. We think the producer is anxious to convert his crop into cash. By United Press 1 NEW YORK, Sept. 14—Cotton futures opened steady, October 17.55, unchanged; December 17.51, unchanged; January 17.44 off .01; March 17.43, unchanged: May 17.40, off .05: July 17.35. unchanged.

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

New York Stocks

(By Thomson & McKinnon)

—Sept. 14— Railroads— Prev. High. Low. 12:00 close. Atchison 194% ... 194% 192% Atl Coast Line 169 Balt & Ohio ...115% 115 115% 114% Canadian Pac ..213 ... 212% 212% Chesa & Ohio 186 Chi & Alton 10% ... 10% 10% Chi & N West... 85% ... 85% 85'% Chi Grt West 13 % C R I & P 122% Del & Hudson.. .197% ... 19714 191 Del & Lacka... . ... ... 133% Erie 60 ... 60, 59% Erie Ist pfd ... 56% 59% 5914 59 Grt Nor pfd ...100 ... 100 99 111 Central 144 143% 144 143% Lehigh Valley ..104% ... 104% 104% Kan City South 58% ... 58% 59% Lou & Nash ... ... 145% M K & T 41% 41 41% 41% Mo Pac pfd 121% ... 120% 121 % N Y Central ...176% 176 176% 175% N Y C & St L. 125% N Y N H & H.. 64 63% 64 63% Nor Pacific ... 98 ... 98 97% Norfolk & West 182 Pere Marquette. .. ... ... 130 Pennsylvania ... 64% 64% 64% 64% P & W Va ... 147 Reading 106 ... 106 105% Southern Ry ... ... 152% Southern Pac ..125% 125% 125% 125% St Paul 37'% ... 37% 37% St Paul pfd 53% ... 53% 53% St L & S W ..110% 109% 110% 108 St L & S F 115% Texas & Pac ...185% ... 185% 185 Union Pacific ...196% ... 196% 196% West Maryland.. 46% 45% 46 45% Wabash 84 ... 84 83% Rubbers— Ajax 8% ... 8% 8% Fisk 10% ... 10% 10% Goodrich 80 ... 80 80% Goodyear 63% ... 6374 63% Kelly-Spgfld 23% 23 23% 22% Lee 19% ... 19% 19"% United States ... 42 ... 42 42 Equipments— Am Car & Fdy ... 96 Am Locomotive. 97% 97% 97% 96 Am Steel Fd 53 57% 58 57% Am B Shoe 41% 41% 41% 41% General Elec ...171% 170% 171 170% Gen Ry Signal ..102% 101% 102 101% Lima Loco 49% N Y Air Brake 46% 45% 46. 45% Pressed Stl Car 23% 23 23"% 22% Pullman 82% ... 82% 82% Westingh Airb.. 46 45% 46 45'% Westingh Elec ..110% 109% 110% 108% Steels— Bethlehem 67% 86 67% 6a % Colorado Fuel 64 Crucible 80 79 80 78% Gulf States Stl 70% Inland Steel .... 69 ... 69 68 Phil RC & 1.... 31% ... 31% 32 Rep Iron & Stl.. 88 87 88 86% Otis Steel 28% 28% 28% 27% U S Steel 159 158% 158'% 158 Alloy 4174 ... 41% 41% Youngstwn Stl.. 94 ... 94 94% Vanadium Corp.. 8274 8174 82 8074 Motors— Am Bosch Mag 3774 37% 37% 3774 Chandler 23 Chrysler Corp ..10874 107% 108 10774 Conti Motors ... 13% 1374 13% 13'% Dodge Bros 21% ... 21 74 21 74 Graham Paige . 48 4774 48 47 General Motors 20974 2077s 208% 20674 Hudson 81% 8074 8074 81% Hupp 75% 73% 75 72% Jordan 10% 974 10% 1074 Mack Trucks .. 95% ... 9574 937s Martin Parry .. 24 7s ... 2474 2374 Moon 7% ... 774 7 Reo 33% 32 33 3174 Nash 95% ... 95% 95% Paokard 8874 8774 88 86% pferce S Arrow i5% !!! ‘ii% 15 Studebaker Cor. 8274 ... 81% 81% Stew Warner ...108 ... 106% 10674 Eaton Axle 57% 57 74 57 % 57% Timken Bear ...139% 138% J 39 1377a Willy s-Overland. 2474 ... 24% 2474 Yellow Coach .. 36 74 35 % 367s 3574 White Motor 38% Mining— Am Smlt & Rfg. .248 74 24 7 248 % 24C74 Anaconda Cop .. 78% 78 787* 77% Calumet & Ariz. .109 74 1 06% 108 105 Cerro de Pasco. 93 91% 93 89% Chile Copper.. 5274 ... 5174 57% Greene Can C0p.121 119 120 120 Inspiration Cop. 2474 .. 2474 24% Int Uickel 13074 128 13074 12874 Kennecott Cop.. 9974 ... 99 97% Magma Cop .... 59% ... 59% 59% Nev Cons 26 ... 26 267 8 Texas Gulf Sul.. 71% 70% 7174 70% U S Smelt 49% .. -1974 49 Oils— Atlantic Rfg ...174% 173 174 17174 Barnsdale 3674 3374 3674 3274 Freeport-Texas.. 65% 6272 6574 62 Houston Oil ....14372 ... 14374 14074 Indp Oil & Gas. 2874 ... 2874 28 Marland Oil .... 40 39 74 V 28% Mid-Cont Petrol. 3474 3474 3474 3374 Lago Oil & Tr ... 31 Pan-Am Pet 8... 44% ... 44 4374 Phillips Petrol.. 4174 4014 4174 4074 Pro & Rfgrs 25 ... 25 24% Union of Cal . .52 51 74 5 2 51 Pure Oil 2474 24 2474 23% Royal Dutch 58% Shell 2774 26% 2774 27% Simms Petrol ... 22 ... 22 21% Sinclair Oil 27% 2 7 27 74 26% Skelly Oil 33% 33 33% 33 Std Oil Cal 59% 5974 59% 59 Std Oil N J 45% 45 74 4 574 45 74 Std Oil N Y 3674 35% 36 35% Texas Corp 72% 7174 72% 7174 Transcontl 874 ... B>, 8 8 Richfield 49 48 49 48 Industrials— Adv Rumely .... 56 ... 56 5474 Allis Chalmers .... 136 Allied Chemical. 19974 197 19974 19874 Armour A ...... 2274 ... 22 22 74 Amer Can -07% • 107 • 10774 10674 Alaska J 474 ... 4>4 4 Am H L pfd ... 47 Am Linseed 114 116% 113 115 Am Safety Raz 72 74 71-74 72 74 77 74 Amer Ice 44% 44 74 44 74 45% Amer Woolen 36% Coca Cola 172% Conti Can 122 ... 122 123 Congoleum .... 2774 2 6 27 74 27 Curtis 150 149 149% 146 Davison Chem .. 6374 6274 63 6174 Dupont 393 390 393 390 Famous Players 14274 1417 k 14274 14174 Fox (A) 10874 10574 107 106% Int Bus Mch 13074 Int Cm Engr 6874 6774 68 6774 Int Paper 67% Int Harvester 294 Lambert 121 120% 121 120 Loews 6474 6374 64 664 Keivinator 9% 9 974 9 Mtntgom Ward 251 250% 25074 246 Natl C R 9374 92 9274 9074 Pittsburgh Coal 4774 Owens Bottle .. 8014 ... 8014 81 Radio Corp 21 4 209 74 211 210 Real Silk 36 Rem Rand .... 2774 2674 27 2674 Sears-Eoebuck ..15474 15274 154 ’ 153% Union Carbide .17814 178 178% 178 U S Leather .... 43% 43 43 74 43% Univ Pipe 20% ... 2074 ... Victor 11174 11074 11174 11074 Warner Bros A .119 11574 11874 117 Warner Bros B 117 115 117 116 Utilities— Am Tel & Tel ..18174 18174 18174 181% Am Express .. „ 227 Am Wat Wks ... 58% ... 5874 5874 Brklyn-Manh T 7274 71% 7274 72V* Col G & E 126% 126 126 74 124 74 Consol Gas 8074 ... 80 80 Elec Pow & Lt 37% Commonwealth P 85 Nor Am Cos 7574 ... 75 % 75% Nat Power 36 ... 35% 35% Pub Svc N J 6714 67% 6774 67% S Cal E 50% 50 50% 50 Std Gas &El ... 72 74 7 2 72 % 71% Utilities Power.. 41 ... 41 41% West Union Tel 152% Shipping— Am Inti Corp ..114% 11274 114 11174 Am Ship & Com. 5% 574 5% 4% Atl Gulf &W I. 5574 ... 55 % 55% Inti Mer M pfd. 36 35% 36 35 United Fruit 135 Foods— Am Sug Rfg ... 77% ... 77 76% Am Beet Sugar 22 74 Beechnut Pkg ... 77% California Pkg 77 Corn Products.. 89% 8874 8974 87% Cuba Cane Su p 1774 ... 1774 18’ Cuban Am Sug 18 Cudahy 73 ... 72% 73 Fleischmann Cos. 79 78% 79 77% Jewel Tea 127 Loose Wiles ... 32% 81 74 81% 8014 Natl Biscuit 177V* 177 177% 177'% Nat Dairy 10114 101 101% 99% Postum Cos 73 74 72 % 73 7214 Ward Baking 8.. 17 ... 17% 18 ' Tobaccos— Am Sumatra.... 70% ... 7074' 7074 Am Tobacco 167 Am Tob B 16674 Con Cigars 93 General Cigar.. 62% ... 62% 62 Lig & Mevers ... 91 Lorillard 31 R J Reyomds 143 Tob Products B. .107% 107 107% 10774 United Cigar St 29 ... 2874 29 ,chulte Ret Strs 59 ... 5874 6574

Local Wagon Wheat

Local grain elevators are paying $1.33 for No. 2 red wheat and $1 for No. 2 hard wheat. Other grades are purchased on their merits.

PORK MARKET HOLDS STEADY AT OTT YARD Hog Receipts Total 5,500; Vealers Sell for 50 Cents Lower. Sept. Bulk Top Receipts 7. 12.70&713.25 13 25 4.500 8. 12.60%13.15 13.25 3.500 10. 12.75® 13.25 13.25 5.000 11. 12.60 V/ 13.15 13.25 6.000 12. 12.70(0)13.25 13.35 4.500 13. 12.700713.25 13.35 5.000 14. 12.70® 13.25 13.35 5,500 Hogs mostly were steady with Thursday best prices, with the bulk of 140-300-pound weights selling at j $12.70@ 13.25, and the top bringing $13.35 at the Indianapolis stockyards today. Receipts were estimated at 5,500 and holdovers from Thursday were 544. The cattle market was steady, with not enough steers to make a market and she stock was considerable steady. Vealers were about 50 cents lower, selling mostly $lB down. The top brought $18.50. The sheep and lamb market was steady, with lamb early sales steady, and the later tone weak to lower. The early top was quoted at $14.75. Very few lambs at the close sold at sl4. Good lambs brought about sl4 @14.50. The Chicago hog market opened slow to strong with Thursday’s best prices. Few loads of good to choice 180-220-pound averages brought $13.35® 13.50. Strictly choice loads held higher, and bidding around [email protected] on 240-250-pound weights. Receipts, including 1,500 directs, totaled 10,000. Heavy butchers were steady in an unchanged market, selling at $12.40 @12.90 at the city stockyards today. Other quotations were as follows: 200-225 pounds, steady, bringing $12.90® 13.25; 160-200 pounds, 10 cents higher on the bottom price at [email protected]; 130-160 pounds, steady at $12.50® 13; 90-130 pounds, [email protected], and packing so/?s, sll @l2. Beef steers was steady to 25 cents higher, selling at sls @18; beef cows brought $9 @ 11.50; low cutter and cutter cows sold for [email protected], and bulk stock and feeder steers were selling at sß® 12. Receipts were 700. B’est vealers brought sl7 @18.50, 50 cents lower, and heavy calves sold for s7@ll. Receipts were about normal at 700. The sheep and lamb market was steady to unchanged. Top fat lambs brought $14.75; bulk fat lambs were bringing $13.75® 14.50. and fat- ewes sold at [email protected]. Receipts numbered 1,300. —Hops Receipts. 5.500; market, steady. 250-350 lbs $12.40®12.90 200-250 lbs 12.904713.25 160-200 lbs 13 25ft.13.35 130-160 lbs 12.50ft)13.00 90-130 lbs 11.004712.25 Packing sows [email protected] -CattleReceipts. 700; market, steady to higher. Beef steers U 5 00®18.00 Beef cows 9.ootfill/50 Low cutters and cutter cows... 5.50 ft! 7.50 Bulk stock and feeder steers.. 8.00ft!l2.00 —Calves— Receipts. 700: market, steady to lower. Best vealers $17.001718.50 Heavy calves [email protected] —Sheep— Receipts. 1,300; market, steady. Bulk fat lambs 13.75@14 50 Fat ewes 4.50® 6 50 Other Livestock Bu United Press TOLEDO. Sept. 14.—Hogs—Receipts. 1,000; market, slow; steady, but strong on mediums; heavies, $12.25ft13; medium. $13.25ft 13.50; Yorkers. [email protected]; good pigs. $12.504712.75 Cattle—Receipts, 1,200; mostly stockers and feeders. Calves—Receipts, 1,200; market, strong. Sheep and lamps—Light; market, steady. By United Press PITTSBURGH. Sept. 14.—Hogs—Receipts 850; market steady: 250-350 lbs.. $13.65; 200-250 lbs., [email protected]; 160-200 lbs.. $13,504/13.85; 130-160 lbs.. [email protected]; 90-130 Tbs., $124/13.25; packing sows. sll 4711.75. Cattle —Receipts. 25; market firm; beef steers, $12ft!15.75; light steers and heifers. $10.504715.25; beef cow.', $8,504/11; low cutter and cultter cows. $5 <7B; vealers, $164719.50; heavy calves slo® 16.50. Sheep —Receipts, 300; market weak; top fat lambs. sls; bulk fat lambs. $12.50@15; bulk cull lambs, sß@ll. By United press EAST BUFFALO. Sept. 14.—Hogs Receipts. 3,700: holdovers. 1.100; market strong to lOc up; 250-350 lbs., $12.90® 13.50; 200-250 lbs.. $13(713.75; 160-200 lbs.. $13.251713.75; 130-160 lbs., $12.90 13.60; 90-130 lbs.. $12.75 4713.25; packing sows. $11.22® 13.25. Cattle— Receipts, 400; calves, receipts, 600; market steady; calves 50c up; beef steers, $134716.75: light yearling steers and heifers. $14.50® 17.35: beef cows, $8.50 47 1 0.50; low cutter and cutter cows. [email protected]; vealers. sl9®2oc. Sheep —Receipts. 2,400; market 25c down: bulk fat lambs, $14.7 5 4715: bulk cull lambs. $lO @l2; bulk fat ewes. [email protected]. By United Press CINCINNATI. Sept. 14.—Hogs—Receipts. 3.900: holdovers, 1,300; market, mostly 10 4715 c up; 250-350 lbs.. $12.354713.25: 200250 lbs., $12.85® 13.50; 160-200 lbs, $12.50® 13.50: 130-160 lbs.. $124713; 90-130 lbs, $9,504712.25; packing sows. $9.754711.75. Cattle—Receipts, 325: calves, receipts. 300; market, veals 50c to $1 lower; beef steers, $114714.50’ light yearling steer sand heifers. $104714.50: beef cows, $7.754711; low cutter and cutter cows. $5.50477; vealers. [email protected]; heavy calves, $94714; bulk stock and feeder sters. $10.504711.50. Sheep—Receipts, 1,500: market steady; top fat lambs. sls; bulk fat lambs. $124714.75; bulk cull lambs, s7@lo; bulk fat ewes, $4 @6.60. Bn United Press CLEVELAND, Sept. 14.—Hogs—Receipts. 1,000; market steady; top, $13.70; 250-350 lbs, $134713.50; 200-250 lbs, [email protected]; 160-200 lbs, $13.254713.70; 130-160 lbs, [email protected]; 90-130 lbs, $12.754713; packing sows, $10.754712.25. Cattle—Receipts. 650; calves, receipts, 20; market slow, steady; beef steers. $1147 1 2.75; beef cows. $7.75® 10; low cutter and cutter cows. $6477.25; vealers, $164715. Sheep—Reeceipts. 1,500; market steady: top fat lambs, $15.50: bulk lat lambs, $15C715.25; bulk cull lambs. $10.504712; bulk fat ewes. ss®7. By Times Special LOUISVILLE, Sept. 14.—Hogs—Receipts, 800; market 10c higher; heavy and medium hogs. 180 lbs. up. $12.704/T3.20; pigs and lights, 180 lbs. down, [email protected]; stags and throwouts, $10.104710.70. Cattle —Receipts. 500 market steady; prime heavy steers. [email protected]; heavy shipping steers, $12.504713.50; medium and plain steers, $1047 1 2.50 fat heifers, $7,504/13.50; good to choice cows, $8.50(fi)10; medium to good cow's, $7478.50; cutters, $6477; canners, $5 4/5.75; bulls. $6478.75; feeders $94712; stockers, $7.50 4711.50. Calves—Receipts, 700; market steady, good to choice, sl4 4716; medium to good, $1247 14; outs, sl2 down. Sheea—Receipts, 600; market steady; lambs, $12.504/13;seconds, SB4/8.75; sheep. s4@6; bucks. [email protected]. Thursday’s shipments—Cattle, 152; calves, 39; hogs, 269; sheep, 515.

MONEY TO LOAN . —ox— MORTGAGES STATE LIFE Insurance Cos. UN mn LIJTT, BLOO.

THE INDIANAPOLIS TIMES

Indianapolis Stocks

—Sept. 14— Bid. Ask *mer Central Life 650 Belt R R & Yds com 68% 72 Belt RR & Stkvds pfd 59% 63 "Central Ind Power Cos pfd .. 95 99 •Circle Theater Cos com 104 ... ' Cities Service Cos com 66% ... Cities Service Cos pfd 99% ... Citizens Gas Cos com 56% 58 "Citizens Gas Cos pfd 101 103% Commonwealth Loan Cos pfd.. 99% ... Equitable Securities Cos com Hook Drug Cos com 33% ... Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 101 Indiana Service Corp pfd .... 90 Indianapolis Gas Cos c0m.... 60 64 Indpls & Northwestern pfd... 7 Indpls Water Works Cos 5 pfd. 101 103 "Indpls P & L 6s pfd ......104 106 Indpls P & L 7s 100 103 IndDls Pub Wei Ln Assd 47/i Indpls St Ry Cos pfd 36% 40 Interstate PSC prior 1e1u....103% 107 Interstate P S C 6s pfd 93 99 Merchants Pu Uti) 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 c0m.... 35 E Rauh & Sons Pert Cos pfd. 50 Real Silk Hos Cos pfd 92% ... Standard Oil of Indiana 75% ... T H I & E> Trac Com 1% ... T H I & E Trac Cos pfd 11 T H Trac & Lt 93 Union Trac Cos com % Union Trac Cos Ist Dfd 1 Union Trac Cos 2nd ofd % Union Title Cos com 80 Van Camp Pack Cos pfd 14 Van Camp Prod Ist pfd 98 101 Van Camp Prod 2d pfd 92 97 •Ex-dividend —Bonds— Belt R R & Stk Yrds 4s 89 Broad Ripple Trac Cos 5s .... 77 80 Citizens Gas Cos 5s 100% 102% Central Ind Power Cos 6s 101% ... Chi S B & N Ind 15 Citizens Gas Cos 5s 100% 103 citizens St R R 5s 86 86% Gary St Ry 5s 85 BO Home T & T of Ft Wayne 65..102 Indiana Hotel Cos as 101 ... Ind Northern Trac Cos 6s 4 Ind Ry & Lt Cos 6s 98% ... Ind Service Corp 5s 93 Indpls Power and Lt Cos 5s .... 99 101% Ind Union Trac Cos 5s 2 Indpls Col & So Trac 6s 100 102 Indpls Gas Cos 5s 100 Indpls & Martins Trac Cos 5s 31 Indpls & Northw Trac Cos 55.. 10 13 Indpls & Northw Trac Cos 55... 34 Indpls St Ry 4s 66% 67 Indpls Trac & Term Cos 5s ... 94'/a 96% Indpls Union Rv 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 90 91 Interstate Pub S Cos 5s 94 98 Interstate Pub S Cos 6%s 101% ... N Ind Pub Serv 5s 99% 101% T H 1 & E Trac Cos 5s 80 T H Trac & Lt Cos 5s 92 Union Trac of Ind Cos 6s 11 14 *1953 and 1954 issues. -

Produce Markets

Butter (wholesale price) No. 1. 52@53c: No. 2. 49’/a®soc. Butterfat (buying price)—soc. Cheese (wholesale selling prices, per pound) —American loaf. 35c: pimento loaf. 37c: Wisconsin flat, 28c: prime cream. 22c; flat Daisy. 29c; Longhor*. 29c: New York Limberger. 30c. _ . . „ . . Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. 29@30c. Poultrv (buying prices)—Hens. 234724 c: Leghorn hens. 17® 19c. 1928 spring, large breed. 2 lbs. and up. 27@28c: 1% to 1% lbs., large. 22® 23c; old roosters, large. 12 4713 c; small. 104713 c; ducks. 10@15c; geese. B@l3c; guineas, voung. 50c: old 35® 37c. Bu United Press NEW YORK. Sept. 14.—Flour—Quiet. Pork—Firm: mess, $33.50. Lard—Firm; midwest spot. $13.35® 13 45. Sugar—Raw, firm: spot 96 test, delivered duty paid, 3.99 c; refined quiet: granulated. 5 65c. Coffee—Rio No. 7 on spot, 17%@17%c; Santos No. 4. 23%@23 3 *c. Tallow—Steady: special to extra. 8%/-B*ac. Hay—Quiet; No. 1. $1.35; No. 3. sl4/1.20: clover. 90c 4j $1.30. Dressed poultry—Firm; turkeys. 25ft 60c; chickens, 30ft 47c: ducks. 18®19c; fowls. 16ft 34c; Long Island. 2447 25c. Live poultry—Firm: geese, 10ft20c; ducks. 1547 26c: fowls, 28ft 35c: turkeys, 28®35c; roosters. 20c; broilers. 31@42c. Cheese— Quiet: sr,ate. whole milk. 2647 27c; voung Americas, 27c. Potatoes—Long Island. $1,254/2.85; Jersey, $1,504/ 1.75; southern. $1,254/ 1.75; state. $3.25ft 4.10. Sweets Unq>ioted. Butter —Firm; receipts. 10.529: creamery extras. 49%c; special market. 50 ft 50%c. Eggs— Firm: receipts. FJ.805; nearby white fancy, 56ft 59c; nearby State whites. 384(52c; fresh firsts. 32ft 34c; Pacific coasts. 351735 c; western whites, 33® 44c; nearby browns, 37%@50c. Bu United Press CLEVELAND. Sept. 14.—Butter—Extras In tub lots. 514/53c: extra firsts. 46%4 v 48%c; seconds, 42%@44%c. Eggs—Extras. 39c; extra firsts, 37c; firsts, 34c: ordinaries, 28%c. Poultry—Heavy fowls. 30@31c; Leghorns. 22ft 23c: heavy springers. 34 ft 35c; Leghorn springers. 30@31c; ducks. 22 @24c; old cocks. 16ft 18c. Potatoes—lso- - bags, Jerseys. $2,154/2.25; home grown, bushel sacks. 75ft 85c; West Virginia, 150lb. sack3, $2.354/2.40. Bui nitrd Press CHICAGO. Sept. 14.—Poultry—Receipts. 5 cars; fowls. 20ft 24c; Leghorns. 21%c: springs. 2147 29c: ducks. 184/23c; geese. 16 4/20c; turkeys, 29c; roosters, 18c; broilers. 30c. Cheese—Twins. 25ft25'*c; young Americas, 25%@26c. Potatoes—Arrivals, 63; on track. 121; In transit, 723; Wisconsin sacked Irish cobblers. 70c@$1.10: Minnesota sacked Irish cobblers. $1; sacked Early Ohlos. 90c@$l Nebraska sacked Irish cobblers. $1.20 @1.25; sacked triumphs. $1.25; Missouri sacked Irish cobblers, 90c 4/sl. Births Boys Dallas and Helen Humphrey. 1323 Olney. John and Goldie Runkle, 949 E. Maryland. William and Martlne Knapp. 2013 Miller. James and Elizabeth Shuck, 333 Minerva. Louis and Mae Gilbert, 1030 N. Gross. Raymond and Mildred Foley, 3124 N. Harding. Girls Clyde and Lizzie Caldwell, 1202 Congress. Jess and Catherine Haskell, 2429 N. Dearborn. Frank and Bernice Deury, 118 Geisendorf. Samuel and Loraine Washington, 613 W. St. Clair. Deaths Norma Phillpena Lobbe, 22, 928 Union, pulmonary tuberculosis. Donald Coffey. —, 21st and Gent, premature birth. Elijah I. Barton. 77, 23 S. Mount, chronic myocarditis. Theodore Richey. 77. Methodist Hospital, acute dilatation of heart. Ralph Gasaway. 29. Sixteenth and Capitol, diabetes mellitus. James Dale, 11 mo., city hospital, general tuberculosis. Eva Weeden, 8 mo., city hospital malnutrition. Elizabeth Stewart, 39, city hospital, chronic nephritis. Annie Bedell. 45, 812 W. Michigan, acute myocarditis. Charles S. Hatton. 65, St. Vincent Hospital. acute dilation of heart. Will R. Hancock, 61, 3905 Washington Blvd., carcinoma. Ambrose C. Herbert, 50. city hospital, acute nephritis. Anna W. Davidson, 18, 2832 School, tuberculosis. Harold Libowitz, 22. Methodist Hospital, 2nd degree burns. Ella V. Ritchie. 73, 145 E. Nineteenth, acute cardiac dilatation. Mary A. Cooper, 52, city hospital, broncho pneumonia. Jean Frances Fritz, 18 days, 56 S. Summitt. inanition. Hoover Club Treasurer Named" Felix M. McWhirter, Indianapolis banker, was named treasurer of the State Hoover-for-President Clubs Thursday by Oscar G. Foellinger, chairman. McWhirter is president of the People’s State Bank and a member of the United States Cham ber of Commerce.

Jk

A Safe Investment Selected for Security and Income City Trust Co.’s sy 2 % First Mortgage Certificates City Trust Company DICK MILLER, Pres. 108 E. Washington St.

BULLISH TREND STARTS STOCKS LISTJWCLIMB Low Increase in Brokerage Loans, Gold Shipment Aids Market.

Average Stock Prices

Average of twenty industrials Thursday was 240.20, off 1.28. Average of twenty rails was 142.56. off .04. Average of forty bonds was 96.45, off .02. By ELMER C. WALZER United *ress Financial Editor NEW YORK, Sept. 14.—Bullish overnight developments helped restore confidence on the stock exchange today. After opening firm in most sections the list resumed its upward course with a few exceptions such as the entertainment stock group. An increase of less than $96,00u,000 in brokerage loans for the week ended Sept. 11, compared with expectations of an expansion of around $150,000,000 and hence was favorable. The Federal Reserve report showed the reserve buying United States Securities, another factor helping the market. Announcement of a shipment of $2,500,000 of gold leaving London for New York also was a stimulant. General Motors spurted three points to anew high on the movement at 209 Vi and within li point of the record high for the present shares. Chrysler reached anew high at 108% up %, and new peaks for the year or longer were made by Johns Manville at 147 up 5%, Barnsdall A 34% up 2, Cerro de Pasco 92 up 2%; Republic Iron and Steel 87% up 1%, Texas Corporation 72 up 94; and Davison Chemical 63% up 194. United States Steel common was carried up a point to 159 and the entire steel group was strong. Oil issues were stronger, led by Marland, Texas Corporation and Barnsdall. Keith Albee Orpheum declined more than a point, but Fox Film A rallied and Warner issues held steady.

Banks and Exchange

INDIANAPOLIS STATEMENT Local bank clearings today were $3,460,000. Debits were $7,103,000. CHICAGO STATEMENT Bu United Press CHICAGO. Sept. 14.—Bank clearings today were $115,900,000 Clearings house balance was $10,100,000. TREASURY STATEMENT By United Press WASHINGTON, Sept. 14.- The treasury net balance for Sept. 12. was $113.820.073.26. Customs receipts this month to Sept. 12, were $18,299,ai1.63. NEW YORK STATEMENT By United Press NEW YORK, Sept. 14.—Bank clearings. $1,216,000,000; clearings house balance. $137,000,000; Federal Reserve Bank credit balance. $125,000,000. Other Livestock By United Press FT. WAYNE. Sent. 14.—Hogs—Receipts. 200; market steadv; 90-110 lbs., $10.50; 110-130 lbs., $11.50; 130-140 lbs., $12.25; 140-160 lbs., $12.75; 160-180 lbs.. sl3; 180-200 lbs., $13.15; 200-225 lbs., sl3: 225-250 lbs., $12.85; 250-300 lbs.. $12.60; 300-350 lbs., sl2 25; roughs, $1125; stags, SB. Cattle—Receipts, 125. Calves—Receipts, 100: market $18.50 down. Sheep— Receipts. 350; market, sl3 down. RAW SUGAR OPENING Bu United Press NEW YORK, Sept. 14.—Sugar futures opened steady. September, 2.05 bid; December. 2.22, unchanged: January 22.23. unchanged; March 2.26, up .01; May 2.33. unchanged; July 2.40, up .01. STOCK SEATS HIGHER Berth on Exchange Brings $415,000 for New Record. Bn United Press NEW YORK, Sept. 14 —Stock exchange memberships went to a further record high today, with a salf being arranged at $415,000, an increase of $5,000 over the previous high made earlier this week.

Are You Planning a Winter Cruise? When unpleasant, disagreeable weather comes, do you look forward to a cruise to sunny winter playgrounds? You’ll be delighted with the great number of such cruises scheduled for this season, as outlined in our folder, “CRUISES DE LUXE, 19281929.” Whether you are joining for the first time the increasing number of folks who travel in winter ... or whether you seek new lands for your annual cruise . . . you’ll find the service we have rendered Indianapolis travelers for years will add immeasurably to the comfort and pleasantness of your trip. RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis ®'UNION TRUST* 120 East Market St. RI ley 5341

U. S. Third Liberty Loan 4 1 /i% Bonds }Vill 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 i grade securities. BOND DEPARTMENT The Union Trust .Company OF INDIANAPOLIS 130 E. Market Street Riley 5341

j ßiver Pirate 9 Due Here

' '. *wS .

Lois Moran and Nick Stuart

“The River Pirate,” a melodrama of modern piracy with its action laid along the wharves and docks of New York’s waterfront, coming to the Apollo Saturday, has Lois Moran and Nick Stuart featured in support of Victor McLaglen. Miss Moran is cast as the daughter of a detective assigned to the task of capturing the modern buccaneers. Stuart plays the part of Sandy, a youth who becomes implicated in the schemes of the looters, and McLaglen has the role of Sailor Frink. The picture was adapted from the Saturday Evening Post serial by Charles Francis Coe.

NIGHT SCHOOL OPENS

Y. M. C. A. Classes Start Work Tonight. The Central Y. M. C. A. evening schools will start operation tonight with eighty-seven enrolled in the night high school and in the business college. The school will run forty weeks and is the only accredited school of its kind in the State, according to A. F. Williams, educational director. Seven instructors will manage the night school and the business college. The enrollment now totals 175. Registration offices are maintained on the second floor of the Central Y. M. C. A. Bldg., 310 N. Illinois St. Aged Man Missing Bu Times Special PORTLAND, Ind.. Sept, 14,—Police have been asked here to search for Andrew Brigner, 80, who has been missing from the home of his brother, John Brigner. near Ft. Recovery, Ohio, since Monday. Building Permits Dan Le Gore, dwelling and garage, 6533 W pai r s°y P 'Peek s0 garage, 3334 N. New Jersey. s2 J°'a. Patton, floor. 4337 Carrollton. *SOO. E L. Miller, porch. 850 Parker, *SOO. Carl Cullinan. repair, 1209 Linden. $.90. H. J. Chrisman, garage, 201 S, Holmes, Coal Company, repair, 1345 Springman. dwelling and garage. 122 A 9 ,vy H^ n oU s y:Tddltion. 434 N. Euclid. A. Whisler, garage, 2310 Gale. s4 Alice Bailey, garage. 3460-62 North Merl°*L n ’ Company, dwelling. 2707 W. Seventeenth, $1,500. L A. McCsslin, garage, 945-47 W. Twenj E1 R U McCor-nlck, garage, 3830 Denny, *T e. Orinslade, dwelling and garage, 2755 Barth. $2,150. t , .. Larth Realty Company, basement, southwest corner Brookville Rd. and E. Washington, $15,000. . ... . Maynard Realty Company, dwelling and garage, 54'0 N Meridian, $25,000. T J. Gore, dwelling and garage, 164 Blue Ridge. $7,150. Henry Rodgers, dwelling and garage. 1203 N. - Wallace, $4,150. T. Chickadonz. garage. 1219 Haugh. S2OO. Dale Horning, furnace, 938 N. Parker, 2 Ralph Campbell, furnace, 131 N. Traub. $270 Mary O. Derbyshire, furnace, 2902 N. Oinev, $350. John J. Collins, dwelling and garage, 3325-27 W. Tenth. $3,600.

PLEDGES LABOR AID

Dailey Promises to Recognize Workmen In Evansville Talk. Bn Times Special EVANSVILLE, Ind., Sept. 14. Responsibility for the unemployment of 8,000,000 persons was pinned on the Republican administration by Frank C. Dailey, Democratic gubernatorial candidate in his address before the Indiana State Federation of Labor convention here Thursday. He was given a rousing cheer in his pledge to support the workmen’s compensation law and name labor representatives to all boards and commissions affecting the unions. The Canadian Department of Agriculture has placed in effect new regulations covering the grading of apples, peaches, tomatoes and grapes.

Lowest Jl|k Prices in m nK 30 Years ImM and liberal allowances for old tires in trade, on new GOODYEAR Supertwist Rubberized Cord—Pathfinder Tread Long Mileage Tires 29x4.40 $ 7.45 30x3 Vz Reg. ...$ 6.05 30x4.50 8.05 31x4 10.60 31x5.25 12.50 32x4 11.35 31x6.00 15.55 32x4*4 15.40 32x6.00 15.70 30x5 18.80 33x6.00 16.00 33x5 21.30 All Other Sizes Similarly Low Priced I Ford and Chevrolet Specials! Speedway Cords—Factory Firsts ,1 $X.95 I $J.95 Reg. QigJP Rcsr- SkuAH zz = Globe Auto and Radio batteries Guaranteed 18 Months \ | Ford and Chevrolet y Special $7.65 Blue Point Service Station COR. DELAWARE, MADISON AND RAY STS. TIRE AND BATTERY SERVICE DRexel 5678. Open Evenings and Sundays

Bladder Trouble Gone

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PAGE 25

‘TEAMWORK’ IS ADVANGED AS RADIOSOLUTION Synchronizing of Wave Lengths by Stations Seen as Key. By Times Special WASHINGTON, Sept. 14.—Synchronization of wave lengths, by which chains of radio stations broadcasting the same program may do so on the same wave length,' is the industry next forward step, in the belief of Radio Commissioner Sam Pickard, ln charge of the Fourth or Mid-West radio zone. “I shouldn’t be surprised if in a year or so we had plenty of wave lengths, despite the present crowded condition ot the air,” Pickard said. "Broadcasting irom several stations on the same wave Is practicable, and stations WBZ and WBZA, at Springfield and Boston, have done it for some time, with perfect satisfaction, both from the standpoint of operator and listener. ‘‘The radio people have said in the past that it was impracticable because it would require clabo’->‘3 and expensive preparation,” Pickard added. "But I have faith in t.v? radio engineers. Whenever they have a sufficient incentive they can do miracles. With plenty of wave lengths available there wasn’t so much incentive, but there is now.” Pickard pointed out that the commission seeks to limit the spread of chain broadcasting by its order, effective Nov. 11 with the reallocation order, by which no national station is permitted to use a chain broadcast more than one hour a night, if it is being broadcast from another station within 300 miles. “Something like that had to be done,” he said. “The chain people naturally want to blanket the country, and to sell theiV service. The result is that the chain stations are spreading, and each member of the commission has received thousands of letters, protesting against having practically no choice of program. “Time after time we have outfitted a local station with a good wave length, cleared the air for it, i in the hope of their doing a good J local job, and within days have found it has joined a chain." Synchronizing, he said, would mean that the listener would rind the chain program at one point on the dial, regardless of what station he was listening to, and the other bands would be free for varied en- - tertainment. " Pickard said 90 per cent of the stations in his area would accept their allotments under the new order, although the Fourth zone was harder hit than any other.

William McKenson, Edinburg, Ind., says: “After suffering for many months with kidney trouble, I now am free from all kidney and bladder trouble since using six bottles of tablets.” Mr. McKenson continued: “I think Argray tablets are the most remarkable kidney and bladder remedy on the market, ns I obtained relief after a few doses, the ra>* all left. 1 now sleep all night without being disturbed." Argray tablets help throw off the impurities of the blood relieving rheumatism, neuritis and other aliments. leaving you feeling years younger. For sale at All Drug otores.