Indianapolis Times, Volume 40, Number 138, Indianapolis, Marion County, 30 October 1928 — Page 12

PAGE 12

BUYING SENDS WHEAT FUTURES UP A FRACTION Easterners Have Bullish Effect on Market; Corn Steady. By United Press CHICAGO, Oct. 30. —Large purchases by easternu houses sent wheat fractionally higher on the Board of Trade today. Corn showed a strong tone and scored moderate gains. Oats were steady. Wheat opened % to % cent higher, corn was up % to % cent, and oats were unchanged. were slightly lower. Sentiment in wheat is mixed due to bullish reports from abroad and the bearish situation in North America. Hedging pressure from the northwest has been heavier recently, but the movement in that section is about finished. The southwest had beneficial rains overnight. A report from Liverpool said that European supplies were so depleted that buying could not be deferred much longer. The cash market in corn has suffered from the increasing receipts but the futures have held up fairly well. Arrivals here yesterday included some new corn that graded No. 2 yellow. It is believed that the crop will prove to be of exceptional quality. Oats continue dull. Fundamentals in that grain are practically ignored while the market follows the other cereals. Chicago Grain Table WHEAT— Prev. High. Low. Last, close. December ... 1 .17% 1.16 V, 1.165* 1.17*4 March 1.22% 1.20% 1.21% 1.21% May 1.25% 1.23% 1.24' /a 1.24% CORNDecember ~ .32 .81 Vi .81% .81% March .84% .84% .84 V 4 .84*/ 0 May 87 .86% .86% .86% OATS— December .. .43% .43*4 .43% .43% March 44*/8 .44% .44% .44% ■May ........ .45 .44% .45 .45 RYE— December .. 1.02*4 1.01% 1.01% 1.02 * - March 1.05% 1.04% 1.04% 1.05% May 1.08 1.06% 1.06% 1.07% LARD— October .... 11.57 11.45 11.45 11.60 December .. 11.70 11.57 11.57 11.72 January .... 12.00 11.97 11.97 12.10 March 12.20 12.15 12.20 12.22 RIBS— December 11.50 By Times Special CHICAGO. Oct. 30.—Carlots: Wheat. 135; corn, 398; oats, 50; rye, 35.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, Oct. 30.—Can you And in all your experience in novel or drama anything more interesting than what has taken place during the past few years in the stock market? Market management, if such a term is permissible is equal if not superior, to any stage craft that we have ever witnessed. The succession of interesting incidents daily hold the public spellbound. One can’t turn an eye for fear of missing scmething. Over a thousand stocks from which to choose, a half a dozen of them leaders in a week. It will take months and months to go through the list and by the time the folks here are one-tenth of the way its time to begin again on the first ones, and 1929 is almost here with that great railroad market that we think is coming. We guess we are fearfully old-fashioned because all the stocks look so high to us and at the same time the entire world keeps on buying. They think everything is all right. Guess we lose.

Local Wagon Wheat

City grain elevators are paying $1.30 for No. 2 red wheat and $1.05 for No. 2 hard. NEW YORK COFFEE RANGE January 15.60 March 15.27 15.20 15.27 May 14.83 14.67 14.83 July 14.48 14.23 14.48 September 14.30 14.13 14.13 December 15.90 15.80 15.90 COTTON OPENING By United Press NEW YORK, Oct. 30.—Cotton futures opened lower. December, 19.58. off .04; January, 19.55. off .07; March, 19.52, off 10; May, 19.45, off .08; July, 19.30, off .05. SUGAR OPENING By United Press NEW YORK, Oct. 30.—Sugar futures opened irregular. December, 1.99; January, 2.00, up .01; March, 2.04, up .01; May, 2.10; July, 2.17, off .01; September, 2.24, off .01. CHARGES HOOVER SAT PLACID IN OIL PROBE Senator Reed Addresses Steel Workers at Gary. By Times Special GARY, Ind., Oct. 30.—Senator James A. Reed launched a fiery attack on Herbert Hoover in an ad dress before 5,000 Calumet district steel workers, farmers and business men at a meeting here Monday night. Hoover’s former British business activities were pointed out and the charge of un-American was hurled. The Republican presidential candidate’s cabinet record was then at tacked. “Seated in the President’s cabinet he placidly watched the procession of crime roll by,” Reed declared. “He knew Harding had transferred the oil lands to Fall; that Fall had transferred them to Sinclair and Doheny and he actually joined in shielding Fall."

FREIGHT SHIPPERS R °te„ Y ,: U Vii hiP - Terre Haute Indianapolis and Eastern Traction Company Overnight delivery on all L. C. L. and Carload shipments to all Local points, Including TERRE HAUTE, SULLIVAN, LAFAYETTE, NEW CASTLE. RICHMOND, CRAWFORDSVILLE, DANVILLE. MARTINSVILLE and Intermediate stations, also the following connecting line points: DAYTON, O. SPRINGFIELD, O. COLUMBUS, 0. CINCINNATI, 0., and intermediate points. Second Morning to— TOLEDO, 0. DETROIT, MICH. CLEVELAND, O. LIMA, O. ZANESVILLE, O. SANDUSKY, O. And Intermediate Points Overcome Rush Order Worries by Specifying THI&E Routing Address Traffic Manager, 215 Terminal Bldg., for copy ot Revised Shipper's Guide and Map giving complete list of all points reached, schedules and other useful information to Traffic Department.

New York Stocks•

(By Thomson & McKinnon)

Prev. Railroads— High. Low. 12:00. Close. Atchison 192% 191% 191% 192V* Atl Coast Line , 165 Balt & Ohio 112% H 2% Canadian Pac ..222% 221% 221*/* 231% Chesa & 0hi0... 189% 188 188% 187 Ches Corp 68% 67% 68 67 Chi & N West 86 Vi 86>i Chi Grt- West 13 13 CRI&P 132% 132 Vi Del & Hudson ... 192% 191 Del & Lacka ... 58% 57% 57% 58% Erie Ist pfd .... 58% 58% 58% 58% Grt Nor 101% 101% 101% 102 111 Central 141 140 V* Kan City South. 69% 69 69 69% MK&T 45% 45% Mo Pac pfd 123% 123 N Y Central 174% 174% N Y C & St L 125% 125 N Y NH & H 64 V* 64% Nor Pacific . ...10i% ioi l /* 101% 101*/* Norfolk & west. 183% 182 183% 182 Penssylvanla ... 65% 65 65% 64% P & W Va 153 156 Reading 103V* 102% 102 102% Southern Ry 144% 145 Southern Pac ..121% 121% 121% 121% St Paul 33% 34% St Paul pfd 50% 50% St L & S W 120% 120% St L & S F 116% 116% Texas & Pac ... ... 187 Union Pacific ..206 204 205% 203% West Maryanl 42% 42% Wabash 77*4 79*4 Rubbers— Ajax 8% 3% 8% B** Fisk 11% 11% 11% 11% Goodrich > ... 81 Vi 82 Goodyear 83 79% Kelly-Spgfld 22 21% United States .. 39% 39% 39% 39% Equipments— Am Car & Fdy 91% 90 Am Locomotive. .. ... 96 92% Am Steel Fd ... 57% 55% 57 56 Am B Shoe .... 41% 40% 41% 40% General Elec ...170% 168 168 169 Gen Ry Signal 103% 103*/* N Y Air Brake 41% Pressed Stl Car. .. ... 23% 23 Pullman 82% 81 Vi Westlngh Air B 44V* 44 Westingh Elec .... ... 112% 113% Steels— Bethlehem 67% 66% 66% 67% Colorado Fuel. .. ... 67 67 Crucible 78** 78% Otis 31% 32 Rep Iron & Stl. 81 % 81 81% 80 U S Steel 163'* 162’,a Alloy 39 V 39% Warren Fdy 32% 33% Vanadium Corp. .. ... 86% 87% Motors— Am Bosch Mag. 28 37% 37% 365jf Chandle- ... 19 18 Chrvsler Corp 129% 130*4 Conti Motors ... 16% 15% 16% 15 Dodge Bros 26*4 Graham Paige .. 45% 44% 45*4 44V* General Motors. 221% 220 220% 221*4 Hudson 84% 86 Hupp 72** 73’,a Jordan 15% 16% Mack Mot 42V, 43 *, Martin-Parry .. .. .... 16% 18% Moon 7% 7% 7% 7*4 Motor Wheel 38% 38% Nash 91% 91 Va 91*4 92V, Packard 95 94 94 94 V* Peerless 18% 18*4 18*4 18% Pierce Arrow 19 *, 20% Studebaker Cor. 79 77% 77% 78% Stew Warner ... 107% 107 107 107% Eaton Axle 58*4 58 Timken Bear ...114% 138% 139 140% Willvs-Overland. 28% 28*4 28 % 29 Yellow Trk 37% 37% White Motor 36% 36% Mining— Am Smlt &Rfg 270% 272% Anaconda Cop.. 89% 88 88% 88% Calumet & Ariz.ll7% 116% 116% 117 de Pasco.. 104% 103% 103% 103% Chile Copper ... 59% 58% 59V* 59% Greene Can Cop 140 138% 140 139% Inspiration Cop. 30% 30% 30% 30Vi Int Nickel 181% 177% 181 177V* Kennecott Cop ..123% 122% 123 1?3% Magma Cop ... 61 61 Nev Con3 32% 32*/* 32% 32% Texas Gulf Sul. 71 70V* 70*/* 71 U S Smelt 60% 60V* 60V* 59% Oils— Barnsdall A ... 44% 43% 44% 44 Freeport-Texas.. 46*/e 45*/a 45 V, 45% Houston Oil 137% Indp Oil & Gas 32% 33 Marland Oil ... 45*4 43%, 44 45*4 Mid-Cont Petrol 37% 37% 37% 37% Pan-Am Pet 8.. 51% 51 51% 51 % Phillips Petrol 44*4 44% Pro & Rfgrs 24 V* 24% Union of Cal 53% 54% Pure Oil 28*4 28% Royal Dutch 62 63 Shell 32 31% 32 31% Simms Petrol .. .. ... 24*4 24% Sinclair Oil ... 39% 38y a 38% 38% Skelly Oil 38 V* 38 38 38% 3td Oil Cal 63*4 62 % 62% 62% Std Oil N J.... 47’4 47% 47% 47% Std Oil N Y 36% 36% Texas Corp 68% 68% Tracscontl ..... ~ ... 8% 8% Industrials— Adv Rumely.... .. ... 52 52% Allis Chalmers 130 131% Allied Chemical 226 229 Armour A 17% 17% 17% 17% Amer Can 108% 107 V* 107 V* 108 Alaska J 7% 7% 7% 7% Am Linseed 129% 129% Am Safety Raz 69% 67% Am Ice 4040 Am Wool 23 24% Curtiss 134*/* 135*2 Coca Cola 174% 172% 172*4 172*4 Conti Can 18*4 18*4 18*4 18*4 Ctr’ainteed ... 31 32*4 Congoieum 26*4 26*4 26*4 26 Davison Chem.. 61 60 60 61 *4 Dupont 434% 430% 430% 433*4 Famous Players 49% 49% FOX A 98 96% 96% 97*4 Gold Dust 105% 104*4 104*4 105 Glidden 28% 28% Int Paper 54% 56% Int Harvester 319*4 Lambert 129% 130% Loews ... 61% 60Vi Kelvinator 12 12% Montgom Ward .. ... 240 343*4 Natl C R 94 94*4 Pittsburgh Coal ... 48 49 Owens Bottle 85 83% Radio Corp 241 244V* Real Silk 46% 46% Rem Rand 26 25% Sears Roebuck 157 156% Union Carbide 194*4 193% Victor 129% 134% U S Indus Alco .. ... 131*4 131 Warner %ros A .. 113% Warner Bros B * ... 112% Utilities— Am Tel & Tel 188 185 185 184% Am Express 243 245 Am Wat Wks.. 59% 59 59 59% Brklyn-Manh T 66% 67 Col G & E 123 123% Consol Gas 79*4 79*4 Elec Pow & Lt 36 36*4 Nor Amer Cos 73% 74*4 Natl Power 37% 37% S Cal Edison 48 48 Std Gas & El.. 72% 72Va 72% 72% Utilities Power 39% 39% 39% 40 West Union Tel 196 188 190*4 192% Shipping— Am Inti C0rp..120*4 119% 119% 122 Am Ship & Com 4 4 Atl Gulf &W I. 50% 49*4 50*4 49% Inti Mer M pfd 36*4 36 36. 36% United Fruit ...143 142 142 143 Foods— Am Sug Rfg 73 73 Kroger 126% 124% 125 126 Beechnut Pke 80 79% California Fkg.. 75% 75 75 75% Corn Products.. 82% 82% 82% 83% Cudahy 66% 66 66 66% Cuban Am Sug. 17*4 17*4 17*4 17% Fleischmann Cos. 82% 82% 82% 82% Jewel Tea 154*4 Kraft Cheese 63 Vi 62 V* Natl Biscuit ....166*4 166 166 167 Natl Dairy 116*4 115 115% 11554 Postum Cos .... 67% 67 67 68 Ward Baking B 17% 17% 17% 17% Tobaccos— Am Sumatra ... ... 60*4 Am Tobi 8)... .171 170% 171 169% Con Cigars ... 92 91% General Cigar 60% 60 Llg .& Myers... 89% 88% 88% 89% Lorillard 27*4 27*4 27*4 27% R J Reynolds 146% Tob Prod (B> .105% 105 105*4 105% United Cigar St 27 26% 27 27 Schulte Ret Strs 54 53% 53*4 53% City Halloween Party By Times Special ANDERSON, Ind., Oct. 30.—A parade and dance will be features of a Halloween celebrtaion here Wednesday night. The parade will include masked persons, with children and adults in separate groups, a band, police and auto groups.

HOG RECEIPTS JUMP; PRICES TRIFLE LOWER Cattle Are Steady, With Vealers Stronger; Lambs Up. Oct. Bulk. Top. Receipts. 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 9.36 5,000 29. 9.40 9.50 8.000 30. 9.35 9.45 10,000 Hog receipts were boosted slightly this morning at the Union Stockyards. New arrivals were 10,000; holdovers, 403. The market was generally 5 cents lower with underweights steady. The bulk, 180 to 275 pounds sold for $9.35. Top price paid was $9.45. Cattle were steady with the better grade steers selling at sl6 to $16.50. Plain killers were down to $10.50. She-stock was weak. Vealers were 50 cents* to $1 higher, selling at sl6 to lower. Lambs were steady to 25 cents higher with a strong tone displayed Good to choice kinds brought $13.50 to sl4. Fat were $5 to $7. Chicago hog receipts were 36.000, including 1.000 directs. Market slow. A few bids and early sales around 10 to 15 cents lower than Monday’s best figures. Occasional loads of choice 280 to 300 pound weights went at $9.10 to $9.15. Choice 200 to 250 pound overages were bid at $9.15 to $9.25. Cattle receipts’ were 8,000; sheep, 14.000. Hog prices at the city yards today were: 250 to 350 pounds, $9 to $9.45; 200 to 250 pounds. $9.35 to $9.45; 160 to 200 pounds, $9 to $9.33; 130 to 160 pounds, $8.75 to $9; 90 to 130 pounds, $8.25 to $8.75; packing sows, $7.50 to $8.50. Cattle receipts were 1,450; calves, 60. Market slaughter classes about steady. Vealers were higher. Beef steers, sll to $16.50; beef cows, $7.50 to $9.75; low cutter and cutter cows, $5.25 to $7; vealers, sls to sl6; heavy calves, $6.50 to $11; bull stock and feeder steers, $8 to $11.50. Sheep receipts were 1,200. Market was strong to 25 cents higher. Top fat lambs, sl4; bulk fat lambs, sl4 to sls; bulk cull lambs, $8 to $11; bulk fat ewes, $4.50 to $7. —Hors — Receipts, 10,000; market, lower. 250-350 lbs. $ 9.004? 9.45 200-250 lbs 9.35*@ 9.45 160-200 lbs 9 034/ 9.35 130-160 lbs 8.754i 9.00 90-130 lbs 8.2541 8 75 Packing sows 7.5047 8.50 —CattleReceipts. 1.450; market, steady. Beef steers 811.00® 16.50 Beef cows 7.504? 9.75 Low cutters and cutter cows.. 5.2541 7.00 Bulk stock and feeder steers.. B.oo® 11.50 —Calves— Receipts, 650; market, higher. Best vealers $15.00<@16.00 Heavy calves 6.504t11.00 —SheepReceipts. 1,200; market, higher. Top fat lambs $14.00 Bulk fat lambs 13.50ig.14.00 Bulk cull lambs 8.004/11.00 Bulk fat ewes 4.50& 7.50 Other Livestock By United Press CHICAGO, Oct. 30.—Hogs—Receipts. 36,00C: market, opened 104/ 15c lower; later trade, 104/25c lower; top. $9.25 paid for choice 200-250 lbs. hundreweight; butcher medium to choice, 250-350 lbs., $8,754/ 9.25; 2 10-250 lbs.. $8,754/9.25; 160-200 lbs., $8,604/9.25; 130-160 lbs.. $8,154/9.15; packing sows. SB4/8.50; pigs, medium to choice. 50-130 lbs., SB4/8.75. Cattle—Receipts, 8,000. Calves—Receipts, 3,000; fed steers, steady to 25c higher, weighty kinds up most; inbetween grade, light heifers and mixed yearlings, slow to weak; general she stock market draggy; best heavy steers. $17.35; slaughter classes steers, good and choice, 1300-1500 lbs., $144/ 17 50; 1100-1300 lbs.. $13,754/ 17.50; 90-1100 lbs., $13.75/*/. 17.75; common and medium. 850 lbs., $8,254/8.75; fed yearlings, good and choice, 750-950 lbs., $144/ 17.25; heifers, good and choice, 850 lbs. down. $13,504/ 16.50; common and medium. $7,754/13.50; cows, good and choice. $9,254/11.75; common and medium. $7,254/ 9.25; low cutter and cutter. $5,504/7.25; bulls, good and choice beef. $9,504/ 10.75; cutter to medium, $6,754/, 9.50; vealers, milk fed, good and choice. $13.504/15; medium, $12.504/13.50; Stocker and feeder steers, good and choice, all weights. $10,504/12.50; common and medium, $8.50/</10.50. Sheep—Receipts. 14,000; fat lambs, opening slow on account of stronger asking prices; early bids and sales in instances lower on paper; naturally about steady, quality considered; not much change on sheep and feeding lambs; lambs, good and choice, 92 lbs. down, $134/14: bedium. $124/13; cull 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, $12,254/, 13.30. Bp United Press CINCINNATI, Oct. 30.—Hogs—Receipts, 4.600; holdovers. 760; market, irregular: 250-350 lbs., $8.75479.45; 200-250 lbs., $9.25 4/ 9.45; 160-200 lbs., $94/9.45; 130-160 lbs.. $8,754/9.25; 90-130 lbs.. SB4/9.25; packing sows. $6.75® 8. Cattle—Receipts, 325; calves. 300; market, veals steady to $1 up.* beef steers, $8,504/14; light yearling steers and heifers. $8.50*0)14.50; beef cows. s74* 10.50; low cutter and cutter cows. $5,254/ 6.50' vealers. $134/15.50, heavy calves. $9 4/14; buik stocker and feeder steers. s94* 10.50. Sheep—Receipts. 650; market, lambs $1 up; top fat lambs. sl4; bulk fat lambs. $124/14; bulk cull lambs, SB4/11; bulk fat ewes, s4(§6. Bp United Press EAST BUFFALO. Oct. 30.—Hogs—Receipts. 500; market, steady; 250-350 lbs.. $9,504/ 10; 200-250 lbs.. $9,754/ 10.18; 160200 lbs.. $9.75® 10.10; 130-160 lbs., $9,504/ 10: 90-130 lbs., $9.25419.75; packing sows, $8,254/8.75. Cattle—Receipts, 50; calves. 150; market, steady; market, 50c up; beef steers. $12®15: light yearling steers and heifers. $134116; beef cows. SB4/10; low cutter and cutter cow*s. $4,504/ 6.75; vealers, $164/ 16.50. Sheep—Receipts. 600; market. 25c up: top fat lambs, $144114.25: bulk fat lambs, $8,504/ 11; bulk cull lambs, $6.25® 7. V By Times Special LOUISVILLE. Oct. 30.—Hogs—Receipts. 1,000; market steady to 10c lower: heavy and medium hogs. 180 lbs. up. $8,554* 9.05; pigs and lights. 170 lbs. down, $7.30418.40; stags and fhrowouts, $6,854/7.45. Cattle— Receipts. 200; market steady; prime heavy steers. $12.504713.50; heavy shipping steers. $10.5045 12.50; medium and plain steer 6, $9 @10.50; fat heifers, $7.50@12; good to choice cows. $7,504/9.25; medium to good cows, $5 754*7.50; cutters. $5.50415.75: canners, $54/5.25; bulls, $64/8.75; feeders. $8.504111.50; stockcrs. s7® 11.50. Calves— Receipts. 300: market steady; god to choice, $11411$; medium to good, $94111; outs. $9 down. Sheep—Receipts. 300; market steady; lambs. $11.504112; seconds. [email protected]; sheep. s4® 6; bucks, $34/3.50. Monday’s shipments: Cattle, 1,910; calves, 261; hogs, 847; sheep, none. Bp United Press PITSBURGH. Oct. 30.—Hogs—Receipts, 1.600; market uneven; 250-350 lbs.. $9.50® 9.80: 200-250 lbs.. $9,754/9.85: 160-200 lbs. $9,604/ 9.85: 130-160 lbs.. $9,504/ 9.80: 90-130 lbs., $9.25419.75; packing sows, SB4/9.50. Cattle—Receipts, none: market firm; beef steers. $10@13: beef cows, sß® 10; vealers, $134717. Calves—Receipts. 50: light yearling steers and heifers. $94712.50; low cutter and cutter cows. $5*®7.50: heavy calves. SB4/15. Sheep—Receipts. 750; market steady; top fat lambs, $14.25; bulk fat lambs, $12,504/14.25; bulk cull lambs. sß® 11; bulk fat ewes, ss<§>6.so. COLUM”pRAISES SHAW Irish Poet Addresses Members of Contemporary Club. George Bernard Shaw was characterized as “one of the greatest Irish writers of all times,” by Padriac Colum, Irish poet and essayist, who addressed members of the Contemporary club at the Woman's Department club, 1702 North Meridian street, Monday night. Colum, who was formerly editor of the Irish Review, Dublin, and one of the founders of the Irish National theater, is now living in America.

THE INDIANAPOLIS TIMES

Produce Markets

Butter (wholesale price)—No. 1, 50@52c; No. 2. 40@49c. Butterfat, 49c. Cheese (wholesale selling prices, per pound*—American loaf, 34c; pimento loaf, 36c; Wisconsin flat, 27c; prime cream. 27c; Daisy. 27c; Longhorn, 27c; New York Llmberger, 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, los off, 334(34c. Poultry (buying pricesl—Hens. 244725 c; Leghorn hens. 174719 c; 1928 spring, large breed, 2 lbs. and up, 234724 c; 1 to 1% lbs., large, 20c; Leghorns, 18@20c; old roosters, large. 12c; small. 104713 c: ducks 124715 c: geese, 104112 c; guineas, young. 50c; old 35c.

TRADERS MAKE PRICE CHANCES ..—i Department of Agriculture Ends Survey. Bp United Press WASHINGTON. Oct. 30.—Swings in the price of wheat are “directly affected” by the activities of big grain speculators on the Chicago market, the department of agriculture declared today. It made public the results of a study of 1926 traJftng operations in the Chicago market, by Dr. J. W. T. Duvel, head of the grain futures administration and G. Wright Hoffman. consulting economist. Without the heavy concentrated trading of the speculators, “price changes would be more gradual and would move more nearly in line with fundamental market information,” it was said. Paying particular attention to the operations of five leading speculators, the bulletin showed that one of these men was 12.000,000 bushels short of wheat on one day and another was 10.000,000 bushels short. Days on which net trades of the five were 2,000.000 bushels or more, numbered twenty-eight during 1926 it was said. On twenty-four of these days the market moved In the same direction as the r?t trader. On fiftysix days their net trading was 1.000,000 bushels or more, and the market moved in the direction of the net trades on forty-four of these days. The authors also found that fortytwo men during 1926 bought or sold as much as 500,000 bushels in futures on at least one day. The movement of prices Is “by no means a coincidence,” declared Durvel and Hoffman,” the outstanding fact is established that the large-scale trading of leading speculators directly relates to price to a marked degree.”

Commission Row

PRICES TO RETAILERS FRUITS Apples—lndiana Jonathan. $1,154/2 crate; box Jonathan. $2.50: box Grimes. $2.25; bushel Wolt Rivers. slso® 1.75. Winter Bananas —$2,254/2.50. Cantaloupes—Persian. $3.75: Casaba. $3. Cranberries—s4.2s. 25 lb. box. Grapes—Seedless, $2.50@ 2.75: Concord. 30c a five-pound basgkec; Tokay. $1.65® 1.75. Grapefruit—ss.7s crate. Huckleberries—Michigan. $6.50@7, 12 qt basket. Lemons—California. $74/7 50. Limes—Jamaica. $2,254/2.50 per 170 Oranges—California Valencias, $7479.25 craie; Florida. $■’477.50. Pomegranates—s3 crate. Persimmons—Japanese $2.75473: Indiana. $1.25 a box of 12 pints. Pears—Washington, per box. $3 50; New York Bartletts. $3. Flams—California. $2473 bushel. VEGETABLES Artichokes—sl.so a doz. Beans—Southern stringless. $4 bu.; wax. $3. Cabbage- -Fancy home-grown, $2.50 bbl.; Wisconsin. 2%4*3e lb. Cauliflower—California. $2.50472.75. Celery—Michigan, $1 crate; home grown, 25 ** 45c doc. bunc hes. Cucumbers—lndiana hothouse, home grown, $2 50 doz. /.'Replant- S3 doz. Kale—Spring. $1 bu. Mustard—Kancv home grown. $1 bu. Okra—Tennesse, $1.50 basket. Onions—Home-grown vellow. $2472.25. 50 lbs.. Utah, large, $4.50 per crat; California. $2.25 crate. Parley—Home grown. 50c doz. bunches. Peas—California. $74/8. 45-lb. crate. Peppers—Home-grown Mangoes. $2 bu Potatoes—Michigan round whites, $2.25 150 lbs.: Ohio. $1.20. 120 lbs. Radlsh/s—Hothouse, button. 50c dozen bunches. Spinach—Fancy home grown $1.2547 i.50 bu. Tomatoe;—California. 30 lbs., $2.75: hothouse. $2.50 Cocoanuis- $6.50 per bag of 100. Sweet potatoes—lndiana Jersey, $2.25 §er bu.: Virginia Jersevs. $3,254/3.50 per u.; Tennessee Nancy Halls. $2.50 a hamoer. JUNIOR G. 0. P.S GATHER Senator Watson Will Address Columbia Club Session. Junior Republicans of the state gathered here today for a rally at the Columbia Club which will culminate tonight in an address by Senator James E. Watson and a dance. John K. Ruckehshaus, local attorney, will preside at the Watson meeting tonight, in the ball room. Speakers at the 6 o’clock banquet will include Elza O. Rogers, Republican state chairman, Rae W. Powel, junior Republican state chairman and Douglas Whitlock, college chairman. twoTlee reformatory Indianapolis Men Escape From State Farm. Two Indianapolis men escaped from the Indiana state reformatory at Pendleton Monday night, police were informed today. The men, Walter Bains, 26, 1813 Dawson street, and Charles Tolbert, 25. of 1017 West Michigan street, were assigned to work on -the reformatory farm. Bains originally was sentenced on a vehicle taking charge, but was sent tc the reformatory for from two to five years when he escaped from the farm and was captured. Petition to Run Bus Line J. W. Gregg and Andren Carli, both of Brazil, Ind., have filed petition with the public service commission for permission to operate a bus line between Indianapolis and Chicago, through Michigan City, . .A , - ..... .. Dies After Fall From Horse COLUMBUS, Ind., Oct. 30.—Miss Gale Linke. 23, near here, died at the Bartholomew county hospital where she had been a patient several weeks following injuries received when thrown from a horse. City Girl Renounces Faith Dora Maxwell. Indianapolis girl, has renounced the Christian faith and accepted Hindooism. according to dispatches from Kankhal, India. No Dora Maxwell is listed here.

INDIANA NEGRO MUSICIANS HOLD PARLETNOV.3O Plans Made for Two-Day Convention Program at Lafayette. The third annual convention of the Indiana Association of Negro Musicians is to be held in the Lincoln high school at Ind., Nov. 30 and Dec. 1, according to announcements. A students program is planned for Friday afternoon under the direction of Miss Mae Clements of Indianapolis. At night welcoming ex ercises are planned for the delegates at the Bethel A. M. E. church. A special musical comedy of local talent will be the attraction. The orchestra contest will be held Saturday afternoon, in the Lincoln high school, at which time the new talent program is to be presented. The orchestra ensemble is to render the Beethoven suite under the direction of Mrs. Ella Dennis of Richmond. state director of orchestras. Oratorio Scheduled The oratorio, “The Seven Last Words of Christ,” is scheduled for Saturday evening under the direction of Miss Blanche Patterson of Crawfordsville. Mrs. Clara Hill and Wallace Wolfolk are to assist. Officers are Miss Ellen V. Thomas, president; Miss Ida Montgomery, Anderson, vice-president; Mrs. Lillian M. LeMon, executive secretary; Miss Ethel M Hyte, Terre Haute, secretary-treasurer; Mrs. Clara K. Hill, assistant secretary; Theresa H. Genus, publicity, and Miss Mae Clements, chairman of student section. “Why Support the Democratic Party,” by Attorney Forrest W. Littlejohn, and “Why f ipport the Republican Party,” by Mrs. Ida P. Liston. are forum topics scheduled for Thursday night at the Y. W. C. A. Officials announced the change from Wednesday to Thursday night on account of Halloween activtltes. Advanced information indicates the largest attendance of the season for this meeting. Pythians Hold Festival Winter activities of the Monday Luncheon Club began Monday with a program and luncheon at the Martha Ann tearoom, 446 Indiana avenue. Invitation is open to men of the city upon proper enrollment and payment of membership fee. The club program proposes to deal with current questions vital to the Negro group. Attendance is limited to members except on guest days. Wallace N. Waugh is president; Dr. L. B. Meriwether, secretary, and Dr. Guy L. Grant, treasurer. Meetings of the club will open at 12 noon each Monday and close promptly at 1, according to officials. Twenty-four Pythian organizations began the long-heralded fall festival Monday night at the K. of P. hall, Senate avenue and Walnut street. The program is to close on Saturday night, according to officials. Invitations have been sent to the various fraternal organizations of the city to be present tonight, fraternal night, as guests of the general committee. Short talks are to be made by repi esentatives of each order, which will be followed by a fraternal “love feast.” Quartet to Give Concert The Y. W. C." A. quartette is scheduled to appear at the Friends church. Thirteenth and Alabama streets Nov. 7. Nov. 13 an engagement is to be filled at the Friend" church at Danville, Indiana. Members of the quartet are Mrs Martha Hill, Mrs. Selma Harr,’, Mrs. Viola Wilson and Mrs. Willa Johnson. Private funeral services were held Sunday at the home of Mrs. Bessie Holliman, 1847 Boulevard place, daughter of Mrs. Mary Mosby whe died Saturday morning at the home. The Rev. R. L. Pope officiated. Mrs. Mcsby is to be buried at the family home in Harrodsburg, Kv Those who survive are: Brs. BUssie Holliman, Mrs. Rosetta Reese and Mrs. M. A. Morgan, Harrodsburg, Ky., daughters; George Mosby, Boston, Mass., a son and Mrs. Winona Ayres, granddaughter, Detroit. Chorus to Rehearse Evangelistic services began Monday night at the North Indianapolis Baptist church of which the Rev. F. F. Young is pastor. Meetings for the week will be conducted by the Rev. Orlando Mitchel and the Rev. J. T. Highbaugh. A chorus of 500 voices is to be presented in a music festival at the Y. M. C. A. at an early date. The first rehearsal will be held tonight in the Y. M. C. A. auditorium. Leading social organizations of the city are promoting this festival, the singers for which are to be trained by J. Harold and Mrs. Brown. A1 choirs, choral societies and interested persons are invited to join, stated officials. Fund Meeting Set A boosters’ Community Fund meeting is planned for Sunday, Nov. 4 from 4 to 5 p. m. in the Y. W. C. A. parlors. A special speaker wlil address the captains and workers. Refreshments will be served. The Y. W. C. A. campaign committee will meet at the building Nov. 1. Mrs. Susie Moten is chairman. The high schol girl reserves committee meeting is scheduled for Nov. 3 at 2. Miss Emma Allison is chairman. Mrs. George Morgan and son of Chics "o are visiting here, following the death of Mrs. Mary Mosby. Murder Trial Opens It n Times special GREENSBURG. Ind., Oct. 30. The second day of the trial of Michael Powers, charged with first degree murder In the slaying of Williaip Fulks during an auto parking dispute, opened this morning in Decatur circuit court here with efforts to obtain a jury continuing.

The City in Brief

The Calendar club of the Capitol Avenue Methodist 'Episcopal church will give an entertainment in the church school auditorium, Friday night, for the benefit of the church building fund. Music and dramatic readings will be featured on the porgram. It will be in charge of Mrs. George G. Moore. “What National Advertising Means” will be the subject of I. D. Carson of the N. W, Ayer and Son national advertising firm of Philadelphia, Pa., at the Advertising club luncheon at the Columbia club Thursday. Carson formerly lived in Indianapolis and attended Indianapolis schools. Martin Brezigar, arrested Saturday night in a raid on his home, 771 North Warman avenue, was held to the federal grand Jury under $2,500 bond by John W. Kern, United States commissioner. Monday. Federal dry agents charged they found 135 gallons 6f wine, twenty-five gallons of beer and several empty barrels at his home. Increase from $6.25 a month to $8 for business and from $3 to $3.75 for residence telephones has been asked of the public service commission by the Citizens Independent Telephone Company, Terre Haute. The rate increase petition was filed Monday. Under auspices of George V. Coffin, Seventh Ditsrict Republican chairman, Col. Roscoe C. Simmons billed as the "greatest colored orator of the day,” will address a rally of Republican voters tonight, 8 o'clock, at the Walker Casino, West street and Indiana avenue. Louis Ludlow, veteran Washington newspaper correspondent and Democratis candidate for congress, will speak at the Kiwanis Club luncheon at the Claypool Wednesday. A man, who said his name was M. E. Zufall, forgot his address after being struck by an automobile at Fifty-second street and Keystone avenue, Monday night. Witnesses told police Zufall ran into the path of the car driven by Frank Smeltz, Ravenswood. He was taken to the city hospital. J. Dwight Peterson, assistant manager of the City Securities Corporation, affiliated with the City Trust Company, will speak at the Indianapolis Real Estate Board luncheon at the Chamber of Commerce, Thursday noon. He will discuss “Real Estate Financing.” The Rev. Frederick E. Taylor, pastor of the First Baptist church, Monday spoke before the Massachusetts state Baptist convention iw Boston on “The Task of the Church.” The Rev. Taylor left Indianapolis Sunday for the conclave, where he will deliver two other addresses before returning the latter part of the week. "The Message of the Church” and “The Spirit of the Church” are the subjects of the other speeches. A ten-week study of real estate appraising is being held by the Indianapolis Real Estate Board. The first session was Monday, with Tom L. Dillon and C. B. Durham leading a discussion of “Appraising Vacant Lots.” The classes will be held each Monday noon. Thomas Riley, 53, of 409 North Rural street, is in city hospital to-

Zep Is ‘lt’ Navy Plays War Game: 26 Radio Stations Keep Tab.

By United Press WASHINGTON, Oct, 30.—The navy department is playing a war game with the German dirigible Graf Zeppelin, but the dirigible crew doesn’t know it, the United Press learned today. Unknowingly the Graf Zeppelin is acting the part of an “enemy” craft. i Twenty-six naval radio compass stations along the Atlantic coast are keeping their instruments trained on the giant dirigible as she noses her way back home again. Every time the Graf Zeppelin uses her radio, the navy stations catch dots and dashes and report their findings to Washington. Two minutes after every message is sent from the dirigible, regardless of whether they are commercial or official, the navy knows the airship’s exact position. When the dirigble made her westward passage over the Atlantic, the navy radio compass stations picked her up as an "enemy’’ craft and followed her course hour after hour from 1,500 miles out until she finally berthed at Lakehurst, N. J. “It was the best opportunity the navy ever had to test our radio compass stations against invading ‘enemy’ aircraft,’’ a navy radio engineer explained. “There was never a time after the Zeppelin was in radio communication with the United States that we did not know her exact position,” he said. DAILEYISDEFENDED Judge Remy Supports Leslie, but Lauds Democrat. Statements attacking the “integrity and ability of Frank Dailey,” would be “unfair, unjust and false,” Judge Charles F. Remy, (Rep.) told the Irvington Republican Club Monday night while indorsing Harry G. Leslie, Republican nominee for Governor. Dailey's opponent. Leslie’s character and ability cannot be questioned, Judge Remy said He explained his support for Leslie was based on a desire to prevent Indiana becoming a “big wheel in the Smith machine for 1932” and because Leslie “is opposed to factional politics.”

day with a broken leg. He was found lying in an alley in the rear of the 500 block West McCarty street Monday night and said he had stepped in a hole in the alley and fell. Despondent because of ill health Mrs. Lola G. Owens, 39, of 627 North Alabama street, attempted to take poison Monday night, police said. Her husband prevented her from taking much of the poison and she will recover, officers who investigated said. Mrs. Jennie Fori, 72, of 1528 Draper street was cut on the head when an automobile In which she was riding with William T. Gross, 55, of same address, ran over a curb and struck a tree at Draper and Palmer streets, Monday night. JAIL EX-COP AND BROTHER Pair Start to Serve Terms on Liquor Charges. Two brothers, one of them a former city policeman, were on their way to state penal institutions today after their conviction and sentence of one to two years each in criminal court Monday afternoon on a charge of transporting liquor. Thomas McKinney, 34, who formerly w*as a motorcycle policeman, w T ill serve his time in the state prison, and Fred McKinney, 29, will be confined to the reformatory. They were separated by their ages, because, under the Indiana law, men over 30 are sentenced to the state prison. They were arrested March 9 after a long chase. Their car, according to testimony, carried 190 gallons of alcohol, twenty-four pints of Canadian beer, two rifles, a revolver and ammunition.

Ho! Broadway! ‘Such Air!’ Says Tex Guinan, Back From Sojourn in California.

Bn United Press NFW YORK, Oct. 30.—Especially radiant because she had put her makeup on in a rather dark Pullman, Miss Texas Guinan, queen of New York’sv night life, returned from Holly"wood Monday and experienced the unusual s<Aisation of seeiig her home town in daylight. “Ho, New York!” she cried while the flashlights of photographers enveloped her in a cloud of smoke. “What a place; why drink Second avenue champagne when you can breath air like this?” Miss Guinan became confidential. "If you’ve got a grudge against anyone.” she bellowed, “send him to California. Say. they’ll sue you out there if you miss a golf ball.” A cabaret out there sued the little woman-about-town, for $50,000. But she came right back and sued a California express company for SIOO,OOO after barging Into one of its trucks, or being barged by one of its trucks. This matter is yet to be straightened out. t “Ah, you New Yorkers,” Miss Guinan said fondly, when questioned about her new collection cf law suits. “I’ve been out among the clover-kickers so long that I don’t know when I'm being kidded. But the truck hit me, see? And it wasn’t $t milk wagon, either.” The bubbling Miss Guinan seemed not at all worried by the fact that she was due to appear in federal court because prohibition agents raided her night club. Neither did she exhibit relief when she learned the proceedings had been postponed for a few days. “Please don’t talk court to this little sweet pertater,” she pleaded coyly, thoughtfully selecting a midiron from her bag of golf sticks and swinging at a reporter with it. “Can’t you see I’m happy?” GRANTHOWELL TRIAL Reverse Court Decision for Jewett’s Chauffer. Five years ago Indianapolis was agitated over the killing of 9-year-old Woaneta Franke, by an automobile driven by Roy Howell, then 37 years old, and chauffeur for Mayor Charles Jewett. Howell was held for involuntary manslaughter and after trial in Marion criminal court was sentenced to Indiana state prison to from two to twentyone years. The law firm of Robbins, Weyl & Jewett, of which the then may or was a member, appealed the case. Today the Indiana supreme court decided that the lower court was in error in holding Howell guilty. The decision was reversed and rehearing ordered in an opinion written by Judge Julius M. Travis and concurred in by other members of the court. Insufficient evidence was the point of error upheld in the appeal. TEAM GASSED IN GYM Rockford Pigskin Players Suffer From Monoxide Fumes. By United Press ROCKFORD, 111., Oct. 30.—Twen-ty-six, members of the heavyweight Rockford high school football team were recovering today from the effects of carbon monoxide gas. The fumes came from anew gas heater in the gymnasium vliere the team was practicing yesterday. The players felt no effects of the deadly gas while in the gymnasium but later when they went to the field to finish their practice one by one they collapsed.

_OCT. 30, 1928

IRREGULARITY MARKS EARLY STOCK TRADES Profit-Taking Is Held as Cause for Erratic Market Action.

Average Stock Prices

Average of thirty industrials Monday was 257.13 up 1.62, new high record. Average of twenty rails Mrmdav’ vsi 142.94, up 1.03. Average ol forty bonds, 96.72, ofl .10. BY ELMER C. WALZER, United Press Financial Editor NEW YORK, Oct. 30.—Profit-tak-ing after the rise of the last two days brought irregularity into the early dealings on the stock exchange today. General Motors, Radio, Victor Talking Machine, Postum, U. S. Rubber and several other issues were lower, while U. S. Steel advanced, favored by expectation of a favorable earnings report to be issued after the close today. Traders were anticipating further money stringency today and after early buying in various issues had subsided the trend was highly irregular. Dealings were quiet. Strength in United States Steel was resopnsible for buying in other steel issues. Vanadium rose a point to 88 1 • and good buying was done in Superior Steel and Bethlehem. American Telephone and Telegraph continued its advance, rising to anew high on the movement at 188, up 3% points from the previous close. Demand continued in Western Union, the issue rallying 2 points to 196. Other high priced issues were firm. R. H. Macy rose 4 points to anew high at 183 : ' 1 ,, and other mercantile issues were strong. Montgomery Ward and Sears-Roebuck, however, held around the previous close. Radio Corporation sold off VA points to 242. but Kolster made a further high record at 83% up %. The latter company is constructing anew factory in Newark and is enlarging others of its eastern plant facilities. Rubber stocks sold off. Goodyear lost % to 83% following its 6 point rise yesterday. United States Rubber declined % to 39%. Motor Equipments held well, with Briggs around 49, up a point. International Nickel gained mors than 3 points to 180 *4 following practical asurance of a merger with Mond Nickel.

Banks and Exchange

Indianapolis bank clearings today wera. $3,511,000; debits were, $7,370,000. CHICAGO STATEMENT CHICAGO, Oct. 30.—Bank clearings. $132,200,000; balances, $12,100,000. NEW YORK STATEMENT By United Press t NEW YORK. Oct. 30.—Bank clearings, $1,029,000,000; clearing house balance, $133,000,000; federal reserve bank credit balance, $105,000,000. TREASURY STATEMENT By United Press WASHINGTON, Oct. 30.—The treasury net balance for Oct. 27 was $224 677.030.86. Customs receipts this month to the 27th were $54,281,128.15. LEAVE CAR AT JAIL Considerate Thieves Make It Easy for Police. Automobile thieves who stole a Ford coupe from St. Clair and Illinois streets Monday afternoon were considerate of police. They abandoned the car in front of county jail just across the street from police headquarters. It was returned to the owner, C. C. Armstrong, 2809 North New Jersey street. Births Clyde and Mildred Burks, Coleman hospital. Boys Lloyd and Artie Wagoner, 961 Lexing* • ton Ave. Myron and Zella Davis. 1323 Shelby. Roy and Maggie Gray, 419 S. St. Peter. Owen and Anna Phillips, 1625 S. Ran* dolph. Girls Franler and Martha Clldewel, Colemart hospital. Boliver and Haley Mitchum, 303 E. Morrls. Macy and Ethel Winters, 1749 Roosevelt. 4 Harry and Velma Collins, 112 E. Vermont. Vujo and Sophie Matlch, 737 Haugh. Twins Martin and Gladys Donahua, 4108 B. Twenty-First. 5 Deaths Mary D. Mosbey, 91, 1847 Boulevard Pl. ( lobar pneumonia. James Buchanan, 65, city hospital, chronic nephritis. Roy Lawhorn, 3 mo., city hospital, marasmus. John Horne, 74, 5437 Carrollton, cerebral hemorrhage. Roy J. Comstock. 41, St. Vincent's hospital, general peritonitis. Leonard A. Cross. 56, 902 Broadway, cirrhosis of liver. Maggie Sims, 48, 1219 Yandes. cerebral embolism. • Wm. D. Martin. 11, 1018 N. Traub, typhoid fever. Mildred Geneva Cox, 29, Methodist Hospital, brain tumor. Christian T. Nelson, 38. Thirty-Eighth street and Big Four crossing, accidental. Amanda E. Gisbert, 64. Thirty-Eighth street and Big Four crossing. Mabel F. Nelson. 40, St. Vincent's hospital. Mary L. Musser, 56. 23 Richland, pernisclous anemia. Frank E. Toohey, 58. St. Vincent’s hospital, carcinoma. Alzora E. Kemper, 71. 5010 Guilford ave., pulmonary embolism. Leon Thomas Young. 49. 1916 Boulevard PL. acute cardiac dilitatton. Mary Brcdell, 82, city hospital, arteriosclerosis. Charles Bernard Hinkle, 69, 3935 Central avenue, acute dllltatlon of heart. f Death Notices DILLF.HAY, ELLA T.—Mother of Samuel, Harry. Edward. Berl and Mrs. Timothy J. McMahon, sister of Lee and Walter Flceman of Coral Cables. Fla.; Charles Fleeman of Springfield, Ohio, and Sidney Fieeman of Pulaski. Va., died Sunday, Oct. 28, 1028. Funeral from the residence of her daughter Mrs. McMe.hon, 1340 East Raymond street. Wednesday 1 . Oct, 31, at 8:30 a. m. Services at St. Cathereines church at 9 a. m. Friends Invited. Funeral Directors W T. BLASEN(iY Main office 222 b Shelby Bt. Jrexel 2570 FINN BROS. FUNEHAI HOME 1639 N. MERIDIAN TA. 188$. George Grinsteiner Funeral director % 622 E. Market. Riley 5374. BERT S. OADD. 2130 PROBPECT ST G. if HERRMANN 1722 S. East St. Dr. 44TJ. KRIKGER, WM. E. FUNERAL DIRECTOR 1402 N Illinois Bt. Rl. 1234. Res . Be. 3866-B | UNDERTAKERS ~ HISEY <ss TITUS 931 N. Delaware. LI. 3838.