Indianapolis Times, Volume 40, Number 132, Indianapolis, Marion County, 23 October 1928 — Page 12
PAGE 12
EXPORTS AND WEATHER AID CORN FUTURES New Crop Now Moving in Larger Volume; Wheat Acts Tired. By United Press CHICAGO, Oct. 23.—A1l futures ruled quiet on the Board of Trade today. Buying power in wheat was scared away by the accumulation of bearis hfactors. Corn pushed forward to better levels. Oats were little changed. Wheat opened unchanged to % cent off. corn was up % cent and oats were unchanged to Vs cent off. Provisions were steady. There has been some reduction in the wheat short interest by Chicago traders, but the outstanding amount still is large. The visible supply is close to 130,000,000 bushels, compared with 85,000,000 bushels at this time last year, and receipts in Canada and the northwest continue heavy, although the peak of the movement is past. Short covering, inclement weather, strong cash demand and export trade have all aided corn. The new crop is beginning to move in volume, but traders believe that farmers will hold back their supplies in order to maintain present prices. Small quantities of oats have been taken for export. Selling by northwestern houses has been absorbed by commission houses on resting orders. Chicago Grain Table : —Oct. 23 WHEAT— Prev. High. Low. Close, close. Dec 1.13'/* 1.12% 1.123/4 1.12% March 1.18% 1.173/4 1.17’/* 1.17% May 1.20% 1.20% 1.20% 1.20% CORN— Deo. 8214 .8114 .81% .82 March 83% ,82 s /* .82% .83% May 853% .85% .85% .85% OATS— Deo 43% .43 .43% .43 March 44% .44 .44 .44% May 44’/* .44 3 A .443% .44% LARD—!Tan 11.92 11.80 11.92 11.85 March 12.02 12.02 12.02 12.02 RYE— Dec 1.00% 1.0O 3 /* 1.00% 1.00% March 1.03% 1.02% 1.02'% 1.023/, May 1.06 1.05 3 /* 1.05% 1.05% By Times Special CHICAGO, Oct. 23.—Carlots: Wheat, 160; corn, 70; oats, 81; rye, 19.
Commission Row
PRICES TO RETAILERS FRUITS Apples Grimes, $2.25 bushel. Winter Bananas—[email protected]. Cantaloupes—Colorado pink meats. $1.25 Cranberries—s4.2s, 25 lb. box. Grapes—California Malagas. $1.50 crate; seedless. $2.50; concord, 30c a flve-lb. basket. Grapefruit—ss.7s@6 crate. Huckleberries—Michigan. $6.50@7. 12 at. Lemons—California, $7®7.50. Limes—Jamaica. [email protected] per 100. Oranges—California Valencias, [email protected] crate. Pomegranates—s3 crate. Peaches—Albertas. $2.25. Persimmons—Japaneses. $2.75@3; Indiana. $1.50 a box of 12 pints. Pears—Washington, per box, $3.50; New York Bartletts. $3. Plums—California. s2® 3 bushel. Watermelons— 40@60c each. VEGETABLES Artichokes —$1.50 a doz. Beans—Southern stringless, $4 bu. Cabbage—Fancy home-grown. $2.50 bbl. Cauliflower—California. $3 crate. Celery—Michigan. $1 crate. Cucumbers—lndiana hothouse. home grown, $1.50 doz. Eggplant—s 2 doz. Kale—Spring. $1 bu. Mustard—Fancy home grown, $1 bu. Okra—Tennesse, $1.50 basket. Onions—Home-grown yellow, $2 @2.25. 60 lbs., Utah, large. $4.50 per crate. Parsley—Home grown 50c doz. bunches. Peas—California, s7@B 45-lb. crate. Peppers—Home-grown Mangoes, $2. Potatoes—Michigan round whites, $2.25 150 lbs.: Ohio, $1.50. 120 lbs. Radishes—Hothouse. 3utton. 50c dozen bunches. Spinach—Fancy homo grown, $1,25® 1.50 bu. Tomatoes—Home grown, $3 50. Cocoanuts—s6.so per bag of 100. By United Press CHICAGO, Oct. 23.—Apples, $4.50@5. per bbl.; peaches, $2®2.25 per bu.; pears, [email protected] per bu.; plums, $1.75®2 per bu. Building Permits 3. Harper, dwelling and garage, 2753 Manker, $4,400. Mr. Neimier, boiler, Sixty-First and Primrose, S4OO. Mr. Wilson, boiler, 167 Blue Ridge road, $550. Station 20, 2302 Shelby, boiler, $589. E. G. Anthony, dwelling and garage, 8330 Kenwood, $6,500. Herron art institute, building. Sixteenth and Pennsylvania, $500,000. M. Hodson, garage, 2804 Station, $250. T. E. Grinslade, dwelling and garage, 4520 East Seventeenth, $1,950. H. G. Reger, addition. Keystone and East Washington, SI,OOO. Puritan Finance Company, dwelling, 237 South Randolph, SI,BOO. W. Blumer, repair, 602 South Harding, S2OO. West Side Mission Church, repairs, Koehne and West Ohio, $348. C. Fulenwider, addition, 2648 North Harding, SSOO. E. L. Jaffe, addition, 337 North Noble. SSOO. E. Winster. dwelling and garage, 5237 North New Jersey. $8,200. H. Ward, addition, 1062 Holborn, S3OO. BOXING LAW HELD UP Slack Put Off Signing or Vetoing New Ordinance. Mayor L. Ert Slark today put off another day his decision on the new city boxing ordinance. Slack has delayed signing or vetoing the ordinance because of the protest raised by the American Legion. The mayor declined to discuss the issue.
Middle West Utilities Company Notice of Drridend on Common Stock The Board of Directors of Middle West Utilities Company has declared a quarterly dividend of One Dollar and Seventy-five Cents ($1.75)up00 each share of the outstanding Common Capital Stock, payable November 15, 1928, to all Common stockholders of record on the Company's books, at the dose of business at 500 o'clock P. M_, October 31, 1928. EUSTACE J. KNIGHT, Secretary.
New York Stocks
" (By Thomson & McKinnon) ' —Oct. 23 Prev. Railroads— High. Low. 12:00 Close. Atchison 192 % 1913% i9'3/ 4 192 Atl Coast Line 163 Balt & Ohio ....111 110% 110% 111 Canadian Pac...216 215'% 215% 215 Chesa & Ohio 185% 186'A Ches Corp 683% 68 68 68‘A Chi & N West 85% 86 Chi Grt West 13% 13% C R I & P 133'/ 1323/4 133'/ 132% Del & Hudson 188% 188% Del & Lacka 129 Erie 55’/* 55 5 % 55% 55% Erie Ist pfd 56% 56% 56'/* 56% Grt Nor pfd 101% 111 Central 138 Lehigh Valiev 97 Kan City South. 72 71 71 71% MK & T 473% 463% 46% 46% Mo Pac pfd 120 118% 120 119 N Y Central 174“% 174 174'% 174 N Y C & St L. .127 126 126 126 NY NH & H.... 63% 63% Nor Pacific Id 3 /* 101 101 101'% Pere Marquette.. .. ... ... 128'A Pennsylvania ... 65 64 3 4 64% 65 Reading 102% 102% 102% 102% Southern Ry 145% 145% Southern Pac...121% 121 121 121'% St Paul 343% 34 34'% 34% St Paul pfd ... 50’A 50'% 50% 50% St L & S W 114 113% St L & S F 117 117% Texas & Pac 190 Union Pacific . .200-% 200% 200% 200 West Maryland.. 43% 43% 43% 43'% Wabash 78 77% Rubbers— Ajax . 8 3 4 Fisk 11% 11% 113% u% Goodrich 84% 83% 83% 84 Goodyear 92% 90?% 91 100 3 4 Kelly-Spgfid ... 21% 21 21% 31V* Lee 24% 24 24% 22 3 % United States... 41% 41 41% 41 Equipments— Am Car & Fdy 91 91 Am Locomotive 92% 92 Am Steel Fd ... 58 57% 58 56% General Elec ...171% 169 170 169 Gen Ry Signal.. 109 107 107 109 Lima Loco 42% 42 N Y Air Brake.. 40% 40% Pressed Stl Car. 22% 22% 22% 22% Pullman 78% 78% 78'% 78'A Westlngh Air B. 44% 44% 44% 44% Westlngh Elec ..106% 105% 106% 105% Steels— Bethlehe m 68’% 67% 68% 67'% Colorado Fuel.. 66 65 % 66 66 Crucible 81% 79’/* 81 3 % 79% Otis 32% 313% 33 i% 32% Rep Iron & Stl 80% 79% 80% 80 3 * U S steel 163% 160% 163 160% Alloy 41% 41 41% 41'% Warren Fdy ... 36 33'% 34 3 A 33% Vanadium Corp. 83 3 % 82 83'% 83 Motors— Am Bosch Mag 373% 37*% Chandler 20% 19’% 20 20 Chrysler Corp ..134% 131% 133% 131% Conti Motors .. 14’% 14’% 14% 14-% Dodge Bros 27 27 V* Graham Paige.. 48 47% 47% 47% General Motors 219/ 217 219 217'% Hudson 84' 82% 83% 83% Hupp 74% 73% 74 73% Jordan 11% 11 11 11% Mack Mot .... 93% 93'% 93% 93’% Moon 6% 6'% 6% 6% Motor Wheel .. 37'% 36% 37% 37 Nash 92% 91'% 92 91% Packard 95 a % 94% 95’% 95% Peerless 20 19% 20 20'% Pierce Arrow 23% Studebaker Cor. 81 80% 81 81 Stew Warner ..104’% 103'% 104’% 104 Eaton Axle 61% 60% 60% 60’% Timken Bear ..145% 144 144% 144% Wiliys-Overland. 29% 29% 29% 29% Yellow Trk ... 37% 36% 363% 37*% White Motor .. 37% 363% 3714 37/4 Mining— Am Smlt fe Rfg 266% 265 266'% 265 Aaconda Cop... 88% 87 88% 87% Calumet & Ariz.l2o 117 117 116% Calumet & Hecla 44% 44 44% ... Cerro de Pa5c0..105% 103% 104 3 A 103% Chile Copper... 60% 57% 60% 57% Greene Can Cp.133% 132 132 133% Inspiration Cop 31'A 30% 31 31% Int Nickel 186 178% 182% 186% Kennecott Cop .116% 114% 116% 114 s /* Magma Cop ... 62% 61'/a 62% 61 Nev Cons 31% 31’/* 313/ 4 31% Texas Gulf Sul 73% 72% 72% 73% U S Smelt 54% 54 54% 53% OH*— Atlantic Rfg ...218 210 215 204 Barnsdal A ... 44 43'/* 43% 44% Freeport-Texas. 46% 44% 45% 44% Houston Oil 1393/4 139 139 139 3 / 4 Indp Oil & Gas 31% 31% 31% 31 Marland Oil 40% 39 3 / 4 40'A 39% Mld-Cont Petrol 35*/* 35% 35 3 * 35 Pan-Am Pet (B> 49% 49% 49% 50 Phillips Petrol .. 43% 42% 43’/* 43 Pro & Rfgrs.... 24 24 24 24 Union of Cal... 55 54% 54% 55 Pure Oil 25’/* 25% 25 3 / 25% Royal Dutch .. 63 63 63 63 Shell 29% 29% 29% 29 Simms Petrol .. 24% 24% 24'/* 24% Sinclair Oil .... 29% 29% 27% 29'% Skelly Oil 37% 36% 37'/* 37 Std Oil Cal .... 63 62% 63 61’/* Std Oil N J.... 46% 45% 46 46'/. Std Oil N Y.... 35% 35% 35% 35% Texas Corp .... 67% 67% 67% 67 Transcontl .... 8% 8% 8% B'A Richfield 48% 48% 48% 48% Industrials— Adv Rumely .... 55 53% 54'% 57 Allis Chalmers .135% 135% 135% ... Allied Chemical 237 235 % 237 237% Armour A .... 17’/* 17% 17% 17% Amer Can 109% 108 % 109% 107% Alaska J 9% 7% 9 7% Amer H L pfd 353/4 Am Linseed 126 126% Am Safety Raz.. 68% 67% 68% 68% Amer Ice 40% 40% Am Woolen .... 193/4 19% 1934 191,, Curtiss 133% 131% 133% 133 Coca Cola 176 3 /, 174% 176 3 A 175 Conti Can 116% 115% 116 116 Certainteed .... 35% 35% 3514 36 Oongoleum 25 3 /* 25% 25 3 % 25 Davison Chem 63 Dupont .. ... 430 425 Famous Players 49 48% 48% 48% Fox(A> 103 100 101% 1013% Glidden ........ 27% 27 27% 27 Gold Dust 105 104% 1043/4 1043/4 Int Paper ... 673% Int Harvester ..319% 311 314% 311 Lambert 131% 130% m% 131 Kelvinator IV/ t n% 11% i 2 Montgom Ward 343% 341'% 341% 346 £ atl c R ... ... 96% 95 963% 953.; Pittsburgh Coal .. ... 49 49 Owens Bottle 8 j Radio Corp 225 221 223V* 221 Real Silk 48 46% 47 45 3 /* Rem Rand ... 27 27*4 Sears Roebuck 150 V 2 156 Vs 156 Vn 157 3 Union Carbide ..192% 190% 192 190 U S Leather 341/. Victor ..........138', 4 136% 136% 138% U S Indus Alco 130 130 130 130% Warner Bros A.116% 114% 114% 113% Warner Bros 8.114% 113% 113% 112 Am Tel & Tel ..179% 179% 179% 179% Am Express ....241 241 241 266% Am Wat Wks .. 81% 61 61 60% Brklyn-Manh T 66% 66% 66'% 66% Col G& E 126% 126 126- 125% Consol Gas 82 % 81% 81% 81% Elec Pow & Lt. 38 37% 37/ 37% Commonwealth PB4 3 A 4‘i 84 3 A 8 3% Nor Am Cos .... 73% 73 73 82% Natl Power ... 39% 38% 39 39'A Serv. N. J.. 66‘/ 65%- 66% 65% S Ca! Ed 48% 48 Vi 48 V* 48% Std Gas &El .. 71% 71 71% 70% utilities Power. 40 39% 39% 39% West Union Te1..176 173 174 172 Shipping— Am Inti C0rp...106 102% 105% 122% Am Ship & Com 41/, Atl Gulf &W I 48% 48% 48y 4 48% Inti Mer M pfd 36%333%6 3 % 36% 36% United Fruit ...144 3 / 4 143’/* 143% 142 Foods— Am Sug Rfg ... 76 76 76 76’/* Kroger 130 128% 129 129% Beechnut Pkg ... 77 77 77 77 California Pkg .. 76 76 76 76 Com Porducts, 84% 84% 84% 84 Cudahy 67'% 67V* 67% 67 5 /* Cuban Am Sug., 17 17 17 17'/, Pleischmann Cos. 84% 83% 83% 85 s /* Jewel Tea 155 Kraft Cheese ... 64% 63% 64% 64 Natl Biscuit 169 % 168% 169% 168% Natl Dairy 115% 114% 115% 113’/* Postum Cos 68'/a 68% 68 '/a 68 3 / 4 Ward Baking B 17% Tobaccos— Am Sumatra . 61 61 61 61 Am Tob B 169% 169 169% 169% Con Cigars .... 91 90 91 91 General Cigar .. 61% 61 % 61'/a 61'% Lig & Meyers .. 89'A 89'A 89Vi 90% Lorillard 28% 28 28 28% R J Reynolds ...146'/a 146 146 146% Tob Products 8.100 99% 100 100 United Cigar St 28% 27% 27% 27% Schulte Ret Strs 54 53% 54 54 Births Girls Harry and Lillian Weller, 6130 Bellefontaine. Louis and Dorothy Hensley, Methodist hospital. pitai de and Beatrice Pike. Methodist hosWilliam and Freda Rasmussen, Methodist hospital. Merritt and Dorothy Thompson, Methodist hospital. John and Margaret Butler, Christian hospital. Fred and Gertrude Fordyce, Christian hospital. Daniel and Winifred Gradv, 225 West Thirty-First. Carl and Olive Hofmann, 536 N. Keystone. Boys Emmett and Clara Walls, Christian hospital. William and Marie Dickson, 3024 College. Henry and Fay Harlow, 1248 Kappas. Alton and Helen Young, 1343 West Twenty-Eighth. Deaths Thomas H. Gibson. 50. 210 East Thir-ty-Third. cerebral hemorhage. Robert Dumont, 740, 4532 Hovey, broncho pneumonia. Stephen P. Beck, 59, 1046 Eugene, carcinoma. Mollie Washington, 49, 929 West Eleventh, pulmonary tuberculosis. William Hall, 36, 313 Minerva, appendicitis. Charles H. Noon. 32, 310 N. Brookside boulevard, accidental. William Townsend, 69, 1918 Hillside, carcinoma. Infant King, 1 day, 2222 North Capitol, premature birth. , Amelia Mithoefer, 30, Christian hospital, chronic cholecystitis. Infant White. 1 mo., 1520 Kennington, broncho pneumonia.
LARGE RECEIPTS OF HOGS HAVE HEAVY EFFECT Cattle Strong With Vealers Selling Down; Sheep y Look Weak. Oct. Bulk. Top. Receipts 16. 10.10 10.25 8,000 17. 9.90 10.00 7.500 18. 9.90 10.00 6,500 19. 9.65 9.65 10,000 20. 9.75 9.80 4,000 22. 9.65 9.75 7.500 23. 9.50 9.60 9,500 Hogs arrived in quantity at the city yards today, receipts being 9,500; holdovers were 381. The market was generally 15 cents lower, the bulk, 180 to 275 pounds, selling at $9.50. Some double loads brought $9.55 to $9.60. Top, $9.60. Cattle were strong. Steers selling at an early price of sll to $14.50. She stock was held higher. Vealers were 50 cents lower, selling at $15.50 on down. Sheep and lambs were weak to lower. Good to choice around sl3. Fat ewes were $5 to $6.50. Breeding classes selling at $7 and better. Chicago hog receipts were 33,000, including 500 directs. Market very slow with early sales and most bids 10 to 20 cents lower than Monday’s best prices. Odd lots of good 210 to 260-pound averages sold at $9.40 to $9.55. Holding strictly sorted kinds at $9.65 and higher. Cattle receipts were 12,000; sheep, 12,000. Hog prices at the union stockyards were: 250 to 350 pounds, $7 25 to $9.55; 200 to 250 pounds, $9.50 to $9.60; 160 to 200 pounds, $9.25 to $9.50; 130 to 160 pounds, $9 to $9.15; 90 to 130 pounds, $8.25 to $8.75; packing sows, $7.75 to $8.75. Cattle receipts were, 1,000. Market strong. Calves receipts 600. Market lower. Beef steers, sll to $14.50; beef cows, $7.50 to $10; low cutter and cutter cows, $5.25 to $7; vealers, $14.50 to $15.50; heavy calves, $6.50 to $11; bulk stock and feeder steers, $8 to $11.50. Sheep receipts, 1,400. Market weak to lower; top fat lambs, $13.25 quotable; bulk fat lambs. $12.50 to sl3; bulk cull lambs, $7.50 to $10.50; bulk fat ewes, $4.50 to $6.50. —Hogs— Receipts, 9,500; market. lower. 250-350 lbs t 7.250/ 9.55 200-250 lbs 9.50© 960 160-200 lbs 9.254/ 9.50 130-160 lbs 9.004/ 9.15 90-130 lbs 8.254// 8.75 Packing sows 7.754/. 8.75 -CattleReceipts, 1,000; market, strong. Beef steers SII.OOO/14.50 Beef cows 7.504/ 10.00 Low cutters and cutter cows 5.254/ 7.00 Bulk stock and feeder steers B.oo® 11. 50 '■—Calves— Receipts, 600; market, lower. Best vealers $14.50® 15.50 Heavy calves 6.50®U.00 —Sheep— Receipts, 1,400; market, lower. Top fat lambs $13.25 Bulk fat lambs 12.500/ 13 00 Bulk cull lambs 7.504/ 10.50 Bulk fat ewea 4.50® 6.50 Other Livestock By United Press CHICAGO. Oct. 23.—Hogs—Receipts, 33,000; butchers and light hoks 104/ 20c lower than Monday's hlgn time or weak to 10c lower than the average; packing sows around steady; top, $9.60; butcher, medium to choice. 2*o-350 lbs.. $9.10®8 60: 200-250 lbs.. $9,154/9.60; 160-200 lbs.. $8.90 (9*9.45; 130-160 lbs., $8,654/ 9.45; pac/ting sows, $8,254/8.80; pigs, medium to choice, 90-130 lbs., $8 254/8.90. Cattle—Receipts, 7,000; calves, 3,000’ mostly steady on steers, supply relatively scarce; weight cattle very scarce; eastern shipper demand still at standstill du to New York kosher strike; fairly good market on shestock and bulls; veals 50e, lower; largely sl4; slaughter classes, steers, good and choice, 1,300-1,500 lbs., $144/17.25; 1,100I. lbs., $144/ 17.25; 950-1,100 lbs., $13.75 & 17.50; common and medium. 850 lbs., $8,754/ 14; fed yearlings, good and choice, 750-950 lbs., $14,509- 17.50; heifers, good and choice 850 lbs. down. $144/17; common and medium. $7,754/ 14; cows, good and choice, $9,254/11.75; common and medium, s7l/9.25; low cutter and cutter cows, $5,754/7; bulls, good and choice, beef, $9,504/ 10.75; cutter to medium, $6 75 ®9.40; vealers, milk fed, good and choice, $134/-14.75; medium, SI2.SO® 13; cull ana common, SB4/ 12.50; stockers and feeder steers, good and choice, all weights. $11.50 © 12.75; common and medium. $8.50® 11.50. Sheep—Receipts, 12,000; no particular activity early; few sales and bids about steady on desirable natives; asking a little higher for choice offerings; range killers practically absent; sheep about steady; indications steady on feeding lambs; lambs, good and choice. 92 lbs. down, $12,254/ 13.50; medium, $11.35® 12.25; cull and common, $7,504/ 11.35; ewes, medium to choice, 150 lbs. down, $4.25® 6.50; cull and common, $1,754/ 5; feeder lambs, good and choice, $12,254/ 13.30. By United Press PITTSBURGH. Oct. 23.—Hogs—Receipts, 1,000; market, steady; 250-350 ibs.. $9,504/9.85; 200-250 lbs., $9,754/9.90; 160200 lbs., $9*504/9.95; 130-160 lbs., $9,254/ 9.85; 90-130 ibs., $3.75®9.50; packing sows, $8©8.50. Cattle,—Receipts, none’ calves, 50. market, weak; beef steers, $lO (<! 10.35; light yearling steers and heifers, $94/10.25; beef cows, $8479.50; low cutter and cutter cows, $5(7/ 7.50; vealers, $134/ 17; heavy calves, sß® 15. Sheep—Receipts, 350; market, steady; top fat lambs, $13.50; bulk fat lambs, $11.50® 13.50; bulk cull lambs, s7® 10; bulk fat ewes, [email protected]. By United Press EAST BUFFALO. Oct. 23.—Hogs—Receipts, 600; holdovers, 600; market, 10® 15c down; pigs, draggy; 250-350 lbs., $9,40 ©>9.85; 200-250 lbs., $9,604/ 10; 160-200 lbs., $9,604/ 10; 130-160 lbs., $9,254/9.75: 90-130 lbs., $94/9.50; packing sows, $8,254/8.75. Cattle—Receipts, 50; calves, 100; market, steady, 50c down; beef steers, sl2© 15; light yearlings steers and heifers, $134/ 16; beef cows, $84710; low cutter and cutter cows, $4,504/ 6.75; vealers, $15,504/ 16. Sheep—Receipts 700; market, slow, steady; bulk fat lambs, $13,254/ 13.50; bulk cull lambs, $8.75@11; bulk fat ewes, $6 @7. By United Press CINCINNATI, Oct. 23.—Hogs—Receipts, 4,200; holdovers, 730; market, irregular; 250-350 lbs., $8,754/9.60 : 200-250 lbs.. $9.25 479.60; 160-200 lbs., $9,254/9.60; 130-160 lbs $94/9.50; 90-130 lbs., $7,504/9.25; packing sows, $6,504/ 8. Cattle—Receipts, 400; calves, 300: market, steady: beef steins, $8,504/ 14; light yearling steers and heifers, $8.50® 14.50; beef cows, $74/10; low cutter and cutter cows, $5,254/6.50: vealers, $134715.50; heavy calves, $94714; bulk Stocker and feeder steers, $94/10.50 Sheep—Receipts, 750: market, steady: top fat lambs, $12.50; bulk fat lambs, $10,504/ 12.50; bulk cull lambs, $6,504/9.50; bulk fat ewes, $347 5.50. By Times Special LOUISVILLE. Ky„ Oct. 23.—Hogs—Receipts, 1,000; market, 104/15c lower; heavy and medium hogs, 180 lbs. up. $8.70 4/9.20; pigs and lights. 180 lbs. down, $7.25 @8.35; stags and throwouts. $6,804/7.40. Cattle—Receipts. 200: market, steady: prime heavy steers. $12,504/ 13.50: heavy shipping steers. $10.504712.50: medium and plain sters, $91710.50; fat heifers, $7.50 4712: good to choice cows, $7,754/9.50; medium to good cows, $64/7.75; cutters, $5.50© 6: canners. $54/5 25 bulls, $64/ 8.75: feeders, [email protected]; stockers, $74/ 11. Calves—Receipts, 200; market, steady; god to choice, sll4/13; medium to good. $94/11: outs. $9 to lower. Sheep —Receipts. 100; market, steady; lambs, $11,504/12: seconds, SB4/8.50; sheep, $44/6 bucks, $34/3.50. Monday's shipments— Cattle, 1,726; calves, 571; hogs, 523; sheep, none. Bu United Press FT. WAYNE. Ind., Oct. 23.—Calves—Receipts, 100; hogs, receipts. 600: sheep, receipts, 200; market, steady to 25c lower; 90-120 lbs.. 58.25; 120*140 Ibs., $8.50; I*o- - lbs.. $8.65: 160-180 lbs.. $8.90; 180200 lbs.. $9, 200-225 lbs., $9.10: 225-250 lbs., $9.25; 250-300 lbs.. $9.45: 300 lbs. up, $9.15; roughs, $8; stags. *5.50; calves, sls: lambs, *11.50. COTTON OPENING By United Press NEW YORK. Oct. 23.—Cotton futures opened higher. October 20.10, up .17; December 19.80, up .08; January 19.76, up .07; March 19.75, up .11; May 19.60, up .09; July 19.48, up .09.
THE INDIANAPOLIS TIMES
Local Wagon Wheat
City grain elevators are paying $1.28 for No. 3 red wheat and $1.02 for No. 2 hard.
Produce Markets
Butter (wholesale price)—No. 1. 50@51c: No. 2. 46%®48c. Butterfat, 48@>49c. Cheese (wholesale selling prices, per poundl—American loaf. 35c: pimento 'oaf. 37c; Wisconsin flat. 28c; prime cream. 27c; Daisy, 27; Longhorn, 28c; New York Limberger. SOc. Eggs—Buying prices: Fresh delivered at Indianapolis, loss off, 324/S4C. Poultry (buying prlcesi-Hens. 23@24c: Leghorn hens, 184719 c; 1928 spring, large breed, 2 lbs. and up. 22 47 23c; Ito I 3 A lbs., large. 214722 c; Leghorns, 184120 c; old roosters, large, 12c small, 104713 c; ducks. 12© 15c; geese, 8® 10c; guineas, young, 40c; old 30c. By United Press CHICAGO, Oct. 23.—Eggs—Receipts, 8.017 cases; extra firsts, 37%@38c; firsts, 314/37c; ordinaries. 28© 32c.; seconds. 24',, 27c. Butter—Receipts. 10,306 tubs; extras, 46%c; extra firsts, 45@45%c; firsts, 43© 44c; seconds. 414/42%c; standards. 45%c. Poultry—Receipts. 2 cars; fowls. 18 W29c; springs. 184/28c; Leghorns. 224/ 24c; ducks, 174/25c; geese, 214/22c; turkeys. 25 ©3oc; roostprs, 20c. Cheese—Twins. 24c; voung Americas, 24 3 %4;25c. Potatoes—Arrivals 160, on track 523, In transit 887; Wisconsin sacked round whites. 65’/85c; mostly 754/ 80c; Minnesota and North Dakota sacked round whites, 70© 85c; sacked Red River Ohtos. 90© 95c; South Dakota sacked Early Ohios. 80© 90c: Idaho sacked Russets. $1,754/1.90. few dark color, $1.60.
HOOVER SPEAKS AT NEW YORK Attacks Al Smith’s Program as ‘Socialism.’ (Continued From Page 1) once we have an entire blight upon coordinated action within their ranks which destroys any possibility of effective administration. "Thus every time the federal government goes into a commercial business, 531 senators and congressmen become the actual board of directors of that business. Even if they were supermen and if there were not politics in the United States, nobody of such numbers could competently direct commercial activities, for that requires initiative, instant decision and action. It took congress six years of constant discussion to even decide what the method of administration of Muscle Shoals should be. "The effect upon our economic progress would tfe even worse. Business progressiveness is dependent on competition. "There is no better example of the practical incompetence of government to conduct business than the history of our railways. During the war the government found it necessary to operate the railways. That operation continued until after the war. Tn the year before being free from government operation they were not able to meet the demands for transportation. Eight years later we find them under private enterprise transporting 15 per cent more goods and meeting every demand for service,” he continued. Protect Nation’s Resources "The great body of government employes which would be created by the proposals of our opponents would either comprise a political machine at the disposal of the party in power, or alternatively, to prevent this, the government, by stringent civil-service rules, must debar its employes from the full political rights as free men. "I do not wish to be misunderstood. I do not mean that our government is to part with one iota of its national resources without complete protection to the public interest. I already have stated that where the government is engaged in public works for purposes of flood control, of navigation, of irrigation, of scientific research or national defense, or in pioneering a new art, it will at times necessarily produce power or commodities as a by-product. But they must be a by-product of the major purpose, not the major purpose itself. "Nor do I wish to be misinterpreted as believing that the United States is free-for-all and devil-take-the-hindmost. The very essence of equality of opportunity and of American individualism Ls that there shall be no domination by any group or combination in this republic. whether it be business or political. Home Industries Need Help "As to our great manufacturing and distributing industries, the Republican party insisted upon the enactment of laws that not only would maintain competition, but would destroy conspiracies to destroy the smaller units or dominate and limit the equality of opportunity amongst our people. "We still have great problems if we would achieve the full economic advancement of our country. In these past few years some groups in our country have lagged behind others in the march of progress. I refer more particularly to those engaged in textile, coal and in the agriculture industries. "We can assist in solving these problems by co-operation of our government. "To the agricultural industry we shall need to advance initial capital to assist them to stablizie their industry. But this proposal implies that they shall conduct it themselves, and not by the government. "It is in the interest of our cities that we shall bring agriculture and all industries into full stability and prosperity. FATHER TO KIEP~ SON Supreme Court Upholds Right to Custody. Custody of his son, Robert Ellsworth Redding, remains with Harry E. Redding under a ruling of the supreme court affirming the decision of the Wells circuit court. Redding was divorced from his wife, now Mrs. Loraine Weber, in 1922. He was awarded custody of the boy at that time and provided a home for him at his sister's. Mrs Rboert Gordon, on a Wells countyfarm near Bluffton. Mrs. Weber later sought to secure custody of the boy and failing in the lower court, appealed.
NEGRO LODGE PLANS ANNUAL PARLEY HERE District Convention to Be Held in Simpson Church on Two Days. Annual district convention of the Supreme Royal Circle of Friends of the World, will be held at Simpson M. E. church. Eleventh and Missouri streets, Thursday and Friday.' Welcoming services will be observed Thursday night, with addresses by C. E. Spencer of Kentucky. J. F. Johnson, Thor.ias Dex ter and Mrs. Dove Smith. Response will be by Dr. R. A. Williams of Chicago. Musical numbers are scheduled by the Victor quartet of Olivet Baptist church, “The Unknown Churs,” Mrs. Blossie Roberts, Mrs. Lotta Snowden and Mrs. Annena Kendrick. National hospitals are maintained for members of the supreme organization. Its benevolent program is said to be the most attractive among similar Negro institutions. Chicago Man Is President Supreme officers are Dr. R. A. Williams. Chicago, president; Mrs. R. A. Williams, governess; Charles L. Bryant, Chicago, supreme commander; Mrs. Lula S. Bryant, secretary. and Dan L. Williams, supreme secretary. Indiana representatives are Mrs. Dove Smith, assistant state district superintendent; R. T. Williams, district deputy; Mrs. Ella Williams, James Smith, S. T. Terry, Mrs. Ella Conley and Mrs. Maude Robinson, local presidents. Mrs. Francis B. Coston. president of the Educational Aid Society, states that the concert scheduled for Caleb Mills hall tonight is to be the best ever offered by the society. Mrs. Coston says this will be she last concert given at Caleb Mills hall because the building is to be used for other purposes. Artists from other states and this city are on the program. A series of Democratic meetings will begin tonight at Liberty hall, Twelfth street and Senate avenue. Good Speakers Obtained Prominent speakers have been engaged by the Universal Improvement Association, sponsor of the meeting. ‘My impressions of Africa" will be the story told in pictures Wednesday night by the Rev. J. D. Barber at Liberty hall. Leaders in these meetings are M. Minyard, president, and C. De Honiesto, retaryEngagements of the Rev. F. F. Young, pastor of the North Indianapolis Baptist church, include an installation sermon at the second Baptist church. Kokomo, tomorrow night. The new pastor Ls the Rev. Charles W. Lewis. IndianapolLs. The Rev. Mr. Young and choir are scheduled to present a program at the Union Tabernacle Baptist church Thursday at 8 p. m. The Rev. R. D. Leonard is pastor. A patriotic program is to be presented at the Colored Women's Club home. 2034 N. Capitol avenue, to morrow night. Fifty women are to assist in building an American flaflgfl. Sisters of Charity lodge No. 4 will present the program, of which Mrs. Cordelia Ford and Mrs. Fannie Tompkins are leaders. Club Holds Smoker Annual smoker of the Lotus Club was held at the home of Newton Pullens, West Twenty-fifth street. Officers for the next term are: Willis Roland, president; Edward Harris, secretary; Rufus Wharton, treasurer; Everett Bowles, assistant secretary, and Oscar Suggs, sergeant-at-arms. Bishop C. C. Allaine of the Tenth Episcopal district, which includes Indianapolis, will be the principal speaker at Jones Tabernacle A. M. E. church, Wednesday night. The address will close the financial campaign of the church, of which the Rev. Stephen G. Spottswood is pastor. A mock political campaign is to be presented at the Negro Y. M. C. A. Friday night. Speakers on the program will represent the Republican. Democratic and Socialist parties. The campaign is being directed by officers and members of the industrial department of the Y. W. C. A. An old maids’ convention at Phillips temple, Drake and West streets, is announced for Thursday night. Mrs. Gladys N. Norris, wife of the pastor, is program manager. Miss Dora Knight, teacher, of Terre Haute, was the house guest of Mrs. Adelaide Bennet of West Nineteenth street, during the teachers convention last week. Society to Give Program A special program will be presented Sunday when the Marion County Missionary Society holds its monthly meeting at North Indianapolis Baptist church. Miss Ethel Cheatham. Trinity apartments, has left for her home in Pittsburgh, on account of illness. “Men of Simpson” is the title of the organization formed at the Simpson M. E. church. Meetings are' scheduled for each Sunday at 6:30 p. m. W. H. Keys is president; R. D. Gilliam, vice president, and Stanley Bowles, secretary. Dr. A. E. Davis of Philadelphia, returned to the east yesterday following a week's visit with his wife, Mrs. Flora Davis, a local teacher. An entertainment was given in honor of the doctor at the home in Fayette street Saturday. NEW YORK COFFEE RANGE —Oct. 22High. Low. Close. January 15.90 15.90 15.90 March 15.50 15.40 15.40 May 15.05 15.05 15.95 July 14.55 14.55 14.55 September 14.36 14.25 14.V5 December 16.20 16.15 16.21 Bar Actors From Poland By United Pn ss WARSAW, Poiand, Oct. 23.—The government decided today to forbid foreign vaudeville artists and cabaret performers to come to Poland. Those now in the country were ordered to leave. One reason given was that the high salaries commanded by foreign artists disturbed the balance of trade. .
STATE NEARS END IN RAIDER’S TRIAL
Cousin of Wounded British Girl Given Candy by by Dry Agents. By United Press ELYRIA, Ohio. Oct. 23.—Completion of the state’s case against Luis Cicco, former Lorain dry raider charged with “shooting with intent to wound” Miss Betty Heywood, 22, a British subject, was expected late today. Miss Heywood was shot the night of Sept. 29 when the driver of the automobile in which she was riding failed to stop for Cicco and two other agents. Mrs. Charles Edwards, Miss Heywood’s aunt, took the witness stand today to tell of visits Cicco and the other agents—Frank Klady and Walter Knitter—Made to her home following the shooting. Cicco told her that he was "sorry over the shooting,” she testified, she also told of the agents’ giving her 4-year-old daughter candy and telling her stories. Cicco examined the car and the bullet hole. Mrs. Edwards said. “I saw him put a pencil through a bullet hole,” she testified. “The pencil pointed directly at the driver's back, and I said to him, ‘You made a good shot for Mr. Edwards.’ ” Edwards was driving the car at time
Christian Scientist Gives Two Lectures in City
Appears at Keith Theater in Day Meeting, at Night in Church. Charles I. Ohrenstein, Syracuse, N. Y., member of the board of lectureship of the First Church of Christ, Scientist, Boston, lectured twice here Monday, at the Keith theater at noon, and in Second Church of Christ, Scientist, Twelfth and Delaware streets, at night. His subject was "Christian Science; the Science of Well-Being.” He said in part: “The Bible enjoins us to ‘pray without ceasing.’ The practice of Christian Science Ls such prayer. "When Jesus’ disciples asked him to teach them to pray, he cautioned them against public or audible prayer, against word-worship, and supplication, telling them not to be like the heathen who think that they shall be heard for their much speaking—adding, ‘for your Father knoweth what things ye have need of, before ye ask Him.” He then illustrated his meaning in a prayer which has since been cnled the Lord’s Prayer, and which, as Mrs. Eddy states in Science and Health, page 16, covers all human needs.’ According to a recent translation this prayer does not consist of supplications, but of declarations—the declarations that God’s name (that which shows forth God—His character or nature) ‘must be being hallowed;’ that God’s ‘will must be being done both in heaven and upon the earth.’ “A good many years ago the chancellor of one of our universities—a clergyman of many years’ experience—asked me how we pray in our churches. I told him that at every service we have silent prayer, followed by the audible repetition of the Lord’s Prayer, and that this is our only audible prayer. “After a few moments of silmt thought, this well-known clergyman and scholar said, ‘Mr. Ohrenste/n, I have been a minister of the Gospel for forty-five years, and were it possible for me to live my career over again, I should never make any audible prayer except the Lord's Prayer.’ "With your permission, one more word—a word about the woman who discovered this Science and gave it to the world. So meek, so modest, and so retiring was Mrs. Eddy that after she had proved her doctrine, taught t to others, published it, so that all could avail themselves of it and be benefited by it—after she had hedged it about so as to preserve it for all time in its purity—although continuing to direct the great movement she had founded—she withdrew herself from the world to meditate and to commune with God. "She never stooped except to lift some fallen brother, or some fallen sister. In her the humility, meekness, purity, and righteousness taught in the Beatitudes were exemplified, personified.”
REMOVAL POSTPONED Hearing for Alleged Auto Ring Defendants Nov. 23. Hearing on removal of Ted Baldwin and Miss Lloyd Harrison, arrested at Chicago in connection with the alleged Indianapolis motor car theft ring, has been postponed until Nov. 23, ten days after trials of the nineteen defendants, according to word received today by Albert Ward, United States district attorney. Ward was in Chicago today on another case. Effect of the delay in the removal hearing in federal court at Chicago, according to Alexander G. Cavins, assistant district attorney, will be to prevent their trial, Nov. 13. with other theft ring defendants. The federal grand jury will meet Thursday to resume investigation of the alleged ring. The grand jury is expected to complete its work within two days. It probably will make its final report Saturday, it was said. Veteran Chosen Chaplain By Times Syeeiat MARION, Ind., Oct. 23.—The Rev. P. E. Greenwalt, a member of the North Indiana Conference of the Methodist Episcopal church for twenty-eight years has been appointed chaplain of the soldiers home here. He is a veteran of the World war.
tl I
BETTY HEYWOOD
of the shooting. Cicco’s defense will be that he and the other agents had received a “tip” that an automobile load of liquor was to be delivered at the time of the shooting.
PAY PROPOSAL GIVEN MINERS Indiana Workers to Vote Saturday. By United Press TERRE HAUTE, Ind., Oct. 23. Officers and members of local unions of District No. 11, United Mine Workers of America today were formally advised that next Saturday is the date set for a referendum vote on the tentative wage scale agreement adopted by a committee here last Thursday. The basic wage scale in the agreement to be voted upon is $6.10 on a day wage basis and 91 cents per ton on a tonnage basis. A notice sent to miners today by the union said: "Knowing that Ohio has made a contract for a $5 basic scale and of also the situation in Pennsylvania and elsewhere throughout the bituminous coal fields, we feel that the agreement tentatively agreed to and subjected to your ratification, which we are submitting to you, should receive your thoughtful and favorable consideration. Believe adoption of this contract for Indiana will give us the best contract, within the jurisdiction of our organization, and that it is a splendid agreement. You understand that failure to adopt it will leave District No. 11. without an agreement and our idle membership should be taken into consideration by you as they hve by your scale committee.”
The City in Brief
WEDNESDAY EVENTS Midwest Motor Truck Transportation Congress, Manufacturers' building, state fairgrounds, all day. Associated Master Barbers of America convention, Lincoln, all day. Purdue Alumni Association iunchron, Severin. Illlnl elub luncheon, Board of Trade. Lions clnb luncheon, Lincoln. Junior Chamber of Commerce luncheon, Chamber of Commerce. Kiwanis club luncheon, Claj pool. Billy Sunday lecture, Cadle tablernacle, evening. Approximately 800 employes of the Pettis Dry Goods Company were guests Monday night of the firm's executives at a party in the store, celebrating the company's diamond jubilee. The founding of the store seventy-five years ago also is being celebrated this week by a special sale. Funeral services for Earl Calvin, 33, Indianapolis race driver who was killed Sunday at a Cincinnati speedway. will be held at 2 Wednesday afternoon at the home, 1327 East Minnesota street. Burial will be in New Crown cemetery. Edward Piper, 14, of 860 Udell street, was missing from his home today. His mother told police Edward failed to return home from school Monday. The Rev. Francis E. Mellon was elected president of the Social Workers’ Club at the first fall meeting of the organization Monday night. Others elected were: Miss Nell Dunkle, vice-president; Albert O. Hensley, secretary, and Miss Laura Greeley, treasurer. Lieutenant F. F. Ferris. United States navy recruiting officer, spoke Monday night before members of the Sen-ice Club on “Navy Day,” which is to be observed • Saturday, the birth anniversary of Theodore Roosevelt. He outlined plans for the day’s observance in Indianapolis and urged the co-operation of the club members. Charging he obtained naturalization papers by fraud, proceedings to cancel the citizenship of Steven Mesikonis, Russian, have been instituted in federal court. The petition charges Mesikonis was granted citizenship in federal court Nov. 6, 1918, but that he has taken up permanent residence in Lithuania. Anew automatic stamp-selling machine has been placed in the Indianapolis postofflee lobby. The machine retails 1 and 2 cent stamps and makes change for the customers. It was provided, on a trial basis, for benefit of customers wishing stamps after the stamp windows have closed. The Indianapolis Real Estate Board will hold an "experience” meeting at its luncheon at the Chamber of Commerce Thursday. Board members will discuss "How I Closed a Difficult Deal.”
OCT. 23, 192*
STOCKS HOLD ! POSITIONS IN EARLYTRADING Confidence Shown in Effect of Last Two Day’s Liquidation.
Average Stock Prices
Average of thirty Industrials Monday was 253.60, off .15. Average of twenty rails was 141.87, off .14. Average ol forty bonds was 96.63 off .01. y • BY ELMER C. IVALZER United Press Fnancial Editor NEW YORK, Oct. 23.—Indications that the stock market’s technical position had been strengthened by the last two days of profit-taking were noted in the early trading today. Prices at the outset were firm throughout the list. Leading issues in several instances were higher, and more confidence was exhibited in some of the stocks which had been depressed yesterday and Saturday. International Nickel ran up sharply and United States Steel was stronger, while General Motors held steady around the previous close. Radio Corporation ran up 3 points, while Atlantic Refining soared 14 points to 218, anew record high. New highs were made by Dunhill at 87% up 3%, Alaska Juneau up 1% to 9%, Great Northern Ore up % at 33%, and Missouri-Kansas-Texas up % at 47*4. United States Steel opened up ■% at 160% and then advanced to 161%. Graselli Chemical spurted to a ne whigh at 89% up 2% following a report of negotiations with Dupont. The acquisition of Graselli by Dupont is said to be ready for consummation, being held in abeyance pending decision of the United States Department of Justice as to whether the merger would violate anti-trust laws. Oils were in fair demand, followRefining. The latter was bought on the excellent report for the first ing the sharp advance in Atlantic nine months just issued. BarnsdalL A worked down, however, but Texas Corporation and Standard Oil of California were in demand. The initial sale of California involved 8,800 shares at 63, up 1%. On the opening Alaska Juneau had a sale of 14,000 shares at 8, while 7,800 shares of Mother Lode came out at 4, up %. Montgomery Ward sold off more than three points to 342%, Lambert a point to 130%, and Collins & Aikman to points to 60. International Nickel after touching 186 up 6 points, eased to 181 and further profit-taking developed on the bulge.
Banks and Exchange
Indianapolis bank clearings today were $4,147,000; debits were $7,359,000. NEW YORK STATEMENT Bit United Press NEW YORK, Oct. 23.—Hank clearings, $1,720,000,000; clearing louse balance, $133,000,000; federal reserve bank credit balance, $115,000,000. CHICAGO STATEMENT Bn United Press CHICAGO, Oct. 23—Bank clearings, $128,700,000; balances. $8,900,000. B'l United Press WASHINGTON, Oct. 23.—The treasury net balance for Oct. 20, was $263,107,980.78. Customs receipts this months to the 20th, were $40,397,960.79.
In the Stock Market
(By Thomson & McKinnon) NEW YORK, Oct. 23.—Every day a lew sensations, a few conspicious leae'ers, but the hi If dozen cr more issues that advance at time sensationally do not help the many hundreds of issues that are either inactive or actually being subjected to pressure from liquidating And all the while there is really nothing new in the fundamentals of the market. Business continues good and even the money market that was so disturbing for a while shows a tendency toward normal. The position of the trader is made difficult by reason of the fact that his thoughts and discussions turn on the words bullish and bearish. There really is no occasion for such discussion at this time. All that is required is the application of tho principles of ordinary business. One of those principles is don’t be over stocked and the other is when you have a good profit take it. This is particularly important at this time because you have a lot of company and the least little thing could at any moment upset things and make it very unpleasant for every one. SUGAR OPENING By United Press NEW YORK, Oct. 23.—Sugar futures opened steady. December 2.03, off .01; January 2.05; March 2.09, up .01; May 2.16; July, 2.24; September^2.3l. Funeral Directors W. T. BLASEUGYM— Main office 2226 Shelby St. Drexel 2570 FINN BROS. FUNERAI HOME 1638 N. MERIDIAN TA. 18S&. George Grinsteiner Funeral director. 622 K. Market. Riley 5374. BERT 8. GADD. 2130 PROSPECT ST. DREXEL 6307, _____ G. H. HERRMANN 1722 8. East St. Dr. 4477, KRIEGER. WM. E. FUNERAL DIRECTOR 1402 N Illinois St. Rl. 1234. Res.. Be. 3866-R 1 UNDERTAKERS HISEY & TITUS 931 N. Delaware. LI. 3828. J C. WlLSON—Funeral parlors; ambulance service and modern automotive eaulpment. Dr 0321 and Dr 0322. T ransportatton YELLOW AY Busses to all principal cities from coast to coast that are safe, comfortable end luxurious. Careful. courteous drivers and fares that are very low. Depot Denison Hotel. Rl. 2273. Lost and Found AIREDALE -Short tail; last seen Strand theater Sunday night. Reward. LI. 4182. BAR PlN—Studded with sapphire*, pearls; lost Oct. 20; reward. 1667. BROACH—Cameo: keepsake, dead mother: shell cracked; setting worn; lost downtn.; Sat, afternn. Mrs. Toohey. Hu. 5659. Re. DOG—German police; female; 8 months old; gray with cream markings; reward. Call Ta. 5884 DOG—Bull, fox terrier: brown, white spots. Name "Spike." Children’s pet. Rl, 9326, DOG—Female. English buli; lost. Reward. 2606 E. Washington. Ch. 1288-W. GLASSES — White gold, rimmed; lost Friday evening. Oct. 12, In Kernel Bros. case. Ir. 0870-W, HOUND—Black, lost on or near Bosan avenue. Ir. 1879-M. 747 Bosart.
