Indianapolis Times, Volume 40, Number 115, Indianapolis, Marion County, 3 October 1928 — Page 14

PAGE 14

SELLING WAVE SWEEPS STOCKS DOWNSJPOINTS Record Brokerage Loans Report Starts List to Sinking.

Average Stock Prices

Average of twenty industrials Monday was 238.14, off 1.87. Average of twenty rails was 141.12, off .90. Average of forty bonds was 96.54, off .11. BY ELMER C. WALZER, United ,'ress Financial Editor : NEW YORK, Oct. 3.—Record brokerage loans reported by the New York Stock Exchange and further warnings again speculation by bankers in convention in Philadelphia caused a heavy selling at the opening of the stock exchange today. Initial losses ranged to nearly five points, the maximum being in Montgomery Ward. Support developed for the leaders immediately after the initial break, and very few other issues sagged below their openings in the early trading. The stock exchange brokerage loan compilation was the signal for heavy orders overnight. These loans increased $462,202,280 to $5,513,639,685 on Sept. 30. as compared with Aug. 31. That figure is $239,593,404 over the previous high record attained May 31, last. The Federal Reserve weekly reports are considerably under, the stock exchange gain but the latter is more inclusive, embracing all lenders. To many the report was in line with expectations, but the majority admitted it indicated that stocks were passing from strong to weak hands. An encouraging factor today, however, was the expectation that call money rates would ease off now that the quarterly settlements are about over. Observers were predicting 7 per cent money before the week was concluded.

Banks and Exchange

INDIANAPOLIS STATEMENT Uoca! bank clearings today were $4,859,000. Debits were 58,550,000. PITTSBURGH EXCHANGE Bn United Press PITTSBURGH. Pa.. Oct. 3.—Bank exchanges $37,186,479A.19; balances, sl4 - 009,949.02. NEW YORK STATEMENT Bn United Press NEW YORK, Oct. 3.—Bank clearings, $1,588,000,000; I clearing house balance. $158,000,000; Federal Reserve Bank credit balance, $148,000,000. TREASURY STATEMENT Bn United Press WASHINGTON. Oct. 3.—The treasury net balance for Oct. 1. was $209,805,681.61. Customs receipts for Oct. 1, totaled $5,110,405.32.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Oct. 3.—Was anyone taken by surprise Tuesday evening when the Stock Exchange reported the amount of members New York loans? If so, he must have been doing a Rip Van Winkle act. It has been evident that a new top would be established and you were told so in these messages, so that there should be no surprise at the figures. Now the problem is will the market react to this report just as it has in the pastfifteen or twenty minutes of selling and then go on as heretofore? This, of course, none of us can answer at this hour, but whatever the reaction may be today we feel quite safe in saying that before we get through these huge loans will have full effect and bring a full response. A day 7 of liquidation must .come and the way to prepare for it is to take advantage of eyery opportunity to get your line down.

Indianapolis Stocks

—Oct. 3 Amer Central Life y ' s * c ' Belt R R & Stk.vds com .... <l9 '7l Belt R R & Stk.yds pfd .... 58* ■ 63 'Central Ind Power Cos pfd.... 95 ~ 99 ‘Circle Theater Cos com 104*, 4 106’2 Cities Service Cos com 71 Cities Service Cos pfd 99*4 " " ‘Citizens Gas Cos com 56 57*4. ‘Citizens Gas Cos pfd .101 103 Commonwealth Loan Cos pfd. 100 104 Equitable Securities Cos com.. 45 Hook Drug Cos com 34 Irldiana Hotel Cos com 125 Indiana Hotel Cos pfd 101 Indiana Service Corp pfd ... 90 Indianapolis Gas Cos com ... 60 64 Indpls & Northwestern pfd .. 20 Indpls Water Works Cos 5s pfd. 102>/ 2 ‘lndpls P & L 6s pfd 105 io7 Indpls P & L 7s 99 Vi 100 Indpls Pub Wei Ln Assn .... 47Vi .. Indpls St Ry Cos vfd 40 43 “Interstate P S prior lien.. 104 Interstate p s c ■> pfd 94 99 Merchants Pu Util Cos pfd .101 “Metro Loan Cos 8s 100 i0.3 North Ind Pub Serv Cos 6s . . 98 100 Northern Ind Pub S Cos 75.... 106 Progress Laundry Cos com .36 E Raub & Sons Fort Cos pfd 50 Real Silk Hos Cos pfd 93*2 ... Standard Oil of Indiana 76V4 ... T H I & E Trac Com 1 T H 1 & E Trac Cos pfd 15 T H Trac & Lt 96 Union Trac Cos com *i Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd 1 i Union Title Cos com 50 80 Van Camp Pack Cos pfd ..... 10 1 Van Camp Prod Ist pfd .... 98 102 Van Camp Prod 2nd pfd 92 101 —Bonds— Belt R R & Stk Yds 4s 89 Broad Ripple Trac Cos 5s 79Vi 82 Citizens Gas Cos 5s 98 Central Ind Power Cos 6s 100 Chi S B & N Ind 19 Citizens Gas Cos 5s IOOVi 103 Citizens St R R 5s 89 91 Gary St Ry 5s 86 91 Home T & T of Ft Wayne 6s. 102’ ’■> ... Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 4 Ind Ry & Lt Cos 5s 98'i ... Ind Service Corp 5s ... J 93 Indpls Power and Lt Cos 5s .. 99 100 1 2 Ind Union Trac Cos 5s Indpls Col & So Trac 6s 100 103 Indpls Gas Cos 5s 100’i ... Indpls & Martins Trac Cos 5s 34 Indpls & Northw Trac Cos 55.. 13 17 Indpls St Ry 4s 70 73 Tnripls Trac & Term Cos ss. .. 95 98’i Indpls Union Ry 5s 100 ‘lndpls Water Cos sVis 104*4 Indpls Wa Cos 1953 & 1954 sVis.lo3'i 104 Indpls Water Cos 5s 97’/b ... Indpls Water Cos 4'is 96 Water Works Sec 5s 96 100 Interstate Pub S Cos 5s 90 102 Interstate Pub S C 5 Vis 96 N Ind Publ Service 5s .. 100 102 T H I & E Trac Cos 5s 85 T H Trac & Lt Cos 5s 96 Union Trac of Ind Cos 6s ... 13 17 —Sales—--50 Shares Interstate prior lien. 104 10 Bonds Indpls St Ry 4 70 —Government Bonds Liberty Loan Ist 3' is 98.20 98.40 -iberty Loan Ist 4'is 100.90 101.10 Libert*' Loan 4th 4Vis 100.96 101.16 U S Treasury 4V,s 110.74 110.94 U 3 Treasury 4s 105.62 105.82 U S Treasury 3 3 4S 102.96 103.16 U S Treasury 3?ss 98.36 98.56 OPENING SUGAR TRICES My I’nitirl Pn ** •TEW YORK. Oct. 3.—Sugar futures opened lower. December. 2.04, off .02; January. 2.06. off .02: March. 2.10, off .01; May. 2.16. off .01: July. 2.26. off .01; September, 2.23, 0: .02.

New York Stocks (Bv Thomson A McKinnon i ' —

—Oct. 3 Prev. Railroads— High. Low. 12:00. close. Atchison 191 '/a ... 191‘/a 193% Atl Coast Line 159'2 Balt & Ohio 111% 111 111% 112% Canadian Pac .215% 214% 215 216% Chesa & 0hi0..181% ... 181% 181% Chi & Alton 11% Chi & West... 85% 85 85 86 Chi Grt West 13% C R I Js P 126 ... 126 126% Del & Hud-on.. .192',2 ... 192% 193% Del & Lacka 131 Erie 58 57% 58 58% Erie Ist pfd .... 57% 57% 57% 57% Grt Nor pfd 100 111 Central 139 ... 139 139% Lehigh Valiev ... ... '142 Kan City South. 60% ... 60% 61 Lou & Nash ... ... 142 M K & T 40V2 4040 40% Mo Pac pfd 118%. 118% 118% 119 N Y Central 172 ... 171% 174 NY C & St L... 123 ... 123 123 NY NH & H .. 63% 63% 63% 64 Nor Pacific 99% ... 99% 99 Norfolk & West. .. ... ... 182 Pere Marquette 130 Pennsylvania.... 64 ... 63% 64 P & W Va 158% ... 158 159% Reading 1011a ... 101% m 2 Southern Ry ... ... 124% Southern Pac. 122% ... 122% 124 St Paul 35% ... 35% 35% St Paul pfd 51% 51% 51% 52 St L & S W 113',2 111% 112 113% St L & S F 115 ... 115 116 Texas* & Pac ... ... 182'> Union Pacific ..196% ... 196% 199% West Maryland.. 42% 42 42% 44 Wabash 80 ... 80 81% ; Wabash pfd ... ... 95 Rubbers— I Aiax 10 ... 9% 10% Fisk 10% ... 10% 10% Goodrich 81 79% 81 82 Goodyear 71% 70% 71 71% Kelly-Spgfld ... 24% ... 24% 24% I.ee 20% ... 20% 21 United States .. 38% ... 38% 38 Equipment— Am Car & Fdy.. 94 ... 94 95% Am Loco ... 97% Am Steel Fd... 55% ... 55% 55% Baldwin Loco ... ... 41 General Electric 160% 160 160% 161% Gen Ry Signal ..105 104 104% 106 Lima Loco 45 N Y Airbrake... 43 ... 43 43 Pressed Stl Car.. 26% 25% 26 26% Pullman 80% ... 80% 80% Westingh Air B. 46 45% 46 45% Westingh Elec ..103% 103% 103% 104% Steels— Bethlehem 64% 63% 64% 34% Colorado Fuel... 67% 64% 66% 69% Crucible 76 ... 76 77 Gulf states Stl . 66% ... 66% 67 Inland Steel ... 69% 67% 69 69% Phil R C & I . 31% 31 31% 32 Rep Iron & Stl. 79% 78 79% 81 Otis Steel 29% 29 29 29% U S Steel 157% 156 156% 158% Alloy 39% 38% 39% 40 Warner Fdv 32% 30% 32% 32% Vanadium Corp.. 78% ... 77% 79 Motors— Am Bosch Mag.. ... ... 33% Chandler 23% Chrysler Corp ..121% 119 121 123% Conti Motors ... 16% 16% 16% 18% Dodge Bros 24% ... 24 24% Graham Paige... 56% 55% 56 57% General M0t0r5.212% 210% 212 214 Hudson 85% 83 84% 85% Hupp 72% 72 72% 73% Jordan 9% 9 9 9% Mack Trucks ... 97% 94 97 94% Martin-Parry ... 21 ... 21 Moon 6% ... 6% 6% Reo 35% 32% 35 32% Nash 91% 91% 91% 91% Packard 91% 90% 91 91% Peerless 18% ... 18% 18% Pierce Arrow' ... 25% ... 25% 25% Studebaker Cor. 79% 78V. 79 80 Stew Warner 102% 101% 102 104 Eaton Axle 56% 56 56% 57 Timken Bear ...135% 134 135 137% Willys Overland 28% 27% 28 28% Yellow Coach .. 38 37% 38 38% White Motor ... 38 ... 37% 37% Mining— Am Smlt & Rfg.24o 239 240 242 Anaconda Cop... 80% 80 80% 82 Calumet & Ariz.lll % . . 111% 112% Cerro de Pasco.. 96 . .. 95% 96% Chile Copper . . 50% 50% 50% ,/l% Freeport-Texas . 58% ... 58% 58% Green can Cop. .124% 121 124'- 126 1 - Inspiration Cop. 27% ... 27 28 Int Nickel 126 ... 125% 126% Kennecott Cop.. 100 99% 100 100% Magma Cop 58% Nev Cons 26V. ... 26% 27 Texas Gulf Sul.. 70% 69% 70 70% U S Smelt 52 51% 52 52% Oils— Atlantic Rfg 181 178 179 182 Barnsdale 34% 33% 34 33% Houston Oil 138% ... 138% 139% Indp Oil & Gas.. 29% ... 29% 30 Marland Oil ... 38% ... 37% 38% Mid-Cont Petrol 34% ... 34% 34% Lago Oil & Tr ... 34 Pan-Am Pet 8.. 47% 46% 47% 48 1 4 Phillips Petrol .. 41% 41% 41% 41% Pro A Rfgrs 23% ... 23% 24 Union of Cal... 49% ... 49% 50% Pure Oil 25% ... 24% 25% Royal Dutch ... ... 58% Shell 27% . 27% 28% Indian Refg ... 30% .30 .30% 37 Sinclair Oil 28% 28 28% 29% Skelly Oil 34% 34 34 34% Std Oil Cal 60% ... 60 60% Std Oil N J 45% 45% 45', 45% Std Oil N Y .35%. ... 35% 35% Texas Corp 66% 66 60 60% Transcontl a% ... a% s% Richfield -48% 48% 48% 48% Industrials— Adv Rumely .... 54%. ... 54 55% Allis Chalmers.. .. ... ... 130% Allied Chemical .198% 197 i98% 200 Armour A 19 19 19% Amer Can 110% 108% 109% 110 Am Hide Lea ... ... 10 Alaska J ....,, 4% ... '4% 4% Am Linseed ....... .' 115 Am Safety Raz , 73% Am Ice 42% ... 42% 42% Am Wool 18% 18% 19 Curtis Aero 138 135% 136% 138 Coca Co!a jgg Conti Can 118% 118 iis% 119% Certainteed 39c. Congoleum 26 V . . 26V 26% Davison Chem... 60% 60% 60' 61% Dupont 392 ... 392 397 Famous Players 49% 49 49% 60 A 99 ’* 99 98% 100 Gold Dust, 73% 73 73% 102% Int Cm Engl'... 67% 66% 67 68'Int Paper 70% 70 70 71 “ Int Harvester ..290 290 290 Lambert 102% 131% 132 1.32% Loews 58% 58 58% 59% Kclvinator 12'% 12% 12% 12% Montgom Ward .252'% 250% 252 255 Natl C M 92% 91 91 92% Pittsburgh Coal. 48% ... 48%- 50 Owens Bottle .. 79 79 73 Radio Corp 205 202 205 204% Real Silk 37% 37 37% agii Rem Rand 24% ... 24% 25 Sears Roebuck ..147% i46 146% 149 Union Carbide .184% ... 184 ig U S Leather . . 301 Univ Pipe 25% 24% 25 24 ' Victor ..... ....108% 107% 108% 111 U S Indus Alco. . 128% Warner Bros ...108% 107% i07% 108% Warner Bros B 106% 106% 106% 107% Utilities— Am Tel & Tel ..178 ... 178 179% Am Express 218 217 217 219 Am Wat Wks. . 60 59% 60 59% Brklyn-Manh T. 70 69% 70 70% Col G& E 1222';. 122', 8 122% 123% Consol Gas .... 76'. . . 76'% 771Elec Pow <fc Lt. 38% 37 38 ‘ 38% Commonwealth.. 81%. ... 81 >5 84% Nor Am Cos .... 73*8 73 73 ’* 74 Nat Dairv /... 417. Pub Svc N J ... 65% ... 64% 66% S Calif E 48% ... 48 V R 49’ 4 Std Gas &El . . 69% ... 69% 70% Utilities Power. 41%- 41 41 42 West Union Tel .149% 149 149% 150% ShiDping— Am Inti Corp .103% 102% 102% 105 Am Ship A Com 4% ... 4% 4% Atl Gulf & W I 47 ... 47 46% Inti Mer M pfd. 35% ... 35% 35% United Fruit. ..135', 4 135 135 135 Foods— Am Sug Rfg 71% ... 71 72 Am Beet Sugar 22 Cudahy 69% ... 69% 70 Beechnut Pkg 74% California Pkg. 76Vi ... 76% 77 Corn Products.. 84 ... 84 84% Cuba Cane Sup 15% Cuban Am Sug 16% Flcischmann Cos 85% 8.7% 83% 86% Jewel Tea 136 135 136 138% Loose Miles 75% 74 75% 75% Natl Biscuit 171% Nat Dairy 112% 110% 112 113% Postum Cos 70 Ward Baking B 18',i Tobaccos— Am Sumatra .. 63% 62 62 63% Am Tobacco ... ... 161% Am Tob B ... .163 ... 163 165 Con Cigars ... ... 91 % General Cigar ..62 ... 62 62% Lie & Meyers .. 91 % ... 91 91% Lorillard 29 ... 28% 29 R J Reynolds ..140% ... 140% 141 Tob Products B. 101 ... 101 101 United Cigar St 27% ... 26'% 27% Schulte Ret Strs 55% 54% 55 55% 78 WILL BE INITIATED De Molay Chapter to Give Work Saturday Night. About seventy-eight candidates will be initiated Saturday night at the Athenaeum by the Indianapolis Chapter of the Order of De Molay for Boys, according to an announcement today by David L. 'Teafus, advisor. Members of the Order and Master Masons of Indiana are invited to attend the ritualistic observances. A “Danse Arte Moderne” will be given by the chapter Friday night, in the Futurist room of the Columbia Club for members and friends under the direction of James Forsha, master councillor. Farmer Hangs Self GREENCASTLE, Ind., Oct. 3. Will S. Toor, 69, farmer, committed suicide by hanging at his home near here while despondent over ill health.

PORK MARKET GAINS 25 CENTS IN CITY YARDS Vealers, Lambs Included in General Price Rise: Hogs at $11.40. Sept. Bulk. Top. Receipts. 25. 11.500711.75 11.90 9,500 26. 11.00 (<(.11.25 11.25 5.500 27. 11.00 11.00 4,000 28. 10.90® 11.00 11.15 3.500 29. 11.00 11,00 2.500 Oct. 1. 11.25 11 40 5.000 2. 11.OOfti 11.10 11.15 5.500 3. 11.25 11.15 6,000 Hogs were generally 15 to 25 cents higher, with the bulk of 180 pounds and up selling at $11.25 and the top holding at $11.40. Few 210-260 pound butchers brought $11.30@ 11.40 a4 the city stockyards today. Receipts were estimated at 6,000!* and holdovers from Monday's market totaled 374. The cattle market was steady. Good beef steers brought $lB. Veaiers were 50 cents higher than Monday's best prices, selling mostly $17.50 down. Lambs were unevenly steady to 50 cents higher. Good and choice lambs sold for $12.755/14. Fat ewes brought steady at $5 @6.50. The Chicago hog market opened fairly active to strong with Tuesday’s early trade. Several loads of choice 200-280 pound butchers sold at [email protected]. Receipts numbered about 12,000, including 2,000 directs. Heavy butchers figured in the htther prices at the city yards today, selling for sll @11.35. Other weights were: 200-250 pounds. $11.25 @11.40; 160-200 pounds. $10.50@ 11.25; 130-160 pounds, [email protected], unchanged; 90-130 pounds, $8.75@ 9.50, unchanged, and packing sows, $9.50@ 10.50. Beef steers ranged from lower to higher, selling for $11.50® 18 Other classes were unchanged as follows: Beef cows, $8@10; low cutter and cutter cows, $5.25@7; bulk stock and feeder steers, sß@l2. Best vealers were hgher, selling for [email protected]. Heavy calves were unchanged at $7 @ll. Top fat lambs sold for 50 cents higher at sl4. Other classes were: Bulk fat lambs, sl2® 13.50; bulk cull lambs. $4.50 @ 6.50. —Hors — Receipts. 6.000; market, higher. 250-350 lbs $11.004i 11.35 200-250 lbs 11.25/(1.11,40 160-200 lbs 10.5041 11.25 130-160 lbs 9.75(ii 10.25 90-130 lbs 8.754> 9.50 Packing sows 9.504110.50 —Cattle Receipts, 1.350; market, higher. Beef steers $11.50(5 18.00 Beef cows .... 8.00(n 10.00 Low cutters and cutter cows.. 5.25/u. 7.00 Bulk stock and feeder steers... B.oo® 12.00 —Calves— Receipts. 750; market, higher. Best vealers $16.50''/17.50 Hea.y calves 7.004/11.00 —Sheep— Receipts. 1.00; market, higher. Top fat lambs $14.00 Bulk fat lambs 12.004/ 13 50 Bulk cull lambs 7.504/ 10:50 Fat ewes 4.50®) 6.50 Other Livestock Bn l nited Press CHICAGO. Oct. 3.—Hogs—Receipts. 12.000; market, mostly steady to 10 cents higher than Tuesday's average; top, $11.30 paid for several loads of choice, 190-240 lb. weights; butchers, medium to choice. 250-350 lbs., $10,154/11.25; 200-250 lbs., $10,254/ 11.30: 160-200 lbs., .$lO4/11.30: 130160 lbs., $9,254/ 10.75; packing sows. $9,254/ 10.25; pigs, medium to choice, 90-130 lbs., $8,754/ 10. Cattle—Receipts. 10,000; calves. 3.000; market, mostly steady on yearlings, light steers and well finished heavies inbetween weighty steers fairly numerous, weak; other classes mostly steady with catchy, uneven trade on fat cows and butcher heifers; top steers and vearlings. $17.50; slaughter classes, steers, good and choice. 1300-1500 lbs., $14,254/ 17.50; 11001300 lbs . $14,254/17.50; 950-1100 lbs., $14.25 4/17.50; common and medium, 850 lbs.. $9 4/14.25; fed yearlings, good and choice. 750-950 lbs. $14,504/17.75; heifers, good and choice. 850 lbs. down. $13,504/ 17- common and medium. $7,754/ 13.75: cows, good and choice. $94/ 11.75; common and medium. $7,504/9; low cutter and cutter. $6,104/7.50; bulls, good and choice, beef. $9,504/ 10.75: cutter to medium. $74/9.50; vealers. milk fed, good and choice, $15.50 4/16.75: medium. $13,504/ 15.50: cull and common, $8,504/ 13.50; Stocker, feeder steers, good and choice, all weights. $11.50 4/13.50; common and medtum, $8,504/ 11.50. Sheeps-Receipts. 25.000; fat lambs, slow; 10 to 25c lower; bulk desirable native, $134/ 13.35; nothing doing on fat westerns; sheep, steady; feeding lambs, dull lambs, good and choice. 92 lbs. down. $12,354/ 13.60: medium. $11,254/ 12.35; cull and common. $7,504/11.25: ewes, medium to choice. 150 lbs. down. $4,254/6.75; cull and common. $1,754/ 5; feeder lambs, good and choice, $12,254/ 13.35. V.n Times Special. LOUISVILLE. Kv.. Oct. 3.--Hogs Receipts, 800; market 104/ 25c higher; heavy and medium hogs. 180 lbs. up. $10.6048 11.10: pigs and lights. 180 lbs. down, $7.20 4/9.80; stags and throwouts, $9.80(4/8.45. Cattle—Receipts. 300; market steady; prime heavy steers. $134/ 14.50; heavy shipping steers. $11,504/ 13; medium and plain steers. $lO4/11.50; fat heifers. $7 504/ 11.50; good to choice cows, SB4/9.50; medium to good cows, $6,504/8: cutters, $64/6.50; canners, $54/5.75; bulls, $64/8.50; feeders, 58.504/11.50; stockers. $74/11. Calves Receipts, 300: market steady; good to choice. $134/15; medium to good, sll4/13: outs. sll down. Sheep Receipts. 300; market steady; lambs. $124/12.50 seconds. SB4/8.50; sheep, $44/6; bucks. $34/3.50. Tuesday’s shipments: Cattle. 519; calves, 97; hogs, 136; sheep, none. Bn United Press EAST BUFALO. Oct. 3.—Hogs—Receipts. 700: holdovers. 100: market active, steady to 50c up; 250-350 lbs.. $11,254/ 12; 200-250 lbs.. $11,754/12.25; 160-200 lbs.. $11,754/ 12.25: 130-160 lbs., $11,254/12; 90-130 lbs.. sll4/11.50; packing sows. $9,754/0.50. Cattle—Receipts. 200; calves, receipts 250' market rveak, slow to steady; beeg steers $12,754/ 16.25: light yearling steers and heifers, $13,754/17: beef cows. $8.254/10.25low cutter and cutter cows. $54/7: vealers. $lB4/18.50. Sheep—Receipts. 300; market 254/'soc up; bulk fat lambs. $13.754/14bulk cull lambs. $94/12; bulk fat ewes. $6 4/7. 11 n United Press , PITTSBURGH, Oct. 3.—Hogs—Receipts, I, market, strong; 250-350 lbs., sll 10 4/11.65; 200-250 lbs.. $11,254/11.65; 160200 lbs.. sll4/11.55; 130-160 lbs.. $lO 504. 11. 90-130 lbs.. $104710.75; packing sows, $9,504/ 10.25. Cattle—Receipts, 25. Calves —Receipts. 150: market, steadv: calves weak; beef steers. $11,504/14.50: fight yearling steers and heifers, $lO4/13.50; ‘ beef cows. $Bl/10.50; low cutter and cutter cows, $64/7.50; vealers. $154/18; heavy calves. $9 4/15.50. Sheep—Receipts. 500; market, steady; top fat lambs. $13.75; bulk fat lambs. $11,504/13.50; bulk cull lambs. $7.50 4/10. bulk fat ewes. $54/6 50. Bn United Press CINCINNATI, Oct. 3.—Hogs—Receipts. 3,300: holdovers, 1.177; market steadv to 25c up; 250-350 lbs.. $10,754/ 11.50: 200250 lbs.. $11,254/ 11.50; 160-200' lbs.. $10.25 4/ 11.50: 130-160 lbs.. $9,504/10.50; 90-130 lbs., SB4/10; packing sows. SB4/10. Cattle —Receipts. 500. Calves—Receipts. 350; market veals steaay to 50c down; beef steers, $94/15; light yearling steers ant heifers SB4 14.50; beef c< s, $74/10.59; low cutter and cutter cows. $5,254/6.50: vealers. $134/ 16.50: heavy calves. $94/14: bulk Stocker and feeder steers. $94/10.50. Sheep —Receipts. 900: market, steady; top fat lambs. $13.75: bulk fat lambs, $lO4/13.50: bulk cull lambs. $74/10: bulk fat ewes. $4 4/ 6.50. TWO BANDITS GET $45 Hold-Up Five in Zankan Grocery On W. New York St. Police today sought two gunmen who held up the grocery of Mike Zankan, 1150 W. New York St., Tuesday night, taking $45. The I bandits forced Zankan. two customers and two clerks into a back room.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1. 51@52c; No. 2, 484/49c. Butterfat (buying price)—soc. Cheese (wholesale selling prices, per pound'—American loaf. 36c; pimento loaf. 38c: Wisconsin flat. 29c; prime cream, 22c; flat Daisy. 28c: Leghorn. 29c; New York Limbergar. 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, loss of 32@33c. Poultry (buying prices)—Hens. 244125 c; Leghorn hens. 16@18c; 1928 spring, large breed. 2 lbs. and up 26@27c; 1%. to 1% lbs., lagre. 224Z23c: old roosters, large. 12c: small. 104/13C: ducks. 12f/13c; geese. 8 ®10c: guineas, young. 50c; old 35@37c. Bn United Press CHICAGO. Oct. 3.—Poultry—Receipts. 9 cars: fowls. 18< 28%c: springs. 284/ 29c; Leghorns. 24/ 24c: ducks. 184/.23C; geese. 22c-,'turkevs, 254/30c; roosters. 21c. Cheese —Twins. 24c; young Americas, 25c. Potatoes—Arrivals, 152; on track, 479; in transit. 1,028: Wisconsin sacked round whites. 854/ 95c: Minnesota sacked Irish cobblers. 804/90C: Minnesota and North Dakota sacked Red River Ohios. 90c4/$l; South Dakota sacked Early Ohios. 854/90c; Idaho sacked rurals, sl(6 1.10: sacked russets. $1.504/1.65; Wisconsin sacked Bliss Triumphs, 754/90C. till United Press CLEVELAND, Oct. 3—Butter—Extras In tub lots, 504/52c; extra firsts. 46%4/48%c; seconds. 42% 4/44 %c. Eggs—Extras. 41c; extra firsts. 38c; firsts. 34c. ordinaries, 30c. Poultry—Heavy fowls. 314/32c; Leghorns, 234/ 25c: heavy springers. 33® 35c: Leghorn springers. 304/ 31c: ducks, 234/ 25c; old cocks. 164/18c; geese, 204/ 22c. Potatoes—--150-lb. sacks, round whites. Michigan range. $1,904/ 2.10. mostly $2; Wisconsin and Minnesota, $24/2.10: Maine and West Virginia and Ohio. $2,154/2.25; 120-lb. sacks. Maine. $1,804/1.85; Pennsylvania. 100-lb. sacks. $1.65

The City in Brief

Immediate development will begin on a tract of 117 acres overlooking White River and lying between College Ave. and an extension of Pennsylvania St., and bounded on the north oy Seventy-First St.; and on the south by White River. The purchase price has nob been divulged by the syndicate formed through the Inland Bank and Trust Company. The property with improvements will be valued at $1,500,000, members said. IV. Z. Foster, long; identified with the organized labor movement, will address a meeting in the Denison this evening under auspices of the Workers’ party. The Safety Motor Coach Lines of Chicago Tuesday filed petition with the Public Service Commission asking authortiy to operate a Niles, (Mich.), to South Bend bus line from the Indiana State line to South Bend. The line also would pass through Benton Harbor, St. Joseph and Berrien Springs, Mich. Marriage Licenses Reuben Melton. 6. of 945 Division, laborer, and Buelah Burks. 27. of 821 Birch, operator. Gerald Wilhott. 22. Oraylynn Apts.. pharmacist, and Helen Pfahler. 23, of 1740 N. Capitol, nurse. John Nance, 22. of 17 W. North, painter and Eunice Hutchinson, 20, of 17 W. North waitress. Edgar Gardy, 22. R. R 6. truck driver, and Nellie Poiley. 20. of 3525 N. Rural. Donald Flaherty. 26. 2139 Park, factory employe, and Flora Stephens, 28. 340 Lockburn, assistant buyer. Births Bovs Frank and Josephine Venezia. 608 S East Arthur and Ethel Hull. 4641 Manker. Fred and Katherine Keller. St. Vincents Hospital. Oscar and Viola Bunce. 856 S. Pershing. Girls Clarence and Bertha Callowav. 733 N. East. Clay and Hattie Moorefleld, 1035 S. Pershing. * Edward and Frances Lomax, St. Vincents Hospital. Frances and Margaret O'Brien. St. Vincents Hospital. Samuel and Nell Leonard. St. Vincents Hospital. Deaths Elizabeth Wiseman. 31. Si. Vincents Hospital, septicaemia. Arthur Hale. 46, 2721 Sanßster. acute myocarditis. Margaretha Kern. 83. 711 E. ThirtyFourth, cardiac renal vascular disease. Alfred Lockhart, 70. 619 N. Riley angina pectoris. Frank B. Hogan. 37, Methodist Hospital, accidental. Sarah Frances Baylor, 46. 315 W. FortySecond. hypostatic pneumonia. Mary Catherine Harrington. 63. St. Vincent's Hospital, acute nephritis Jessie Reed, 34. Christian Hospital, general peritonitis. Marie Rider. 32, Methodist Hospital, peritonitis. Mary B. Little, 81. 1009 Congress chronic nephritis. Georgianna Carter. 74. Methodist Hospital. arterio sclerosis. Nathan Sießcl. 40. 1046 S. Senate, angina pectoris. Emma Jones. 67, 611 Arch, apoplexy. Sarah Huffman. 72. Methodist Hospital arterio sclerosis. Edward William Alfred Perrv. 14. Fall Creek, accidental. Louis Frazce, 64, Long Hospital, cerebral hemorrhage. Emily Ann Shwimmcr. 85, 3150 N. Capitol, cerebral hemorrhage. William Wallace Wiley, 69. 918 N. Capitol, cerebral hemorrhage. Robert N. Ktndrick, 43. St. Vincent Hospital, appendicitis. Edna Marie Sanders, 50. Christian Hospital. acute dilatation of heart. Twin* Richard and Genevieve Fox. St. Vincent's Hospital, girls.

SEASON TICKETS for the 1928-29 Season of the OPEN FORUM Auspices Jewish Community Center Association NOW ON SALE (F A SEVEN LECTURES 1 Oct. 21. 1928—Horace Bridges Debate and John A. Lapp, ‘Tan Wo Make People Good by Law?” V Nov. 11, 1928—Dnhn C. Mukerjl, **A Son of Mother India a Answer*.'* Dee. 9. 1928 —Harry A. Frank. “The Mexican Muddle.** •Jan. lit 1929 —Richard Washburn Child, “Astounding America.** Feb. IT, 1929 —Edward E. Sloftson. “Religion and Science.’* March 17, 1929—John Fanffdon Davie*, “Fads and Fancies In Children’s Education.” April 14, 1929—Alexander Melklejohn. “The Experimental College.” MAIL ORDERS NOW TO Kirshbaum Community Center Meridian at 23rd St.

College Fraternity Securities Yielding 6% Pi Kappa Phi (Purdue) University Theta Kappa Delta Rho (Purdue) University Zeta Tau Alpha (Purdue) University Lambda Chi Alpha (De Pauw) University Sigma Pi (Indiana) University Jk City Securities Corp. ttß) DICK MILLER. President IT -.535 ,b 108 East Washington St.

STORING WHEAT CROP ADVANCES PRICESAT PITS Canadian Pool Pays Cent a Bushel to Farmers for Holding. Bn United Press CHICAGO. Oct. 3.—Continued strength at Liverpool and growing bullish sentiment prompted an advance in wheat on the Board of Trade today. Corn showed strength on the good shipping demand. Oats was steady. Wheat opened "i to V* cent higher. corn was up % to % cent and oats were unchanged to cent up. Provisions gained a few cents. Recent strength in wheat in the face of accumulating supplies and favorable weather has increased the confidence of bulls. The Canadian pool is not selling and is advising farmers to hold their grain. To further strength on the market, the Saskatchewan pool is paying farmers 1 cent for every bushel stored. The holding disposition in our own country was encouraged Tuesday when Secretary Jardine again advised farmers to wait for better prices. Cash corn is in good demand and old corn is moving East in large quantities. The market is expected to hold firm until the new crop begins to move in volume. Trading in oats is light. Not much change in the trend is expected until farmers offer more of this grain. Chicago Grain Table —Oct. 3 WHEAT— Prev. High. Low. 12:00. close. Dee 1.18% 1.17% 1.18 1 18% Mur 123% 1.22% 1.22% 1.221May 126 1.25 1.25% 1.25'... CORN— Dec 80% .78% .79% .79% Mar 82'% .81% .82 .81% May .84% 84 .84% .83% OATS— Dee 43% .42% .43 .42% Mar 44% .44% ,44% .44 May 45 % .45% .45% .45% RYE— Dec 1.04 1 02% 1.03 1.03% Mar 1.05% 104', 1.04%, 1.04% May 1.06% 105', 1.05% 1.05% LARD— Oct 12.12 12.12 12.15 Dec 12.45 12.37 12.37 12.40 Jan 12.80 12.72 12.82 RIBS Oct 13.15 Dec 12.85 Bn Times Special CHICAGO. Oct. 3 Carlots; Wheal, 26; corn, 44; oats, 32; rye. 6.

Local Wagon Wheat

City grain elevators are paying $1.38 for No. 2 red wheat and $1.07 for No. 2 hard. OPENING COTTON PRICES Bn 1 nited Press NEW YORK. Oct. 3.—Cotton futures opened higher. October. 19.23. up .05; December, 19.18, up .03; January. 19.13. up .04; May. 19.00. up .01; May. 18.91. up .05; July, 18.80. up .04. EIGHT JAILED IN RAIDS Two Women Among Prisoners Slated On Blind Tiger Charges. Eight persons were arrested on blind tiger charges Tuesday and early today. They were: Mayme Sroufe 47, of 876 Virginia Ave.; Claude T. Godby, 44, of 4316 E. Twenty-First St.; John C. Irey 38, of 4410 E. Twenty-First St.; Lennie McMahan. 31, of 3128 Central Ave.; Claude Sevier, 30, Negro, 849 W. Walnut St.; Elizabeth Bass, 27, Negro, 408 Muskingum St.; Harry Lee, 36, of 2857 Indianapolis Ave.; and Phelix Wiggans 24, Negro, Bon Ton Hotel. O. R. Christison, 57. of 250 E. Wabaash St., was arrested on a charge of keeping a gmbling device and pool selling. CAN CELS KOKOMO TAL K Mrs. Willcbrandt Withdraws From Indiana W. C. T. U. Program. Bn Times Special KOKOMO. Ind.. Oct. 3.—Mrs. Mabel Willebrandt, assistant attorney general of the United States, lias cancelled her engagement to speak here Oct. 12 at the State W. C. T. U. convention, it was learned today. Mrs. Willebrandt is to make no speeches before election except under auspices of the Republican national committee, it was said.

COTTON FUTURES RISE Favorable Weather Report Causes Sharp Increase. By United Press NEW YORK. Oct. 3.—The weekly weather report of the Department of Agriculture was much more favorable than had been anticipated and it .‘-publication caused a break of quarter a cent a pound in the price of cotton futures after the market had opened slightly lower. NEW YORK COFFEE RANGE —Oct. 2—High. Low. Close. March 15.66 15.66 15.66 May 15.36 15.36 15.36 July 14.96 14.96 14.96 September 14.66 14.66 14.66

I Buy and Sell Citizens Gas Stocks—itomls Newton Todd (15 Eenicke Blilk.

MOTION PICTURES SKOURAS-PUBLIX THEATRES /av ////AY///'////// /Yxy/y/zA'/v//?/

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Fashion Joins hands with amusement to give you & wonder show. Charlie Davis Present* ‘‘Babes on Broadway ” Featuring Furs and Fashions On the Screen A Sweet Romance IN SOUND Esther Ralston in “THE SAWDUST PARADISE” /

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3rd Sound Production The moat unusual romance ever created—“SUNRISE” With JANET GAYNOR GEORGE O BRIEN Thrilling SOUND Effects Also Talking shorts, ‘’The Ingenues.* Girl’s Band; Joe Howard, famous composer; “The Movie Man,” Talking Comedy; Movietone News. 23c till f P. M.

APOLLO Vitaphone All Talking SENSATION! and “The S Terror” MAY M AVOV—LOIISF. FAZENDA AM) A GREAT CAST IN "THE SINGING FOOL.** Vitaphone News Acts Movietone Extra! Special Midnight Show AL JOLSON ‘THE SINGING FOOL” Friday Night Starts 11:30 O’clock

AN M. G. SI. SOL'NII PICTURE “OUR DANCING DAUGHTERS** With JOAN CRAWFORD ANITA PAGE. ALSO COMEDY NEWS—LESTER HUFF Next Saturday LON CHANEY in a Sound Pjeture

COLONIAL NEW VO RK-I l.f/INOIS STS. JACK KANE’S Big “Girl Revue” Mat. | NIGHTS. SATS.. , |ft< . 10e ! SINS., HOLIDAYS | 23e Mld-nlte Show Sat*.. Tuesday Night*—Auction Thursday Night**—Cabaret New Show Every Sunday This Theatre Employs Union Help

AMUSEMENTS

LYR 1C IVHERE THE CROWDS GO EDDIE KLEIN S SAX HOUNDS /Marvelous Melody Makers LYDELL & HIGGINS present “A Friend of Anther’s’* McCALL & KELLER present “At 3 A. M.,” By Geo. Beatty NICK BASIL & COMPANY FrcHpntinjr “Movie-Tones** FRANCIS & DAY in “Misrepresentation of Presentation’’ EDDIE SELWYN in “Tin I’nn Alley” MIDNIGHT STEPPERS “3 Sunny Sons of the South"

wiiTr \i. lICRLKSQUE THEATRE The Snappiest Chorus In Burlesque “FRENCH MODELS” WITH VIOLA ELLIOT On the Illuminated Runway

Reborn With Glowing sple^|pi A Sensational s2,< )O<),(M >0 Production—in the Making—The Only Ifcal, True, Presentation of a (treat Immortal I><*v Story That lias Thrilled the World for 71 —Loved by Generation After Generation! vPv’ We Take Great Pleasure in Presenting As Our %J£2f Fourth Sound Triumph Next Saturday the Picturization of— ,*•<, Conic, Laugh With Top.sy—Cry With Little Eva— Pity Unde Tom—Hate Simon Legree—Thrill With Eliza Crossing the lee! Every Thrill in Sound! Starting Saturday CIRCLETHEATRE

i WITH A SELECTED NEW YORK CAST IN A MINIATURE, MUSICAL COMEDY OF COLLEGE LIFE ENTITLEONsj/ Bm Patrqn\| ; versary itober 14- llljjf 1

f\ Next Sunday, Oct. 7 j. ig I 11% Jt Mail Reservations Now* Seat Sale Starts Tomorrow The World’s Greatest Wild Animal Picture With ‘DULCETONE’ Accompaniment W x nhe Sensation ofthe Season Hirers. Martin Johnson ■U: -I OF AFRICAN dUNSLE LIVE EVER MADE ' JT[|j| MURAT Start in Su!n. ‘ ' I Phone LI. 7951 I Evc '’ 50c ’ 75c ’ sl, SL5 ° I ' Mats., 50c, 75c, SI.OO

LAST CALL FOR MARATHONERS Dancers wishing to enter endurance contest will be accepted up to 7:30 tonight. Report at Tomlinson Hall. $2,000 Cash Prizes No Entry Fee

MOTION PICTURES

AMUSEMENTS