Indianapolis Times, Volume 40, Number 157, Indianapolis, Marion County, 21 November 1928 — Page 17

JSTOV. 21,1928.

STOCK ISSUES UNSETTLED IN INITIALSALES Rails Firm on Car Loading Reports; Oils Are in Demand.

Average Stock Prices

.Averegc thirty industrials Tuesday 283.90, up 5.12; twenty rails 150.75, up 1.32; forty bonds 96.87, off .03. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Nov. 21.—Heavy profit-taking in yesterday’s leaders brought about marked irregularity on the stock exchange in early deals today. Changes ranged from gains of 7 points in Radio to losses of more than 3 points in Northern Pacific and Union Pacific. Dealings were still on a large scale, with several 10,000-share blocks coming out at the opening. One of these was Sinclair, which opened at 44%, up %, and another was Standard Oil of New York at 40%, up %. Nevada Consolidated opened 13,000 shares at 35 6-2, off 1%. Selling was considered purely technical, due to the tremendous rise yesterday. Advice to take profits accompanied the majority of brokers’ letters today. Radio Corporation, which gained 26% points Tuesday, was the feature of the early dealings. The issue opened up 7 points at 365, dropped to 360 and then rallied to 362, up 4 points net. General Motors firmed up fractionally and United States Steel also moved forward a small amount after its initial price of 169, unchanged. In the first fifteen minutes, trading amounted to 517,600 shares, or at the rate of more than ten million shares for a full five-hour session. Movements in the list were considerably narrower than yesterday. Keith-Albee-Orpheum made anew high at 41%, up 1%, while General Electric rose 1% to 187%; SearsRoebuck, 1% to 188%; Woolworth, 1% to 225%, and Mack Trucks, 1% to 104%. Rails were firm on higher car loadings reported today, but in the initial dealings several sharp losses were noted in this group. Northern Pacific dropped more than three points and recovered partially, and a similar rally occurred in Kansas City Southern. Erie, Missouri-Kansas-Texas and New Haven continued strong. Oils were in demand, with heavy trading in standard issues. Coppers ruled steady. Kennecott held unchanged at 139%, while Magma firmed up % to 74%, and Anaconda held around 111%, off %.

Banks and Exchange

Indianapolis bank'clearings today were $3,506,000; debits, $7,817,000. NEW YORK STATEMENT By United Press NEW YORK. Nov. 21.—Bank clearings 1,667.000,000; clearing house balance. $163,000,000; federal reserve bank credit balance, $129,000,000. TREASURY STATEMENT By United Press WASHINGTON, Nov. 21.—The treasury net balance for Nov. 19 was, $119,529,-201-94; customs receipts this month to the 19th were. $31,802,024.51.

Produce Markets 1 *

Butter (wholesale price)—No. 1, 51@52c; No. 2. 48 @ 49c. Butterfat. Cheese (wholesale selling prices, per pound)—American leaf, 33; pimento loaf. 35c; Wisconsin flat, 27c; prime cream, 27c; Daisy, 27c; Longhorn, 27c; New York limberger, 30c. Eggs—Buying prices: Fresh delivered at Indianapolis, foss off. 40® 42c. Poultry (buying prices) Hens, 23® 24c; Leghorn hens, 15@19c; 1928 soring, large breed, 2 lbs. and up, 23@24c; 1 to 1% lbs., large, 19@20c; Leghorns. 18@20e; old roosters, largee. 12@lac; small. 10® 12c; ducks, 15@17c; geese, 14c; guineas, young. 50c; old, 35c: turkeys. No. 1 young toms, 12 lbs. and up, 36@38c; No. 1 young hens. 36c a lb.; No. 1 old toms, 26 <3>2Bc; No. 2 old hens. 15@22c lb. B 9 United Press CHICAGO. Nov .21.—Eggs—Receipts. 1.655 cases; extra firsts, 48@49c; firsts, 40 @47c; ordinaries, 30@39c; seconds, 24@ 28c; refrigerator extras, 31c; refrigerator firsts, 30c. Butter—Receipts, 3,552 tubs; extras, 49He; extra firsts, 46 , /2@47M ! c; firsts. 44@45V2C; seconds, 41@43c; standards, 48c; fowls, 18@28‘/2C; springs, 18@ 26 i /2C; Leghorns, 19@22c; ducks, 17@23c; geese, 23c; turkeys, 30@37c; roosters. 20c. Cheese—Twins, 23c; young Americas, 24cH. Potatoes —Market, dull; arrivals, 105; on track, 366; in transit, 558; Wisconsin sacked round whites, 80c@$; Minnesota and North Dakota sacked round whites, 80®>95c; sacked Red River Ohlos, [email protected]; South Dakota sacked Early Ohlos. 90c@$l; Idaho sacked russets, $1.50 @1.75. DISCUSS AD CAMPAIGN Indiana Laundry Owners Hold Session in Claypool. The Indiana Laundry Owners Association met at the Claypool today for their annual fall session. No program was planned, but the $5,000,000 national advertising campaign, sponsored by the association in favor of electrically equipped laundries, now in its third year, was discussed. The campaign runs four years. Work of the association is under the direction of Bert G. Moore, Marion, president; 8.. F. Leonard, Bloomington,* vice-president; Tom Maiben, Logansport, secretary, and Fred Krauss, Indianapolis, treasurer. ‘YOUR WATCH, MISTER!’ Owner May Have Timepiece if He Cares to See Police. Police are holding a watch which the owner may have if he claims it. But police don’t believe the owner will claim it if Jack Adams, 313 East South street, is near. , * A drunken man forced his way into Adams’ home Tuesday night and put his hand into his pocket as if to draw a revolver. Adams landed a right uppercut which knocked the man through the doorway into the yard. A friend picked him up and took him away, but the drunken man lost his watch in the fall. NEW YORK COFFEE RANGE High. Low. Close. J*n 15.50 March 15.05 14.89 15.05 May 14.35 14.25 14.35 July 18.99 13.91 13.91 Sept 13.53 13.43 13.53 Dec. 15.96 15.95 15.96

New York Stocks (By Thomson & McKinnon)

-NOV. 21Ratlroads— PrfiV. High. Low. 12 M. close. Atchison . . .. ... 201% 202% Atl Coast Line.. .. ... 17.1 Balt Si Ohio ...117% 116Y8 116% 116% Canadian Pac...242% 241% 241% 241% Chesa & Ohio ..193% 199% 199% 200 Ches Corp 73 % 73% 73 V. 72% Chi & N West.. 93% 92% 92% 92% Chi Grt West... 15% 15% 15% 15% C R I & P ....134% 133% 133% 134% Del & Hud50n...195 194% 194% 194% Del & Lacka ... 133 131% Erie 65% 64% 65 64% Erie Ist pfd ... 61% 60% 60% 60% Grt Nor 114% 113% 113% 113% 111 Central 141 140% Kan City South. 79% 78 79 77% M K & T 54 53 53 54 Mo Pac pfd ....123% 121% 121% 123% N Y Central .. 186% 185% 185% 187% N Y C & St L 132 131% NY NH & H ... 72% 71% 71% 72 Nor Pacific 116% 113% 115% 115% Norfolk Si West 192% 193% Pennsylvania ... 69% 69% 69% 69% P & W Va 155 Reading 104% 105 Southern Rv 148% 148% Southern Pac .. 127% 127% 127% 127% St Paul 36% 36% 36% 36 St Paul pfd .... 55% 54 54 54% St L & S W 120% St L & S F 118 7 /* 118% Texas & Pac 180% Union Pacific .. 219 216 219 221 West Maryland.. 46% 45% 45% 45% Wabash.. 81 80% 81 81% Rubbers— Ajax 10 9% 9% 10 Fisk 1374 13% 13% 13% Goodrich 83% 83 83% 2% Goodyear 91’% 90% 91 84 Kelly-Spgfld ... 20% 20 20% 20% United States .. 41 40% 41 39% Equipments— Am Car & Fry 95% 96 Am B Shoe 46% 46 46% 46% Am Steel Fd ... 67 65 65 67 General Elec ...188% 185% 187% 186% Gen Ry Signal.. 106 105% 105% 106% N Y Air Brake .. 4474 44% 44% 44% Pressed Stl Car. 22% 21% 22% 22% Pullman 92% 90% 91 92 Westingh Airb.. 49% 49 49 50% Westingh Elec ..140 138% 13974 141 Steels-*— Bethlehem 82% 82 Vi 82% 82 Colorado Fuel. ... 77 78% Crucible 82 Bi% 82 81 % Otis 38% 37% 38 38% Inland Steel .... 75 74 7474 7474 75% Rep Iron & Stl. 9274 8874 9 0 92 74 Sloss-Sheff 123 U S Steel 170 168% 169*4 16874 Alloy 4374 43 4374 44 Warren Fdy .... 31% 31 31 31 Vanadium Corp 10274 100% 10174 1 0274 Motors— Am Bosch Mag.. 36 7* 3574 35 % 36 Chandler 21 20% 21 21 Chrysler Corp ..12874 1 27% 12874 129 Conti Motors .. 19% 18% 18% 1974 Dodge Bros 26% Graham-Paige .. 44 4374 43 74 44 General Motors 213 211% 2117 b 212% Hudson 8371 82% 82% 83 .n 1374 1374 1374 1 4 Mack Motor 10574 104% 1047a 103% Martin-Parry .. . ... 16% 17% Moon 774 7 7 6% Motor Wheel 38 38% Nash 9674 95% 9574 97% Packard ..119 115 116*4 119 Peerless 17% 17*/* 17% 1774 Pierce Arrow 21% Studebaker Cor. '3% 75>/ 8 75% 7.1% Stew Warner ...11174 110 111 111% Eaton Axle .... 57% 57 57 s'. Vi Timken Bear ...14774 147 147 1 4874 Willys-Overland. 27% 2774 2774 27% Yellow Trk 37% 36 37% 36 White Motor .. 3774 37% 37% 37% Mining— Am Smelt & R 'g.281 280 280 283 Anaconda Cop ..112% 111 11174 111% Calumet & Ariz 13274 13074 130*4 132%. Cerro de Pasco. 109*4 108% 109*4 108 Chile Copper ... 7174 7 1 71% 71% Greene Can Cop 166 164% 165 168% Inspiration Cop 40*/4 39% 40 39% Int Nickel 194 188 191 192% Kennecott Cop 139% 13874 138% 139*4 Magma Cop .... 7474 7 4 7 4 73*4 Nev Cons 3674 35*4 35% 37*4 Texas Gulf Sul 8074 79'4 7974 81 U S Smelt .... 61*4 60% 61 60 Oils— Atlantic Rfg .... 55% 54*4 55 5574 Barnsdall (A).. 4874 48'/* 4874 48 Freport Texas 47% 4874 Houston Oil 13774 Indp Oil & Gas. 37% 3774 37% 3774 Marland Oil 47 46% 47 46 Mld-Cont Petrol 4074 40% 40*4 39*4 Pan-Am Pet 8.. 58% 58*4 58*4 57 Phillips Petrol 52% 53 Pro & Rfgrs 28% Union of Cal ... 58 57% 57% 5674 Pure OH 3174 3074 31 3074 Royal Dutch ... 63*4 62*4 63 74 62% Shell 3974 3874 39 % 39*4 Simms Petrol ... 26% 26 74 26 7 a 2674 Sinclair OH .... 4574 44*4 45*/ 44*4 Skelly Oil 41 40% 4074 417, Std Oil Cal 76 7574 75% 73% Std Oil N J .... 54% 54% 5474 54*4 Std Oil N Y .... 40% 40% 4074 39% Texas Corp 737, 7374 7374 73*4 Transcontl 1474 14 14 1474 White Eagle 34% 35 Industrials— Adv Rumely .... 6274 62% 62% 51*4 Allis Chalmers .14 374 1 43*4 1 4374 14274 Allied Chemical.23s 233*4 235 233% Armour A 16% 16*4 16*4 17 Amer Can 11374 113*4 113*4 114*4 Alaska J 874 874 Am Linseed 147 Am Safety Raz.. .. ... 70*4 70 Am Ice 4274 42y, 4274 42% Am Wool 32% 31 74 32 % 30*/, Curtiss 147 145*4 14574 145 Coca Cola 16974 Conti Can 127*4 125% 127*4 125*4 Certain teed .... 31% 31% 317, 31 Congoleum 29 28*4 28*4 29y Davison Chem .. 63*4 627, 63 63'/, Dupont 493 491 491 500 Famous Players. 54 537, 5374 5374 Fox A 101 99% 1007, 1017, Gold Dust 114*4 112*4 1137, 114% Glidden 307* 307* 307* 30*4 Int Paper ... 607* 607s Int Harvester...37s 373 373 39474 Lambert 133*4 Loews 637-4 627* 6274 63 Kelvinator 18',4 17% 177* 18 Montgom Ward. 417 416 417 416 Natl C R 96% 957, 98*4 96% Pittsburgh Coal. 647, 63% 647, 59% Owens Bottle ... 92 74 9 1 92 74 90 74 Radio Corp 372 360 372 359 Real Silk 55*4 537, Rem Rand 29 28*4 28% 30% Sears Roebuck ..188*4 188*4 18614 1*874 Union Carbide ..197% 19374 197 193 Victor 1357, 133% 13474 132*4 USCs Ir Pipe 48*4 477, U S Indus Alco 1277, 127*4 1277, 129 Warner Bros A 1337, 131% 131% 132% Warner B & AB 1327, IJIV4 132*4 131 Utilities— Am Tel & Tel. .197% 195% 19772 198 Am Express 289*4 Am Wat Wks.. 68'/* 65 65 637, Col G & E 129% 129*4 129*4 130 Consol Gas 92 9074 907, 9174 Elec Pow & Lt.. 40% 3974 397, 4074 Nor Am Cos .... 86% 857, 867, 86% Natl Power ... 42% 417, 417, 437, S Cal Ed 31*4 3174 51% 517, Std Gas & E 1... 74% 74*4 74*4 75 Utilities Power 42*4 42% West Union Tel. .. ; 193 Shipping— Am Inti C0rp...130*4 129 130 )31 Am Ship & Com 4 4 Atl Gulf &W I 48*4 477, 477, 48% Inti Mer M pfd. 37*4 367, 37*4 36% United Fruit ...1467, 146 146 147 Foods— Am Sug Rfg.... 86% 85 857, 85 Kroger 126 125*/, 1257, 126 Beechnut Pkg... 86*4 85 85 86% California Pkg.. 78 77 77% 77% Corn Products. 91% 91 91% 92% Cudahy 68 68*4 Cuban Am Sug.. 17y, 17 17 16% Fleischmann Cos. 86 84% 84% 85% Jewel Tea 170 170*4 Kraft Cheese 62 617, Natl Biscuit ...182*4 1797, 182% 176% Natl Dairy 126% 125% 1267, 128'/, Postum Cos 69*4 68'/, 69% 61)'/, Ward Baking B. 137* 16*4 16'/* 167, Tobacco*— Am Sumatra... 58% 57 57 58% Am Tob (B) ....179 178% 178*4 179*4 Con Cigars 93*4 94 Lig & Meyers.. 93% 93% 93*4 93% Lorillard 30% 30y* 30'/* 317, R J Reynolds 158*4 Tob Prod (Bl .106*4 106% 106*4 106*4 United Cigar St. 27% 27% 27*4 277, Schulte Ret Strs 53% 53'/, 53*4 537, electricitycuFasked Roachdale Residents and Town Board File Petition. Members of the town board and twenty-six residents of Roachdale today petitioned the public service commission for electric rate reductions. They alleged that the present charges made by the Wabash Valley Electric Company are excessive, burdensome and give the company an excessive return. Kern Motor Express Company, Princeton, petitioned the commission for permission to operate a truck line between that town and Evansville. SET BUDGET HEARINGS State Committee to Begin Visits to Institutions Monday. State budget committee hearings will be started Monday at 10 a. jn., Lawrence F. Orr, chief examiner of the state board of accounts, announced. Committee members will visit state institutions and secure data for presentation to the legislature.

WHEAT TRADE DULL I DUE TO LAKOFNEWS Corn Bulls Gain Courage as Shipments Are Below Expectations. By United Press CHICAGO, Nov. 21.—Nothing in the day’s run of news gave the wheat trade any perspective on the market and prices were little changed. Corn and oats were dull. At the opening wheat was unchanged to Vi cent up and oats were unchanged to 14 cent up. Provisions eased a few cents. Wheat has been acting contrary to the expectations of leading operators, most of whom have predicted sharply lower prices. The December delivery closed yesterday at 115%, only % cent below the close on Aug. 1. The opinion now prevails that bearish statements have gone stale as a market factor and only news will determine the trend. The country apparently has not taken advantage of the colder weather to ship new corn, for recent receipts have been surprisingly small. With more rain in prospect and prediction of increased export business, bulls again are coming into the open. Short covering has been going on in December oats. The country continues to hold its supplies. Chicago Grain Table WHEAT— Prev. High Low 12:00 close Dec 1.16 V, 1.157, 1.18% 1.16 March 1.21 V, 1.30% 1.21 1.207, May 1.29% 1.2374 1.23% 1.23% CORN— Dec 867, .8574 .86*4 .8574 March 887, .87% .887, .88 May 91V, .90*4 .91'/, .907, OATS— Dec. 46*4 .46% .4674 .46 March ....... .46% .46% .46*4 .46% Mav 47% .467* .46% .47 RYE— Dec 1.02*4 1.02% 1.02% 1.027, March 1.0574 1.057, 1.0574 1.05% May :4 1.08% 1.07% 1.08% 1.07% LARD— Pec 11.75 11.70 11.70 11.80 Jan 12.12 12.07 12.12 12.10 March 12.80 12.25 Mav 12.52 12.45 12.52 12.45 RIBS— Dec H. 20 Jan 11.37 By Times Special CHICAGO, Nov. 21.—Carlots: Wheat, 16; corn, 92; oats, 17; rye, 10.

Local Wagon Wheat

City grain elevators are paying $1.30 for No. 2 red wheat and SI.OB for No. 2 hard.

Commission Row

PRICES TO RETAILERS FRUITS Apples—lndiana Jonathan. $1.50®2.25; box Jonathan, [email protected]; box Grimes. [email protected]. Cantaloupes—Persian. $3.75: Casaba. $3 Cranberries—s4® 4.50. 25-lb. box. Grapes—sß*7(B.so. 50-lb. box; Tokay. SI.BO-$1.90; Cornichons, $2. Grapefruit—s4.2s® 4.50. Lemons—California. $6®6.50. Limes—Jamaica, };2.25®3.50 per 100. Oranges—California Valencias, s7® 9.25 crate; Florida. ss@6. Pomergranates—s3 crate. Persimmons—Japanese. $2.75®3; Indiana. $1®1.25 a box of 12 pints. Pears—Bose.. $4.50: Anjou. 14®4.50. Plums—California. s2®3 bushel. VEGETABLES Artichokes—sl.7s a dor. Beans—Southern stringless. $4.50 bu ; wax. $4. Cabbage—Fancy home-grown. $2.50 bbl.; Wisconsin. 2‘4@3c ib. Cauliflower—California, $2.25. Celery—Michigan, $15*1.2*; home-grown. 25® 45c doz. bunches. Eggplant—B3 doz. Kale—Spring, southern, bu. box, sl® 1.25. Mustard—Fancy home grown. $1 bu. Okra—Tennesse. $1.50 basket. Onions—Home-grown yellow. $4®4.50 per 100-lb. bag: Spanish, $2®2.15 crate. Parsley—Home grown, 50c doz. bunches. Peas—California. $6.50 45-lb. crate. Peppers—Florida. $8®8.50. Potatoes—Michigan .round whites. t 2. 150 lbs.: Ohlos. $1.50®1 75. Radishes—Hothouse. button, 75®85c dozen bunches. Spinach—Fancy home grown, $1.25® 1.50 bu. Tomatoes- - Hothouse. $3. 10-lb. basket. Cocoanuts—s6.so per bag of 100. Sweet Potatoes—lndiana Jersey, $2.75 per bu.: Virginia Jerseys, $3,251*3.50 per bu.; Tennessee Nancy Halls, $1.75® 1.90 a hamper. By United Press CHICAGO, Nov. 21.—Apples. $5®6.50 per barrel; pears, $2.25® 2.50 per bushel.

In the Stock Market

(By Thomson & McKinnon) It is a relief to one that writes as it must be to the one that reads to get away from cold figures, routine statements relating to stocks in which we are daily dealing in such huge volume. It was therefore doubly interesting to us to read the opinion of Mr. Atterbury as cabled from Paris. Mr. Atterbury, as you know, is the president of the Pennsylvania railroad. This is a very good credential in presenting his name to you. He says that we will have four, and possibly eight, more years of developing prosperity in the United States. We think most of us will agree with him, except on the limit of time. Why stop it in four years or eight years? If we don’t indulge in senseless experiments and don’t carry our speculations to the point where a reaction would become • dangerous, what then is to stop national prosperity except an act of providence? We still are looking for an outburst of speculation before long in the railroads. Births Girl, Robert and WUlette Hayes, 1601 Northwestern. Everett and Margaret Thorpe, 926 North Belle Vieu. Charles and Freda Keller, 1407 English avenue. , Francis and Inez Smith, 318 East Nineteenth. Homer and Stella Hunt. 465 North Goodie t. Boys Abraham and Ruth Freije, 2041 Dexter. William and Mary Williamson, 2965 North Olney. Deaths Frank Barnett, 48. 728 DarneU, chronic myocarditis. Mae B. Grey, 44, Methodist Hospital, stereptococcic septicamla. James Tracy, 37. 40f. West Vermont, mitral Insufficiency. William Collett, 72, Olin avenue and B. & O. railroad, acute dilatation of heart. Nannie Bastln. 37. city hospital, uremia. Freda Keller, 21. 1407 English, nephritis. Increase in Cotton Ginnings WASHINGTON, Nov. 21. —The census bureau announced today that running bales of cotton ginned from the 1928 crop prior to Nov. 14 totaled 11,320,302 as compared with 10 894,912 prior to Nov. 14, 1927. This is on the basis of counting round bales as halves and excluding linters.

THE INDIANAPOLIS TIMES

Indianapolis Stocks

—Nov. 21— Bid. Ask Amer Central Life 800 Belt R R Sc, Stkyds pfd 59 64 Belt R R & Stkyds com 69 71 Circle Theatre com 104% 106% Central Ind Power Cos pfd..,. 95*4 100 Cities Service Cos com 72% ... Cities Service Cos pfd ........100 ... Citizens Gas Cos com 56 57 Citizens Gas Cos pfd 102%, Commonwealth Loan Cos pfd.. 102 Vi 106 Equitable Securities Cos com.. 45 ... Hook Drug Cos com 37% ... HorufT Shoe pfd 13 ... Indiana Hotel Cos com 125 ... Indiana Hotel Cos pfd 101 Indiana Service Corp pfd 90% ... Indianapolis Gas Cos com 62 ... IndpU & Northwestern pfd... 10 Indpls Water Wks Cos 5s pfd.. 102.*4 ... Indpls P & L Vs 98% 102 Indpls Pub Wei Ln Assn .... 47% Indpls St Ry Cos pfd 37% 40 Interstate P S C prior lien.... 104 107 Interstate P S C 6s pfd 95 99 Merchants Pub UtU Cos pfd....101 Metro Loan Cos 8s 100 105 North Ind Prod Serv Cos 65... 97% 103 Northern Ind Pub S Cos 107 110 Progress Laundry Cos com 40 E Raub Si Sous Fert Cos pfd 50 Real Silk Hos Cos pfd 98*4 ... Standard Oil of Indiana .... 94% ... T H 1 & E Trac Com 1 T H I & E Trac Cos pfd 9 T H Trac Si Lt 96*4 ... Union Trac Cos Ist pfd 1 Union Trac Cos 2nd Dfd % Union Title Cos com 80 Van Camp Pack Cos pfd Van Camp Prod Ist pfd 98 ... Van Camp Prod 2nd pfd 92 ... —Bonds— Belt R R & Stk Yds 4s 89 Broad Ripple Trac Cos 5s 75 ... Central Ind Power Cos 5s .... 99*4 ... Chi 8 B & N Ind 15 Citizens Oas Cos 5s 102*4 ... Citizens St RR 5s 88% 90 Gary St Ry 6s 86 90 Home T & T of Ft. Wayne 6s. 103 Indiana Hotel Cos 5s 101 ... Ind Northern Trac Cos 5s ..... 4 Ind Ry & Lt Cos 5s 99 Ind Service Corp 5s 94*4 ... Indpls Power & Lt Cos 5s 101'/, Ind Union Trac Cos 5s 2 Indpls Col Si So Trac 8s 98 101 Indpls Gas Cos Ss 100*4 Indpls & Martins Trac Cos ss. 24 Indpls Si Northw Trac Cos 55.. 10 13 Indpls St Ry 4s 68% 70 Indpls Trac & Term Cos 55.. 95% 98% Indpls Union Ry 5s 100% ... Indpls Water Cos s*4s ...102*4 104 Indpls Wa Cos 1953 Si ’54 5V a 5.102% 104 Indpls Water Cos 5s 98 Indpls Water Cos. 4’4s 85% ... Water Works Sec 5s 96 100 Interstate Pub Serv 4%s 91% ... Interstate Pub S Cos 5s 97% ... Interstate Pub S C 6%s 104% ... N Ind Pub Service 5s 101% ... T H I Si E Trac Cos 5s 95 ... , T H I Si E Trac Cos 5s 62 Union Trac of Ind Cos 6s 10 13 V, —Government Bonds——Government Bond*— Ist 3'4s 99.90 100.10 Ist 4%s 100 68 100.90 4th 4**s 100.86 101.08 Tr. 4%s 112.98 113.18 Tr. 4s 107.92 108.12 Tr. 3%S '47 105.02 105.22 Tr. 3%s '43 99.50 99.70

The City in Brief

The Rev. Adelrich Kaelin, retired priest who lives in St. Vincent’s hospital, Monday received a radio sec. the gift of members of St. Josephs parish of Shelbyville, for a birthday anniversary gift. Mr. Kat in was 79 years old. “Some of the Manufacturer of Small Diesel Engines’’ will be discussed by C. L. Cummins, president of the Cummins Engine Company, at the Indianapolis section, American Society of Mechanical Engineers, meeting at the Chamber of Commerce Friday night. The meeting at 7:30 will follow a dinner at 6:15. Dr. Solomon S. Huebner, nationally known insurance authority, will address the Indianapolis Association of Life Underwriters at luncheon Friday in the Chamber of Commerce. His subject will be “Business Life Insurance.” Jasonville Water Company, Jasonville Tuesday petitioned the public service commission to issue $9,600 worth of preferred and $4,800 worth oof common stock to refund expenditures made for a chlorinating plant. Dr. Franklin Witherspoon Hopkins of Kenosha, Wis., noted orator and educator, will speak at the Kiwanis Club luncheon at the Claypool today on “What Price, America?” Introduction of one-man street car service on the Northwestern avenue line this week marked the eighteenth line in the city to come under this type of service, Joseph A. McGowan, secretary and acting president of the Indianapolis Street Railway Company, announced. Organization plans will be discussed at a meeting of Marion county committee No. 2 of the National Order of Elephants, G. O. P. organization, tonight at 8 in the American Woodmen hall, Vermont street and Senate avenue. William L. Hiel, formerly with the real estate department of the American Town Lot Company, has become associated with the farm and suburban department of the Lincoln-American Realty Company, 407 Fidelity Trust building. Many Indianapolis newspaper men will be among the seventy guests to attend the Press Club banquet of Indiana Central college, Thursday night in the college dining hall. Walter McCarty, city editor of the Indianapolis News, will speak on “Glimpses Into the News World.” C. H. Wilson, Secretary of the Insley Manufacturing Company, will be the principal speaker tonight at the monthly dinner of the Indianapolis chapter of the National Association of Cost Accountants of the Chamber of Commerce. His subject will be “Cost Accounting in its Relation to the Operating Statement.” The Murat Chanters will give a concert at school No. 62, at Wallate and Tenth streets, Friday at 8 p. m. under auspices of the ParentTeacher Club. Heirs of the Robert Edwards estate will meet at the public library at 1 p. m. Saturday. Heirs from ever the state will attend the meeting to take action to bring the Edwards case to conclusion, it was announced. Mrs. Martha McQuinthy, 70, of 531 East Vermont street, died in city hospital today as the result of a broken righ hip, suffered in a fall at her home Oct. 16. Convict Makes Assignment Bn United Press MUNCIE, Ind., Nov. 21.—George L. Haymond, former treasurer of the Muncie school board, and now serving a two-to-fourteen-year sentence for embezzlement of $140,000, has made a voluntary assignment for the benefit of creditors, including real estate valued at $20,809, with $10,980 incumbrance; bonds, stocks and all personal properties.

HOGS WEAKER WITH MARKET 15 CENTS OFF Dullness Marks Cattle as Best Beef Fails to Make Prices. Nov, Bulk Top. Receipts. 14. $9.15 $9.20 8,000 15. 9.15 9.15 5.000 16. 9.15 9.15 12,000 17. 9.00 9.10 14,000 19. 9.15 9.15 8,500 20. 8.90 9.00 18,000 21. 8.75 8.85 12,000 Hogs were generally 15 cents lower today at the Union Stockyards, with receipts of 12,000. Holdovers were 701. The bulk, 160 to 200 pounds, sold for $8.75, with a top price paid of $8.85. The trend of beef steers was lower. Plain killers selling at $9 to sll. Better kinds were not making a market. She stock was dull. Vealers were steady at $17.50 down. Little change was reported *r. sheep and lambs. Good to choice classes selling at sl3 to $13.50. Fat ewes were $5 to $6.50. Chicagc hog receipts were 32,000, including 5,000 directs. Market slow. Several loads of choice 200 to 260-pound weights sold for SB.BO to $8.75 or 10 to 15 cents lower than Tuesday’s average, and 20 to 25 cents lower than Tuesday’s best prices. Cattle receipts were 11,000; sheep 17,000. Hog pricos at the city yards today were: 250 to 350 pounds, $8.50 to $8.85; 200 to 250 pounds, $8.75 to $8.85; 160 to 200 pounds, $8.60 to $8.75; 130 to 160 pounds, $8.35 to $8.60; 90 to 130 pounds, $7 to $8.35; packing sows, $7.25 to $8.25. Cattle receipts were 1,100; calves, 600. Beef steers quotable at $9 to $15.50; beef cows, $7 to $10; low cutter and cutter cows, $5 to $6.75; vealers, sl6 to $17.50; heavy calves. $6.50 to $11; bulk stock and feeder steers, $8 to $11.50. Sheep receipts, 1,200. Top fat lambs. $12.50 to $13.50; bulk cull lambs, $7 to $10.50; bulk fat ewes, $4 to $6.50. —Ho*s — Receipts, 12,000; market, lower. 250-350 lb, $ 8:50® 8.85 200-250 lbs 8.75® 8.85 160-200 lbs 8.60(f) 8.75 130-160 lbs 8.35® 8.60 90-130 lbs 7.00® 8.35 Packing sows 7.25® 8.25 —CattleReceipts. 1,000; market, lower. Beef steers ) 9.00615.50 Beef cows 7.00® 10.00 Low cutters and cutter cows. 5.00® 6.75 Bulk stock and feeder steers. 8.00®11.50 —Calve,— Receipts, 600; market, higher. Best veals $16.006 17.50 Heavy calves 6.50® 11.00 —SheepReceipts, 1,200; market, steady. Top fat lambs (13.50 Bu'k fat lambs [email protected] Bulk cull lambs 7.00 6.10.50 Bulk fat ewes 4.00® 6.50 Other Livestock By United Press CHICAGO. Nov. 21—Hogs—Receipts. 32.000; market, mostly 10Si 15c lower; active at decline; top. $9; bulk 170 lbs. up, $8.75®8.90; butcher medium to choice, 25p--350 lbs.. $8.60® 9; lbs.. $8.60'": 160-200 lbs., $8.25®8.95; 130-160 lbs.. sß® 8.75; packing sows. $7.7968.25; pigs, medium to choice, 90-130 lbs., $7.5068.25. Cattle—Receipts, 11,000. Calves—Receipts. 3,000; a little slow on good and choice steers and yearlings; others very draggy and unevenly lower; slowest trade in years on steers and fat she stock; best strees early, sl6; prospective top around sl7; slaughter classes, steers good and choice. 1300-1500 lbs., $12.75@17; 1100-1300 lbs., $12.75617; 950-1100 lbs., $12.75® 17.25; common and medium, 850 lbs., $8.506 12.75; fed yearlings, good and choice. 750-950 lbs., $12,251(16.50; heifers gooc* and choice. 850 lbs. down. $11.25®15; common and medium, $7.50®11.25; cows, good and choice. $8.25® 11.25: common ana medium, $6.75® 8.25; low cutter an* c itters, $5.50 §6.75: bulls, good and choice, beef, $9.50 11.25; cutter to medium, s7®: .35; veals, milk fed. good and choice $12.50® 15. medium, $11.50® 12.50; cull ind common, sß® 11.50; Stocker and beeckr steers, good and choice, all weights, $10.50® 12; common medium. $8.50®11. Sheep—Receipts, 17.000; market, slow, fat lambs unevenly, 25®50c lower: few choice lots early, $13.25® 13.40; fat sheep around steady; feeding lambs strong best. sl3l* 13.25; lambs, good and choice, 92 lbs. down. $12.506 13.60; medium. $11.756 12.50; cull and common. $8.25611.75; ewes, medium to choice, 150 lbs. down. $4.5066.75; cull and common, $1,756 5: feeder lambs, good and choice, $12.25® 13.50. By United Press PITTSBURGH, Nov 21—Hogs—Receipts, 2,500; market. 10® 15c down: 250-350 lbs., [email protected]; 200-250 lbs., $9.15®9.35; 130-160 lbs., $8.50®9.25: 90-130 lbs.. sß® 8.75; packing sows. $767.75. Cattle—Receipts, none; market, 50c up; beef steers, $11.70® 14; beef cows, [email protected]; Waters, $14618 50. Calves—Receipts. 150; ltghL yearling steers and heifers. $96 13.50; low cutter and cutter cows, |[email protected]: heavy calves, $96 15.50. Sheep—Receipts. 750; market, strong: top fat lambs, sl4: bulk fat lambs, $12®14; bulk cull lambs, $8®11; bulk fat ewes, $5®6.50. By United Press EAST BUFFALO, Nov. 21.—Hogs—Receipts, 3.200: holdovers. 1,200; market, ! slow. 25®'35c down; 250-350 lbs.. $8.75® I 9.15: 200-250 lbs., $8,90 6 9.25; 160-200 lbs., , $8.8569.25: 130-160 lbs., $8.506 9.10 ; 90130 lbs., $8,406*8.75; packing sows, $7.50® 8.10. Cattle—Receipts, 275; market, slow; 1 beef steers, [email protected]; beef cows,. I $8.25®10.25: vealersi $11.70®18. Calves— Receipts, 200; market, draggv; light year- I ling steers and heifers. $13.25616; low cutter an dcutter cows. $4.5066.50. Sheep —Receipts, 700; market, steady; bulk fat lambs, $13.50®i4; bulk cull lambs, $7,506 10.50; bulk fat ewes. $6®6.75.

Bn Times Special LOUISVILLE, Ky.. Nov. 21.—Hogs—Receipts. 1.600; market, pigs 35c lower, others 25c lower: heavy and medium hogs, 180 lbs. up, $8.10®8.60: pigs and lights, 180 lbs. down, $6.750 7.95; stags and throwout, $6.40®7. Cattle—Receipts. 200; market. steady: prime heavv steers. $12.50® 13.50; heavy shipping steers. $10.50®. 12.50: medium and plain steers, $9<§;10.50; fat heifers, $7.50® 12; good to choice cows, $8®9.50; medium to good cows. s6® 8: cutters, $5.50@6; canners. $5®5.25; bulls. s6® 9; feeders, $8.50®11.50; stockers, s7® 11.50. Calves —Receipts. 200; market, 50c lower; good to choice. $12@14; medium to good. slo® 12; outs. $lO down. Sheep— Receipts. 100; market, steady; lambs. $11.50® 12; seconds, sß® 8.50: sheep. s4® 6; bucks. s3® 3.50. Tuesday’s shipments—cattle, 92; calves, 102; hogs, 766. By United Press FT WAYNE. Ind., Nov. 21.—Cattle—Receipts. 75. Calves—Receipts. 25. Hogs— Receipts. 800. Sheep—Receipts, 200; market, 25®50c lower; 90-120 lbs., $7.50; 120140 lbs., $7.85; 140-180 lbs., $8@10; 160180 lbs., $8.25; 180-200 lbs., $8.40; 200225 lbs., $8.25; 225-275 lbs., $8.15; 275-350 lbs., $8; roughs, $7.25; stags, $5. Calves—sl6. Lambs—sll.so. By United Press CINCINNATI, Nov. 21.—Hogs—Receipts, 6.800; market, 10025 c lower: holdovers 2.240 : 250-350 lbs., [email protected]: 200-250 lbs [email protected]; 160-200 lbs., $8.50® 8.90; 150160 lbs., $8.25(68.75: 90-130 lbs.. S7O 8.50packing sows, $6.75® 7.75. Cattle—Receipts. 600; calves. 375; market, steers, seml-demorallzed; beef steers, $8.50®12light yearling steers and heifers. $8.50® 14beef cows. s7@9; low cutter and cutter cows, ss® 6.25; vealers, $12@15: heavy calves, s9@l4; bulk Stocker and feider steers. sß®) 0 50. Sheen—Recelnts. 400market, steady; top fat lambs, 1,300: bulk ’fat lambs. $11,500.13; Bulk cull lambs s7@lo; bulk fat ewes, s4@6. Returned on Slaying Charge Bn United Press ELKHART, Ind., Nov. 21.—Frank Porto, 37, who recently moved here and had been under investigation by police for possible connection with the murder of a Chicago man in September, has been arrested. He admitted participation in a fight with Ritbert Redini, the dead man, and said that during the struggle he stabbed Redini, but did not think he killed him. He waived extradition and was returned to Chicago.

QUEEN OF HEARTS Finds ‘Her Cardboard Lover’

-/ !"■ y ’' * . *

T ONDON, Nov. 21.—Tullulah Bankhead, stage star in “Her Cardboard Lover,” has found her’s and his cardboard calling card carries the coat-of-arms of an Italian baronet—Count Anthony de Bosdari. Count Anthony’s success in winning for himself his second countess and the subsequent announcement, Tuesday, by Miss Bankhead, daughter of Congressman William B. Bankhead of Alabama, has turned London flap-

SENATE MAY FORCE UTILITY TESTIMONY

Norris to Press Issue to Get Evidence for Power Probe. By United Press^ WASHINGTON, Nov. 21.—The United States Senate may intervene to force officials of the Electric Bond and Share Company of New York to testify in the federal trade commission’s utilities investigation, Senator George Norris of Nebraska told the United Press today. Refusal of the Electric Bond and Share Company, one of the largest utility concerns in Che world, to answer questions or produce records demanded by the commission, has caused a temporary halt in the investigation of the utilities’ propaganda activities and financial relationship. The commission has announced it would resort to a federal court in an effort to require executives of the company to testify. Judge Robert E. Healy, chief comCIVIC BODY TO HEAR INSURANCE ADDRESS Dr. Huebner to Talk at Open Forum Meeting; Use Amplifiers. “Business Life Insurance” will be the subject of Dr. Solomon S. Hueb-

ner head of the, insurance department, of the Wharton school of finance of the University of Pennsylvania, at the Chamber of Commerce open forum luncheon Friday. Dr. Huebner will speak following the luncheon and those desiring to hear him without attending the luncheon may do so without charge.

Dr. Huebner

Amplifiers have been placed in the Chamber of Commerce lounge to care for an overflow crowd. RUBBER TO BE TOPIC Assistant to Goodyear President Will Speak in City. Harry E. Blythe, assistant to the president of the Goodyear Tire and Rubber Company, Akron, Ohio, will speak at the annual meeting of the Personnel Association of Indianapolis at the Severin Wednesday at 8 p. m. His subject will be “Is the Machine Displacing the Worker? If so Where Does the Worker Go?” The personnel association is an organization of personnel officials of Indianapolis stores and industries. R. N. Phelps, the Link Belt Company, is president; Earl Beck, Eli Lilly Company, is vice-president, and Earl Buchanan, National Malleable and Steel Castings Company, secretary-treasurer. American Telephone and Telegraph Company The regular quarterly dividend of Two Dollars and Twenty-Five Cents ($2.25) per share will be paid on January 15, 1929, to stockholders of record at the close of business on December 20, 1928. v R BLAIR-SMITH, Treasurer.

Tullulah Bankhead

perdom into hysterical ecstasies. Tullulah was a favorite with the British ingenues of every-day life. They received the announcement of her marriage, in December, to the man who was divorced by Josephine Fish, Chicago, society woman, for infidelity, with a mixture of tears and cheers. Miss Bankhead will continue her stage career,' following her marriage. She will become a British subject. The honeymoon trip will be to her home, “down in Alabamy.”

mission counsel, now is preparing his briefs and other data to be presented to the court. Aroused by the company’s defiance of the commission, Senator Norris said today he favors anfi would advocate when Congress convenes, appointment of a senate committee to obtain the desired testimony.

A GREAT TRIP! ALLURING—EDUCATIONAL—INEXPENSIVE SELECT LIMITED PRIVATELY conducted week-end motor eoacli party organizing for two-day sight-seeing visit to CHICAGO WONDER CITY OF THE WORLD Leaving Indianapolis 10:30 Friday Night SATURDAY AND SUNDAY IN CHICAGO Arriving Back Home 7 A. M. Monday Only 25 Can Go*-Get Details at Once ROUND TOTAL TRIP CHARGE You Need Not Spend a Penny Over $7.25 If You Wish „ nil ° 1 i ri M, * r , a n s ln ' lo n ' t a * * hotel accommodations, room in" luited ’ th ter tlcket and huntlre,K of miles of sight-seeing, all You Are Our Guest at Our Expense While With Us in Chicago l.pon arrival in Chicago you are registered as our guest at the famous new Bismarck Hotel-world renowned for it splendid cuisine and service. After breakfast you may rest ln your room until noouif you des re. After luncheon th-: afternoon will be occupied by an extensive sight-seeing tour—seeing Chicago as you never saw it before ,uof!u U ( g ih C great bo1 ! ev ? rtls aua P a, 'k system—the down-town loop district—the tvorld s busiest corner—mammoth department stores—giant office buildings—wonderful theaters—world's largest and tallest hotels—the great Chicago public library—the art institute—the worldfamous field museum—the great stadium in Grant park on the lake trout the / marvelous sky line view of Chicago’s skyscrapers—the municipal pier—Jackson park—(site of 1891! world's fair), University ot Chicago, beautiful campus and buildings—Garfield park, sunken gardeus and great conservatory—Lincoln park zoo and zoological gardens—Lake Shore drive—famous homes and clubs, etc., etc.—famous works of art—Buckingham memorial fountain—St. Gaudin's statute of Abraham Lincoln— Lorado Taft’s masterpiece, "The Passing of Time,” etc. You will see islands actually being created ln Lake Michigan, on which permanent buildings will house exhibits from all countries on earth for Chicago's greatest of all world fairs in 1939, which will bring millions of people to Chicago, You will enjoy every minute of your trip. Saturday evening a dinner dance, followed by a theater party.. After a cheerful breakfast Sunday morning we board our motor coach for an inspection tonr of Chicago’s fast growing western suburbs, where investment possibilities are second to none. YVe will have an appetizing luncheon in a western suburb —later returning to the Bismarck for relaxation before our delightful Sunday evening dinner. Leaving Chicago, 11 p. m. Sunday night, arriving Indianapolis, 7 a. m. Monday. Thus will end the most enjoyable and greatest travel bargain you will likely ever exeperience. Comfortable alr-cusliion reclining scats for 25 persons, only. Reservations mude in order us received and approved. COME IH at OHCE—or MAIL ATTACHED COUPOH HOMER E KENT, 337 Lemcke Bldg., Indianapolis. Please send, without obligation, further particulars regarding your privately conducted trip to Chicago. NAME ADDRESS .j. OCCUPATION * TELEPHONE T-11-21 ,

PAGE 17

MODEL HELPS QUIZ KILLING OF ROTHSTEIN Took Drink in Room Where Bet King Was Killed, Hours Before Slaying. BY MAX BUCKINGHAM United Press Staff Correspondent NEW YORK, Nov. 21.—The city officially entertained a pretty blonde cloak model from Chicago today, giving her the escort and attention often accorded visiting celebrities, as the law authorities trotted around in circles to find out who killed Arnold Rothstein, noted gambler. The pretty cloak model is Mrs. Ruth Keyes, whose chief claim to the vast publicity accorded her is that she had several drinks in the room in which Rothstein was killed. She was brought to New York Tuesday night a voluntary witness, and alighted from the Chicago train at the One Hundred and Twenty-fifth street station, where Babe Ruth, Governor Smith, and other celebrities often leave the train to avoid crowds. Witnesses Are Concealed Police motor cars met her. A police matron was assigned to her to be certain she wasn’t lonesome. She was taken to a hotel and hidden from reporters. This morning Mrs. Keyes was brought down to the office of District Attorney Joab Banton, again richly escorted, for a conference centering on the Rothstein case and later will visit police headquarters to look at pictures—the muggy portraits of the better known characters in New York’s underworld. Shortly after Mrs. Keyes arrived a middle-aged man was taken to the district attorney’s office and became a part of the conference with the pretty cloak model. He was taken away by assistnts some thirty minutes later. Also it was learned today the police have two more witnesses whoso identities are unknown. They artbeing concealed by police pending questioning. Mrs. Keyes has denied knowledge of who killed the mysterious Arnold Rothstein, the gentleman gambler de luxe who would as soon have bet a half million dollars as the ordinary person would bet five. She said she never even met Rothstein. Scores Police Tete-a-Tete But she was visiting the Park Central hotel ti e early part of November and was a guest there on Nov. 4, the night Rothstein was killed. She met a “Jack”—a charming fellow—who invited her to have a drink in room 349. She met several men there. A few hours later Rothstein was shot in room 349 and police hope Mrs. Keyes may be able to tell who some of the men were in that room.