Indianapolis Times, Volume 40, Number 137, Indianapolis, Marion County, 29 October 1928 — Page 16
PAGE 16
WHEAT REACTS FROM PREVIOUS SHARP ADVANCE Liverpool Responds Fairly Well to Late Upturn of Saturday. Bn United Press CHICAGO, Oct. 29.—Wheat- reacted today from the sharp advances of Saturday, suffering fractional losses. Corn showed a good tone and made moderate gains. Oats were steady. At the opening wheat was *4 cent to % cent lower, corn was up 14 cent to % cent and oats were unchanged. Provisions were strong. The Liverpool market today responded fairly well to the big advance in wheat here Saturday. As a result, trading sentiment is a little more two-sided than last week. A large increase in the visible supply is expected today, but it is believed that the movement of wheat is past its peak. Large receipts of corn are expected at many terminals today. It is predicted that the visible supply again will show a decrease. American corn is selling below the Argentine grain, resulting in good export business. Weather over the belt i.< corn, with some snow reported in Nebrasga and Kansas. Oats are without feature. Trading in the futures is dull, and in the cash market light receipts are balanced by light demand. Chicago Grain Table Prev. WHEAT— High. Lor. 12:00. Close. Dec. 1.18% 1.17% 1.17% 1.18% Mar 1.23% '.21% 1.22 V* 1.22% Mar 1.26% 2.25 1.25V* 1.25% CORN — Dec 82% .81% .82 .81% Mar 84% .84% .84% .88% Mav 87% .36% .87 .86% OATS— Dec 43% .43% .43*4 .43% I Mar . . .44% 44% Mav 45% .45 . 45% .45% r *YE Dee. -.04 Vi 1.03% .103% 1.04 Mar 1.07 1.06 1.06 1.06% May ..1.09 1.08 1.08 1.09 !■; i; Times SpecialCHICAGO. Oct. 29. Ca riots: Wheat 96: corn. 228; oats. "6; rye. 17.
Commission Row
PRICES TO RETAILERS FRUITS Apples—lndiana Jonathan. sl. /sft. .2 crate; box Jonathan. $2.50: box Grimes $2.25; bushel Wolf Rivers. $1.50% 1.75. Winter Bananas—s2,2s4/2.50. Cantaloupes —Persian. $3.75: Ca.saba. $3 Cranberries—s4.2s. 25 lb. box. ' Grapes—Seedless. $?.501/2.75; Concord. 30c a five-pound basgket: Tokav. $1.69# 1.75. Grapefruit—s.'.73 orate. Huckleberries—Michigan. $6,501/7. qt. basket. Lemons—California $74/ 7.50. Limes—Jamaica. 62.25x1/2.90 per 1 0 Oranges—California Valencias. ST'": 1 crate; Florida. $"4/-7.50. Pomegranates—s3 crave. Persimmons—Japanese $2.75*13: Indiana, $1.25 a box of 12 pints. Pears —Washington, per box. $3.50; York Bartlett?. S3. Plums—California. s2< 3 bushel. vegf.tari.es Artichokes—Sl.so a t'mi.. Beans—Southern Ptfinglese. $4 bu. wax. $3. Cabbage—Fancy home-grov.n. $2.50 ib! ; Wisconsin. 2VbW3c lb. Cauliflower—California. $2.5015 2.75. Celery—Michigan, $1 crate; home crow... 25t/145c doz. bunches. Cucumbers—lndiana hothouse, firm grown, $2.50 doz. Eggplant--:// do/. Kale—Spring. $1 bit. Mustard—Fancy home grown. $1 *'u. Okra—Tennesse. 51.50 basket. Onions—Home-grown yellow. s2l/2.25 50 lbs.. Utah, large. $4 50 per crat; Californi . $2.25 crate. Parley—Home grown. 50c doz. buuchc Peas—California, $74/8. 45-lb. crate. Peppers—Home-grown Mangoes, $2 bu Potatoes—Michigan round whites $2 150 lbs.: Ohio. $1.20, 120 lbs. Radishes—Hothouse, button, 50c do’en bunches. Spinach—Fancy home grown $1 251/ 1.50 bu. Tomatoes—California, ?0 lbs., ’s2. r 5: hothouse, $2.50. Cocoanuts—s6.so per bag of 100. Sweet potatoes—lndiana Jersey, $2.25 per bu.: Virginia Jerseys, $3.254?3.50 per bu.; Tennessee Nancy Halls, $2.50 a ram per.
Indianapolis Stocks
—Oct. 29Bid Ask. Amer Central Life 700 . , Belt R R & Stkyds com 60 71 Belt RR & stkyds pfd .. .. 59 63 Central Ind. Power Cos pf ... 96 Ik ... Cities Service Cos com 70'/Cities Service Cos pfd 100 Citizens Gas Cos com 56 57> . Citizens Gas Cos pfd 102 lo3'/> Commonwealth Loan Cos pfd...tol‘/ 2 105 Equitable Securities Cos c0m.... Hook Drug Cos com 34’/ Horuff Shoe, com 12ta ... Indiana Hotel Cos com .... .125 Indiana Hotel Cos pfd 101 Indiana Service Corp pfd.... 92 Indianapolis Gas Cos com 62 64 Indpls & Northwestern pfd.. 20 Indpls Water V/ks Cos. 5s pfd..!o2 ! ,i ... Indpls P & L 6s pfd 105 1061/ ‘lnpdls P & L 7s 98 lOl'u Indpls Pub Wei Ln Assn 47... Indpls St Ry Cos pfd 33 I '.. 39 1 • Interstate P S C prior 1ien...104 106' , Interstate P S C 6s pfd 97 100 Merchants Pub Util Cos pfd.... 101 Metro Loan Cos 8s 100 103 Va North Ind Pub Serv Cos 6s 98 100 Northern Ind Pub S Cos 107 109 Progress Laundry Cos com 36% ... E Raub & Sons Fert Cos pfd 50 Real Silk Hos Cos pfd 94 Standard Oil of Indiana 80‘A ... T H I & E Trac Com 1 •? H I & E Trac Cos pfd 11 TANARUS; 11. Trac Jb Lt 96 Union Trac Cos Ist pfd 3 Union Trac Cos 2nd pfd ft Union Title Cos com 80 Van Camp Pack Cos pfd 14 Van Camp Prod Ist pfd 98 101 Van Camp Prod 2nd pfd 92 —Bonds— Belt R R & Stk Yds 4s 89 Broad Ripple Trac Cos os 75 .... Citizens Gas Cos 5s 99 Central Ind Power Cos 6s 100 Chi S B <fc N Ind • 15 Citizens Gas Cos 5s 102 105 Citizens St R R 5s 89 92 Gary St Rv 5s 86 90 Home T & T of Ft Wayne 6s. 102',5 Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 4 Ind Ry & Lt Cos 5s 98 Vi Ind Service Corp 5s 93 Indpls Power & Lt Cos 5s .... 99 101 Ind Union Trac Cos 5s .. 2 Indpls Col & So Trac 6s 99 101 Indpls Gas Cos 5s 100'i Indpls & Martins Trac Cos 55.. 24 Indpls & Northw Trac Cos 55.. 9 Indpls St Ry 4s 6812 7012 Indpls Trac & Term Cos 55... 95*,i 96% Indpls Union Rv 5s 100 Indpls Water Cos sVis 103 104 Inpdls Wa Cos 1953 & '54 5!b5.103 104 Indpls Water Cos 5s 96 Indpls Water Cos 4V2s 95 Water Works Sec 5s 96 100 Interstate Pub Serv 412s .... 89 1 2 Interstate Pub SCo 5s 96V2 ... Interstate Bub S C 612s 104 Va ... N Ind Pub Service 5s 100 Vi ... T H I & E Trac Oo 5s 74 ... T H Trac Ac Lt Cos 5s 95 Union Trac of Ind Cos 6s .... 11 14 —Government Bonds— Liberty Loan Ist 3Vis 98.72 98.92 Liberty Loan Ist 4'/4S 100.96 101.16 Liberty Loan 4th 4Vis 101.02 101.22 U S Treasury 4Vis 112.06 112.26 U S Treasury 4s 106.68 106.88 MEN ONLY FOR SERMON Dr. Straton to Expose New York Vice, Tammany-Protected. Bu United Press KANSAS CITY. Mo., Oct. 29. Dr. John Roach Straton, pastor of the Calvary Baptist church, New York City, campaigner against Governor Alfred E. Smith, expects to give such an “inside picture of Tammany-protected vice’’ in New York that his audience there will be limited to men only, Tuesday night.
New York Stocks " (Bv Thomson A- McKinnon ——— Railroads— Prev. High. Low. Close, close. Atchison 192% 192 192V* 191% Atl Coast Line 163% Balt & Ohio ...113'/2 112 113 111% Canadian Pac .222 219 221% 217 Chesa & Ohio .... ... 185 185 *4 Ches Corp 67 66% 66% ... Chi & N West.. 86% 86% 86% 86% Chi Grt West 13 Vs 13 V* C R I & P 134% 133% 134% 133% Del & Hudson... 192% 186 190% 185>i Del & Lacka 129 Vi 128% Erie 57% 56% 57% 56% Erie Ist pfd 57% Grt Nor ... IOOVi 100% 111 Central 141 142 Kan City South 70% 69 70% 69Vi M K & T 46 45Vi 45% 45% Mo Pac pfd ...123% 122% 123 123% N Y Central 176 174% N Y C to, St L 124% 124% NYNH&H 64% 64V* Nor Pacific 102 100 102 100% Norfolk & West 182*i 181% Pennsylvania .. 65 64% 64% 64% P & W Va 155% 153 155'% 151% Reading 102% 101 Vi Southern Rv 145 144% Southern Pac ..122 121% 122 121 St Paul 34% 33% 34% 34% St Paul pfd ... 50% 49% 50% 50 St L & S W 121 121% St L & S F 116*4 115% Union Pacific ..204 203% 204 201% West Marlyand. 43% 43% 43V4 41% Wabash 78% 78% 78% 77 Rubbers— Ajax 8% 8% Fisk 11% 12 Goodrich 82 Vi 81% 82 81% Goodyear 80% 78% 80% 77% Kelly-Spgfld ... 22 21% 21% 21% United States.. 39 *4 39 39'/* 39V* Equipments— Am Car & Fdv 90Vi ... Am Locomotive. 92% 92% 92%. ... Am Steel Fd 55V* 55% Am B Shoe ... 41 40% 40% 40=* General Elec ...171% 169% 169% 170% Gen Rv Signal.. 104V* 103% 104% 102% N Y Air Brake 41% 41 % 41 Vi 41% Pressed Stl Car 23% 23 23 23’/* Pullman 81% 80% 81% 79% Westingh Air B. 44VA 43% 44% 44 Wcstingh Elec ..116% 114%, 115% 114 Steels— Bethlehem 67*.i 66% 66% 66% Colorado Fuel .... ... 66% 66 Crucible 78 78 Otis 31% 31% Rep Iron & Stl 80% 30 U S Steel 162% 162 162'/* 161% Alloy 40% 39% 40 39% Warren Fdy .... 34% 33% 34 32% Vanadium Corp. 86% 85% 85% 85% Motors— Am Bosch Mag 38 33% Chandler ... 18% 16 Chrysler C0rp...130% 129 130% 128% Conti Motors ... 15% 15 15% 15 Dodge Bros 26% 38% Graham Paige .. 45% 43% 45% '2' General M0t0r5.222 220% 221 120% Hudson 86% 83% 23% 82% Hunp 74 72% Jordan ... 18% 18% Mack Mot ... 93% 92V* Martin-Parry 19 19 Moon 8 7% 7% 7 3 /* Motor Wheel ... 39 38% 33% 39 Nash 92% 92 92 92 Packard ........ 94% 93% 94% 94% Peerless •• 19 18% Pierce Arrow .... ... 20% 21 Studebaker Co?' 77% 77% : Stew Warner 103 106% i Eaton Axle 57 5 4 56% 57% 58% Timken Bear .143 140% 140% 139% 1 Willys-Overland 29 28% i Yellow Trk 37 36% ! White Motor ... 37 37 ) Mining— Am Sillit & Rig. 275% 374 274 1 * 272' 1 Anaconda Cop... 89% 88 88% 88% Calumet. & Artz. .. .. 117% 116% Cerro de Pasco 104% 104% Chile Copper ... 57% 59% Inspiration Cop. 30 Vi 30% Greene Can Cop. 143 149 140 138% Int Nickel 177’ . 174 174% 174% Kennecott. C0p..123/, ?71% 123% 121% Magma Cop .... 62 61 61-% 61 Nev Cons 32% 32Vi 32% 32V* Texas Gulf Sul. 71% 71 71% 70% O S Smelt 57% 57% 37% 56% Oils— Atlantic Rfg 233% 227 Barnsdall 3 43= 42% Freeoort-Texas 46% 45% Houston Oil 138’ 137% f’-.dp Oil f- 33 32% Varlrnd Oil .... ... 45 13% Mld-Cont Petrol 37% 37% Par,-Am Pet 8.. .. ... 52% 52 Phillips Petrol... .. ... 44% 44% Pro & Rfgrs ... 24% Union of Cal ... . ... 54% 52% °'ire Oil .. 27’# 27 s * Poval Dutch . 12% 62 .Veil 32 81%. M% 31% .'.mins Pet ol .. 24V:. 24 , 24V* 24 . Sinclair Oil . 38% 36 ■„ 'B% 36% Shelly Oil . 8% 38S'(i Oil-Oil ,3% 62 , Std Cil N J "D. 48% Sid Oil V Y 33 35% > Texas Corp ... 69 68 Industrials— Aav Rtimely ... 54 53% : Allis Chalmers .130% 130% 130% 130% Allied Chemical 231 >. 228=* ; Armour A 17% ... 1 Amer Can . 107% ... Alaska J 8 7 7% 7% 1 Am Linseed ... 127 126 ] Am Safety Ran 67% Am Ice . ... . .. 40 Am Wool ... 23% 20 7 3 Curtiss 133 132% 1 Coca- Cola 174 174%. I Conti Gan 118% 118 118% 117 Ccrtfijtttecd 33% 32% Cor, 4 oleum ... 27% 27 Davison Chem ... 59 58% Dll Pont 430 427 430 Famous Players 50% 49-’i 50% 49% FOX A 98% 98% 96 : 97'. Gold Dust 105% 194 104% 102% Gitciden 28% 27% Int Paper ... 59 60 Int Harvester 318 315% Lambert 131 * 130 130 130% I-lew:- 39% 60 ■ Keivinaio 11% 11=4 Monlgotn Wed 346 34* 345 341% Natl C R ... 93% 93% i Pittsburgh Coal. 48% .’B=i 48% ... I Owens Boitle ... ... 83Vi ' Radio Corp 242% 238% 238% 236 Real Silk 47%; 46 46% 47% ! Rem Rand 25% 25% i Sears-Roebuck .158% 158V* 157 156% Union Carbide 193% 193 Victor 134 135 U S Indus Alco .. ... 133 131% Warner Bros A .. ... 113% 112% ’Warner Bros B 112% 111% Utilities— Am Tel &. Tel.. 180 179% 180 179% iAm Express 240 Am Wat Wks ... 59 59% Brklvn-Manh T 66 65% 65% 65 | Cot G &• E 125% 123% Consol Gas ' 7 % 79 79 78% Elec Pow &Lt. .. 36% 36% 364* 36% Nor Am Cos 73% 73% Natl Power ... 37% 38% S Cal Ed 48% 48 Std Gas & El.. 72% 72% 72% 73% Utilities Power.. 39% 39*,i 3931, 32% West Union Tel. .201 194% 198'% 195 Shipping— Am Inti Corp. . .122% 120 121% 120'i Am Ship & Com 4'/* 4 4 4% Atl Gulf & W I 50 49 50 49 Inti Mer M pfd 37 36% 37 36% United Fruit ...142=* 141 Vi 142% 141' Foods— Am Sug Rfg 74 73 Kroger 126% 122% 126% 122% Beechnut Pkg 79% 77 California Pkg... 75 74% 74% 74% Corn Products. .. ... ... 82=/* Cudahy 66% 66V* 66% 66% Cuban Am Su“. . 17% 17 17V* ... Fleischmann Cos 83% 83 83'/* 83% Jewel Tea 155 Kraft Cheese . 63 62',4 62% 61% Natl Biscuit 168% 168% Natl Dairv 117% 116 117'* 115'/* Postum Cos .... 68% 67% 68 67% Ward Baking B 17'/* Tobaccos— Ara Sumatra ... 60% 60%, 60V* Am Tob B .. .170=4 169% 170=* 167% Con Cigars 91'% 91% General Cigar.. .. ... ... 60 Lig & Meyers... 88% 88% 88% 88% Lortilard 27 Vi 27% 27'/a 27% R J Reynolds.. .1477* 147% 147% 147% Tob Products 8.105 104'* 1041* 102% United Cigar St .. ... 27% 27'/? Schulte Ret Sirs 54 54 G. 0. P. CHIEFS CONFER Candidates and Committemen Meet to Map Final Rush. Republican state canddates and state committee members conferred at Indiana G. O. P. headquarters in the Severin today on plans for the final week of the campaign. Again, Harry G. Leslie, the party’s nominee for Governor, was absent. He and Senator Arthur R. Robinson. who seeks re-election, were in South Bend to address a Republican rally tonight at which Senator Charles Curtis will be principal speaker.
Thomson & McKinnon INDIANAPOLIS CHIC AGO NEW PORK MEMBERS Vow York Stock Exchange Chicago Board of Trade Vow York Cotton Exchange Chicago Stock Exchange New York Curb Association 300 Fletcher American Bank Bldg. Telephone Lincoln 8391
PORKERS SHOW STRONGER TONE AT CITY YARDS Cattle Steady, With No Finished Steers to ? Make Market. Oct. Bulk. Top. Receipts. 22. $9.65 $9.75 7,500 23. 9.50 9.60 9,500 24. 9.50 9.60 9,000 25. 9 50 9.35 8.000 26. 9 50 9.35 7.500 27. 9.35 9.35 5.000 29. _ • 9.40 9.50 8,000 Hogs were generally 10 tc 15 cents higher today with receipts of 8,000 and holdovers of 178. The bulk, 180 to 275 pounds cleared the pens at $9.40. Several loads of good stock went for $9.50. Cattle were steady with no finished steers to make a market. Common and medium classes sold for $9.25 to sl4. Vealers were 50 cents to $1 down, selling at sls to lower. Sheep and lambs were steady. Good to choice kinds bringing sl3 to Fat ewes were $5 to $6.50 with breeding ewes going at $7 to better. Prices of hogs at the city yards today were: 250 to 350 pounds. $9 to $9.50: 200 to 250 pounds, $9.40 to $9.50; 160 to 200 pounds. $9 to $9.40; 130 to 160 pounds. $8.75 to $9; 90 to 130 pounds. $8.25 to $8.75, and packing sows. $7.50 to $8.50. Cattle receipts were 700; calves, 400. Market slaughter classes were steady. Vealers sold lower. Beef steers, $9.25 to sl4; beef cows, $7.50 to $9.75; low cuter and cutter cows, $5.25 to $7; vealers. sl4 to sls; heavy calves. $6.50 to $11; bulk stock and feeder steers. $8 to $11.50. Sheep receipts were 600.\ Market was steady. Top fat lambs. $13.75; bulk fat lambs. sl3 to $13.75; bulk cull lambs. $8 to $11; bulk fat ewes, $4.50 to $7; breeding eyes, $7 upward.
—Hogs— Receipts. 8,000: market, higher. 250-350 lbs $ 9.004/ 9.50 200-250 lbs 9 401/ 9.50 160-200 lb- 9.00" 9 40 130-160 lbs 8.754/ 9.00 90-130 lbs 8 25/./ 8.75 Packing sows 7.504/ 8 50 -CattleReceipts. 70'; market, steady. Beef steers $ 9.25'//14.00 Beef cows .. 7.504/ 9.75 Low cutters and cutter cows.. 5,25@/ 7.00 Bulk stock and feeder steers.. B.OOS/11.50 —Calves— Receipts. 400; market, lower. Best vealers $14,004/15.00 Heavy calves 6.504/11 00 I —Sheep— Receipt,. 600; market, steady. Top fat lambs $13.70 Bulk fat lambs 13.004/13.75 Bulk cull lambs 8.004/11.00 : Bulk fat ewes 4.504/ 7.50 i Other Livestock :;,//t „ih .r press CHICAGO. O.i. 29 Hogs—Receipts. 1 35,000; market, mostly 10// 15c higher: than Saturday: top. $9,45 paid for choice 200-250-lb. weights: butcher, medium to | choice. 250-350 lbs . $8.90 "'/40; 200-250 lbs.. $94/9.45; 160-200 lbs.. $8,754/9.45; 130160 lbs.. $8,254/9.25; packing sows. $9,254/ ; 8.75; medium lo choice. 90-130 lbs.. SB4/ 885 Cattle Receipts. 25.000: calves. 3.000: choice fed steers and yearlings. 25c higher: best readings, $17.50; heavies. $17.25; low grades ol sieers and all she slock. lookers and feeders, weak to 25c ' : slaughter classes, steers, good and 130/1-1560 lbs.. $13.75// 17.40; 1100- ’ ’ s . $13.50 " 17.50: 950-1100 lbs.. $13.50 common and medium. 850 lbs., . al3 50: fed yearlings, good and choice. 750-950 lbs.. $14,054/ 17.25; heifers, good and choice. 850 lbs. down: sl4r</16.50: common and medium. $7.754>!9t cows, good and choice, $9,254/ 11.75: common and medium. $7.254/9.25; low cutter and cutter. $5,754/7.25: bulls, good and choice, beef. $9,504/10.75; cutter to medium, $6.75 4/9.50: vealers. milk fed. good and choice. $12,754/ 13.75: medium. $12,254/ 12.75; cull and common. $7,504/ 12.25; stocker and feeder steers, good and choice, all weights. $lO 50" 12.50: common and medium. $8.50 4/10.50. Sheep—Receipts, 21,000; generally steady on all classes, run comprised principally of natives with scattering of fed and comback westerns; feeding lamb duality plain; lumas, good and choice. 92 lbs. down. $134/14: medium. $124/13; cull i and common, SB4/12: ewes, medium to choice, 150 lbs. down, $4.25 > 6.75; cull and common. $1,754/5: feeder lambs, good and choice, ,$12.25'// 13.30. /V/ Times fifieeinl LOUISVILLE. Kv„ Oct. 29. Hogs— Receipts. 1.800: market. 15c higher: heavy and medium hogs 180 lbs. up $8,654/9.15; nigs and lights. 180 lbs. down. $7,304/ 8.40- stags and throwouts, $6 854/7.45. Cattle Receipts, 2.500; market steady to 25 cents lower; prime heavy steers. $12.50 4/13.50: heavy shipping steers, $10.50 " 12.50: medium and plain steers. $94/10.50: fat heifers. .$7,504/ 12: good lo choice cows, $7,504/9.25: medium to good cows. $5,754/ 7.50; cutters. $5,504/5.75; canners. $5/,/ 5.25: bulls, $6 -8.75: feeders. $8,504/ 11.50: tockers. $74/11.50. Calf—Receipts. 500; market, steady: good to choice. sll4/13; medium to good, $94/ 11: outs. $9 down. Sheep—Receipts. 200: market. steady; lambs. $11,504/12; seconds, SB4/8.50; sheep. $44/ 6: bucks. S3 " 3.50. Saturday’s and Sunday's shipments: Cattle, 277: calves, 321: hogs. 463: sheep. 137. STUTZ HOUR IS SUCCESS , Musical? Will Be Held Each Sunday Afternoon. | The Stutz Motor Car Company I Sunday afternoon was host to more I than 150 at a musicale in the WFBM i studio during the presentation of j the regular Stutz hour of music. Many well known Indianapolis musicians were included in the guest list. The success of the musicale will make it a regular Sunday afternoon affair. Under the direction of Earl Mounce, the Stutz Little Symphony played several selections. The orchestra was assisted by Willard McGregor, pianist for the St. Louis Symphony orchestra; Mary Alice McCarty, soprano, and Mildred Lucille Nussbaum, contralto. APPROVE WAGE PACT Seven Unions in Bicknell Field Vote 1,126 to 54. TERRE HAUTE, Ind., Oct. 29. Seven local unions in the Bicknell coal field have indorsed the proposed Indiana wage agreement. The vote was 1,126 for and 54 against, according to a tabulation in the offices here of District 11, United Mine Workers. This is the first return from voting on the agreement which started Saturday. District officials predict about the same volume of approval will be given by all locals, paving the way for resumption of mining operations in the state.
THE INDIANAPOLIS TIMES
In the Stock Market
(By Thomson & McKinnon 1 In a morning paper the writer points out what we have all talked about frequently. He makes the point that a great many stocks are down substantially from the previous highs, which brings to mind that rather foolish sounding line adopted in Wall Street about a year or so ago, “selective market,” as if a market is ever anything but selective. Did you ever hear of anybody buying everything in the market? You select the one or dozen stocks that you want. We wish to repeat what we said last week. There is in this entire market but one General Motors, but one United States Steel and but one Westinghouse Electric; and, by the way. you notice, after a very considerable delay, how this latter stock is standing out. It was one of the few that reached anew high record last week. We all suffer from habit and we are as guilty as any we know in this respect in still trying to discuss the market when we all know that expansion has been so great that we now have dozens of markets in one. We can see clearly the fact that we are on very risky ground, and we can also see the chance for independent movement in individual issues.
Produce Markets
Butter (wholesale price)—No. 1. 50%,52c; No. 2. 46% 49c Butterfat. 49c. Cheese (wholesale selling prices, per pound)—American loaf. 35c; pimento loaf, 37c: Wisconsin flat. 28c: prime cream. 27c; Daisy. 27c: Lognhorn. 28c; New York Limberger. 30c. Buns— Buying prices: Fresh delivered at Indianapolis, los off. 33% 34c. Poultry (buying orlcest—Hens. 24%25c: Leghorn hens. 18=120c: 1928 spring, large 1 breed. 2 lbs. and up. 24% 25c: 1 to 1% lbs., I large. 20c: leghorns. 19%20c; old roosters, large. 12c: small. 10%13c: ducks. 12%'15c: geese. 10% 12c; guineas, young. 50c; old 35c. Itu United Press CHICAGO. Oct. 2S.—Closing futures Quotations on the Chicago Mercantile Exchange: Eges -Refrigerator standards. November. 30c: December. 30%c. Butter— Storage standards. December. 45%c; | January. 45%c.
Banks and Exchange
Indianapolis bank clearings today were 53.319.000. Debits were $6,837,000. NEW YORK STATEMENT [ln I nite<l Press NEW YORK. Oct, 29.—Bank clearing:, $582 000.000: clearing house balance. *115.000.000; federal reserve' bank credit balance. $98,000,000. CHICAGO STATEMENT It n l n it ill Press CHICAGO, Oct. 29. —Bank clearings, $107,200,000; balances. $8,300,000. SUGA ROPENING It.i I ni ted Pn ss NEW YORK. Oct. 29 Sugar futures opened lower. December, 2.00. off 01: .Tanuarv. 2.202. off .01: March. 2.05, unchanged; Mav, 2.12, unchanged; July. 2.20, off .01 STAR COOLIDGE S GUEST Ethel Barrymore Has Luncheon at White House. [tit United Press WASHINGTON. Oct. 29.—Ethel Barrymore, noted stage star, was a luncheon guest at the White House today. President and Mrs. Coolidge will attend her opening performance of “The Kingdom of God” here tonight.
/DOLLAR \ / I for DOLLAR tit th\se lowest priced sedans
FOURS Touring $455 1 Roadster (2* pwigcr) S4B5 1 Roadnter (with ramble sest) $525| Coape $535; Cabriolet Coape (with collapsible* top) $595 1 Coach $535*
Distributor CAPITOL MOTORS COMPANY Capitol Avenue and Michigan (Gibson Building)
PHILLIPS AUTO SALES 2606 West Michigan Street
RADIO HITS NEW HIGH IN EARLY TRADING Industrial List Is Active With Confident lone Displayed.
Average Stock Prices
Average of twenty industrials Saturday was 255.51. up 4.07. Average of twenty rails. 141.91. up .56. Average of forty bonds was 96.82, up .05. BY ELMER C. WALZER United Press Financial Editor NEW YORK. Oct. 29.—Radio Corporation soared to anew high record in the early trading on the Stock Exchange today, and the entire industrial list was buoyant in active turnover. Kolster Radio also was in urgent demand, soaring to anew peak at 82 %, up 4 points after the initial sale was made at 82 for 20,000 shares. Radio opened at 2 1 0, up 4, and then spurted to 242. up 6 points, and anew higji record. Other leading issues were strong ano the entire market exhibited a confident tone. When the overnight buying orders were executed, however, the list, turned quiet, but was holding gains wpll. There was nothing in the over-the-week-end developments to work against the market except the approach of election, which for the time being was disregarded. General business reports continued highly optimistic and Wall Street was working on the theory that the market’s technical position was improved. Thus tendency, however, did not make for continued buying and traders were quick to take profits on the bulge. Asa result the early gains were reduced in later trading. In addition to the new nighs made by Radio and Kolster. new records for the year or longer were made by Westinghouse at 116%. up 2%; Shubert at 74%, up 2; Western Union 200. up 5; Marland Oil 45 up 1%; American Smelting 275, up 2%, and Kennecott at 1222 %. up 1%. General Motors rose more than a point to 222; United States Steel a point to 162%; Victor Talking Machine 2 points to 137. and Greene Cananea 2 r ‘. to 142. Canadian Pacific was a leader in the rail group, rising nearly 3 points to 219%. St. Louis-Southwestern rose 1U to anew high at 122 % and other rails ruled firm. Oils were quiet and steady, with the exception of Marland, which was in active demand. Coppers as a group were strong.
Local Wagon Wheat
City grain elevators are paying $1.30 for No. i red vi ' ii.i i ti.
Whippet WILLYS-OVERLAND, INC., TOLEDO, OHIO
WOOD AUTO COMPANY 3921 East Tenth Street
SEE YOI R NEAREST WHIPPET ANI WILLYB-KNIGHT DEALER
LESLIE DENIES HE WAS STEVE CHOICE
Didn't Have Backing for Speakership, Answer of Candidate. Bjt Times Special KOKOMO, Ind., Oct. 29.—Indiana voters were left to speculate today on whether Harry G. Leslie, Republican nominee for Governor, was the choice of D. C. Stephenson, former klan dragon, for speakership of the Indiana house of representatives in 1925. They had Leslie’s emphatic declaration that he was not. They had also, the information, purporting to come from Stephenson’s “black boxes,” that someone, designated only as “another man,” had Stephenson’s support before George W. Freeman, state representative from Howard county In 1925, asked for it in a letter dated Nov. 14, 1924, some six weeks before the legislature convened. The Kokomo Dispatch Sunday printed two letters purporting to be Freeman’s request for Stephenson’s support and the “Old Man’s” reply of Nov. 26. 1924.
The City in Brief
TUESDAY EVENTS Association American Medical colleges national convention. Ball Nurses home, all day. University of Michigan Alumni luncheon, Lincoln. University Club luncheon. Columbia Club. Rotary Club luncheon, Cla>pool. Ciyro Club luncheon. Spink-Arms. American Chemical Society luncheon, C hamber of Commerce. Mercator Club luncheon. Spink-Arms hotel. Purchasing Agents’ Association luncheon, Severin. Phi Canima Delta luncheon. Chamber of Commerce. I.'Alliance Francaise meeting, 2877 Sutherland avenue, 7:45 p. ni. Two men in a big blue automobile held him up Sunday night, Basil Kreshaw, attendant at a Standard Oil Company filling station at Belleville, Ind., nineteen miles west of here on the National road, reported to Indianapolis police. He did not state the amount of loot obtained. Dr. C. J. Mclntyre, Indianapolis physician, will be the principal speaker Tuesday noon at the luncheon of the Universal Club in the Columbia Club. Dr. Mclntyre, an expert bee raiser, will talk on bee culture. Reports of the nominating committee will be heard. Jesse E. Hanft. president of the club, will preside. The Help. Aid and Assist Club of North Park Masonic lodge will hold its fifth annual mardi gras dance and entertainment tonight in the Indiana ballrom. More than three thousand persons are expected to attend. Many valuable prizes will be distributed, according to W. M. Swope, chairman of the committee on arrangements. A special tax, not to exceed two mills on the dollar, to be levied by cities and towns to finance bands, will be proposed to the 1929 Legis-
C. K. MARTIN 4451 West Washington Street
The letter credited to Freeman informed Stephenson of Freeman’s candidacy for the speakership, and asked his assistance. Stephenson’s reply said: “Your letter of Nov. 14 received. I am indeed sorry, Mr. Freeman, that you brought this matter to my attention at this late date, as I already have given my promise to another man. I would be very glad, however, to see you placed as second, and in that position I will promise you my support.” Replying to the dispatch’s question as to whether he was Steve’s choice, Leslie, in a statement Saturday, declared: “I neither then nor at any other time belonged to the organization through which Stephenson operated There were candidates for the speakership who were reported to belong, so, naturally, his efforts were exerted in behalf of some of them. I certainly did not serve him. I balked his efforts to control certain legislation.” Leslie branded as “contemptibly mean” and “false” the rumor that Stephenson possessed a letter from him expressing his appreciation for the Klan leader’s support.
lature by the Indiana Bandmasters Association. The tax will be effective after a local referendum inaugurated upon petition of 5 per cent of the population. At present towns or | cities may appropriate $1,500 for j band purposes. W. F. Ammann, St. Louis, who is j conducting a rat cleanup campaign in Indianapolis, today estimated 48.- . 000 rats have been killed. Amann begun the extermination drive three , weeks ago in the wholesale and warehouse district. The drive shifted j to lie business district this week. Mike Semensick, 19, of 722 Haugh | street, is under arrest in the detention ward of the hospital today. He was shot by Patrolman Dan Scanlon after it is alleged the officer saw j him peeking in the window of the | home of Mrs. Ethel Gatewood, 738 1 King avenue, late Saturday night. ' Semensick ran. Births Boy* Raymond and Marjorie Markley, St. : Vincent hospital j Waheeb and Ann Zarick, St. Vincent hospital . i Ernest and Margaret Guthrie. St. Vln- ; cent hospital. James and Mary Renshaw, St. Vincent 1 hospital. I James and Eleanor Wood. St. Vincent ! hospital. | Charlie and Veatrice Holifleid, 2306 Indianapolis avenue. ] J. Stuart and Freda Murray, 321 Whit- | tier place. i Noel and Ruth Colegrove, 56 North Sher- : man drive. i Charles and Marie Johnson, 1720 West Minnesota. Floyd and Leota Gasper. 1216 Ewing. Anthony and Tresia Klee, 3205 west Michigan. Girl* , Charles and Marie Johnson, 1720 West j Minnesota. i Robert and Martha Dugdale, St. Vincent ( hospital. j John and Grace Summers, 402 East I Raymond.
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LIBERTY AUTO SALES Raymond and Shelby Streets
OCT. 20, 1928
OLD ‘MET’ ON ITS LAST YEAR Jewels Brought Out for Tonight’s Opening. P;/ United Press NEW YORK, Oct. 29.—Diamonds were taken from safety deposit vaults today; new Paris creations were laid out by maids and New York's growing 400 rested preparatory to one the major social events at the season—opening of the metropolitan grand opera season. There Is a touch of regret about tonight’s opening for it marks the beginning of the last season for the old “Met” which has stood at Broadway and Thirty-ninth street since 1883. Next season a newer and finer opera house, albeit one lacking the traditions, will be opened farther up town and the diamond horseshoe will be cut down to provide more popular prices. The opening tonight shows even anew vogue. Instead of the usual ballet opera, fantastic colorful and heavy such as first nighters have become accustomed to, Signor Gatti Casazza has arranged “Amore Del Tre Koi” with Rosa Ponselle. While it has been in the repertoire for many season: , it Is the first time that the Me'ropolitan has selected the French opera for an opening night. Deaths Edward Mansfield Hall, 44. 455 East Washington, cerebral hemorrhage. Guillermlna Glenn. 21. city hospital, chronic appendicitis. Sarah N. Hall, 74, 2023 North Illinois, carcinoma. Laura Belie Jacobs, 52, 940 Morgan, mitral insufficiency. John Green, 61. city hospiati. diabetic gangrene. Cordellti V. William*. 73, 881 Fletcher avenue, angina Pretoria Wiillam Coarney. 72. 2271 Union, valvular heart disease Emella Buses, 34, 1930 Tallman. uremia. Lee Geoffrey, 32. Methodist hospital, toxis thyroid. Harry Gaines, 63, St. Vincent hospital, auto accident. Eliza Jane Campbell, 75. 1814 College avnue. myocarditis Fannie James. 52, 931 West Walnut, broncho pneumonia, chronic nephritis. Marion Taylor, 73, 1861 West Morris. James Euchanan, 6b, city hospital, chronic nephritis. Mary D. Mosbey. 91, 1847 Boulevard place, lobar pneumonia. Henry Seatkamy, 72. 3736 West Morris cerebral hemorrhage Nannie Graham, 67, 602 Lincoln, chronic myocarditis. William A. Tate, 76. 2706 West Washington, chronic myocarditis. Esther Beverley, 40, city hospital, Internal hemorrhage. Susan Miller, 83. 2418 North Rural, arteriosclerosis. Mary Virgin! aPowell. 64, Central hospital, acute cardiac diiltatlon. GUARD MILITANT PASTOR Minister Attacked Al; Avers lie Is Threatened by Bombing ISu United Prt ss KANSAS CITY. Oct, 29.—Police protection has been accorded to Dr. I. M. Hargett, pastor of the Grand Avenue Temple, on the strength of his complaint enemies are threatening to “blow him up” because he insists on attacking Governor Alfred E Smith from his pulpit. Two detectives guarded the church Sunday night when Dr. Hargett preached on “What Would Smith Do If Elected President?”
Death Notices
DILLEHAY. ELLA T.—Mother of Samuel, Harry. Edward. Berl and Mrs. Timothy J. McMahon, sister of Lee and Walter Floeman of Coral Gables, Fla.; Charles Flceman of Springfield. Ohio, and Sidney Fleeman of Pulaski. Va., died Sunday, Oct. 28, 1928. Funeral from the residence of her daughter Mrs. McMahon, 1340 East Raymond street, Wednesday. Oct 31, at 8:30 a. m. Services at St. Catherelnes church at 9 a. m. Friends Invited. Fvneral Directors W. T. BLASENUYM~ Main office 2226 Shelbv St. Grexjl 2570 FINN BROS. FUNERAI BOMB 1639 N. MERIDIAN TA. 1835. George Grinsteiner Funeral director. 522 EL Market. Riley 6374. BERT S. GADD. 2130 PROSPECT ST. DR EX EL 6307_ G. H. HERRMANN 1722 S. East St. _ Dr. 4477. KRIEGER, WM. E. FUNERAL DIRECTOR 1402 N Illinois St. Rt. 1234. Res . Be 3866-R 1 UNDERTAKERS HISEV & TITUS 931 N. Delaware. LI. 3828 J C. WlLSON—Funeral parlors; ambulance service and modern automotive eauloment Dr 0321 nnd Dr 0322 T ransportation YELLOW AY Busses to all principal cities from coast to coast that are safe, comfortable, and luxurious. Careful. courteous drivers and fares that are very low. Depot Denison Hotel. Rl, 2273; Lost and Found | BOSTON BULL TOY Wearing harness. Name Nifty. Reward. Ta 4640. COLLECTION BOOK -And life registered envelope containing policies. Reward. Prudential Insur . 1109 Mryei-Kiser_Bldg FUR COLLAR- Between 1800 Ashland and 2100 College. Sat. nighty He. 4774. Rew. KEYS IN HOLDER-Lost in the 600 block on New Jersey. Call MISS CONWAY, 214 W. Maryland. Rl. 5551. MESH BAG- with bills, lost at St. John’s church. or 111 st. Ta. 3923. Reward. PUP—Fox terrier lost, or strayed; 6 months old; black head; male; $lO re_ward. LI. 5607 or 1254 W. New York. PUPPY—Wire-haired, female, 6 mos. old, black markings, wearing red collar; lost 5300 blk. Wash Blvd., Sun. Rew. Hu. 2030 WILL PARTY - Who took green silk umbrella by mistake from South Side Turners Saturday night, please leave ln Block's rest room. Valued as keepsake. Instructions VOICE AND PIANO LESSONS—SI; violin, 75c: uke. 50c. 11l Pembroke Arcade, LL_72SL VOCAL LESSONS sl, VIOLIN. 75c. UKE. 50c: EXPERT TEACHERS. LI. 7251. Special Notices ANNUAL MEETING OF THE INDIAN- , APOLIS CHAPTER. AMERICAN RED CROSS The annual meeting of the Indianapolis Chapter of the American Red Cross will be held on Wednesday. Oct. 31. 1928. at 4 o’clock p. m. at the assembly room of the War Memorial Bldg., 777 North Meridian street, for the election of twelve directors for the term of three years, and for the transaction of such other business as may properly come before the meeting. All members are requested tc be present. WILLIAM FORTUNE. Chairman. Halloween Dance AT MOOSE HALL Wednesday Night, Oct. 3J PUBLIC INVITED 135 N. DELAWARE 6 WEEKS SPECIAL NESTLE CIRCULINE PERMANENT WAVING. $6.50. MAPLE RD. BEAUTY SHOP. WA. 1066 MEDICATED VAPOR ' BATHS--Ladv and gentleman attendant. Rl. 0575. 330 E Vermont. NIMTa-Mar Hotel. CHAS. BAKING CO.—Quality Bread ‘and Cakes. Halloween specialties. Dally to your door, 359 E, Merrill Bt. WE MAKE LOVELINESS LOVELIER—FASHION BEAUTY SHOP. LI. 0341. HALLOWEEN COSTUMES—AII kinds; reas C- 01/M M ft OOO'
