Indianapolis Times, Volume 40, Number 198, Indianapolis, Marion County, 8 January 1929 — Page 11

JAN. 8, 1929.

EARLY TRADING GAINS STOCK BETTER TONE Dealing Quiet in Opening; Vigorous Buying in Few Issues.

Average Stock Prices

Average of twenty Industrials Monday was 297.70, off 4.73. Average of twenty rails was 151 79. off 1.74. Average of forty bonds was 99.32. up .13. UY ELMER C. WALZER United Press Financial Editor NEW YORK, Jan. B.—Stocks were irregular in early dealings today, with trading fairly quiet. Pressure was again in evidence against high grade issues like United States Steel, New York Central and Anaconda, while vigorous buying activities were again conducted in American Can and Studebaker. American Can former rose fractionally to a further new high on the movement while Studebaker opened unchanged at 83 on sales totaling 5,000 chares. Schulte Retail Stores was the feature of the specialties, opening more than a point higher, following unexpected declaration of the regular dividend. Montgomery Ward was again under heavy pressure, opening a point lower at 140 on sales of 5,400 shares. Sinclair, Wright Aero, Warner Brothers Pictures, New Haven and Victor Talking Machine made substantial losses in quiet trading. Radio rose more then a point and a somewhat better tone was in evidence in Nash, Hupp and Kennecott. Chrysler broke sharply after initial steadiness and automobile shares were generally under pressure. General Motors new made a new low on the movement at 79, while the old stock lost half a point at 197. American Can ran into heavy selling after the opening and lost its initial gain but Studebaker continued In broad demand, selling at a further high on the movement at 83t£, up 6% points from Saturday’s low. Trading was very unsettled, however, and pools were indisposed to mark up their favorites.

Banks and Exchange

City bank cltarlnKs figures, as given In The Time* dally, ar checked carefully and always are correct, barring possibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings Tuesday, Jan. 8, *4,533,000; debits. $7,984,000. NEW FORK STATEMENT B" I nit <1 SS NEW YORK, Jan. B.—Bank clearings. $2,066,000,000; clearing house balance, $170,000,000; federal reserve bank credit balance, $127,000,000. TREASURY STATEMENT By United Press WASHINGTON. Jan. B—The treasury net balance for Jan 5. was $227,939,166.90. Customs receipts this month to the sth. were $5,796,133.77.

Produce Markets

Butter (wholesale)—No 1. 51®52c; No. 2. 49c. Butterfat —Lb.. 49"r50c. Cheese ( wholesale selling price per pound)—American loaf. 33c: pimento loaf, 35c: Wisconsin flat. 29c: prime cream. 27c: Daisy. 26c: Longhorn, 26c; New York Hmberger, 30c. Eggs—Buying prices; Fresh delivered at Indianapolis, loss off. 30332 c. Poultry (buying prices) Hens. 25® 26c; Leghorn henß. 21c; 1926 springers, large breed. 2 lbs. and up. 26c; 1 to 1% lbs.. 23c: Leghorns. 21c; old roosters, large. 14c; small. 10® 13c; ducks. 16®17c; guineas, young. 50c: old. 35c; turkeys, o. 1 young toms. 12 lbs. and up. 35//38c: No. 1 young hens. 36c a lb.; No. 1 old toms. 22'-i2sc; No. 2. old hens. 25©30 a lb. Bil United Press CHICAGO. Jan. 8 Eggs Receipts. 10.: 510 eases; extra firsts, 38 /39c: firsts. 37c; ordinaries, 30//34c; seconds 22///24<•: refrigerators. 24fu27c. Butter—Receipts, 11,143 tubs; extras, 47c; extra flrnts. 45% •46c: firsts, 44%///. 45c; seconds. 43®.. c; Standards. 47c. Poultry—Receipts, 3 cars; fowls, 20®32c: springs. 22®30c: Leghorns. 25/o 26c; roosters. 20c; turkeys 20® 25c; ducks. 24<ti28c: geese, 19c. Cheese—Twins, 23* 3 23%c: Young Americas, 24%(//25c. Potatoes-Market, steady; arrivals. 81: on track, 189; in transit. 502; Wisconsin racked round whites, 90c a $1; one car, $1.05; Idaho sacked russets. sl:so® 1.65, frozen bottom. $1.40ii.45. 0. R. REDDISH NAMED SWINE BREEDERS’ HEAD Directors of Indiana Livestock Association Elected at Annual Meeting. O. R. Reddish, Waveland. was elected president of the Indiana Swine Breeders Association at the fifty-third annual meeting at the Clayp°°l Monday night. Fred L. Obenchain. Bainbridge, was elected vice-president and Levi P. Moore, Rochester, secretary-treasurer. R. M. Jenkins, Orleans, was reelected director of the Indiana Livestock Breeders Association and O. C. Edwards, Crawfordsville, was elected director to fill the unexpired term of E. W. Moore, Thorntown. E. J. Barker, Thorntown, is the holdover director. Breeders of Duroc-Jerseys, Po-land-Chinas, Chester Whites and Beitshires held separate meetings today. LAWYER’S WILL NAMES RELIGIOUS GROUPS John J. Lecklider Leaves Sums to Various Organizations. Religious institutions will receive oenefits totaling more than $9,000, under the will of John T. Lecklider. which was filed in probate court late Monday. Mr. Lecklider. who died Jan. 2, was an attorney. The Fletcher Savings and Trust Company was named executor. The estate amounts to $85.000. The institutions benefiting and the amounts set aside are: First Presbyterian church, $1,000; Y. M. C. A., $300; Y. W. C. A., $300; the Wheeler City Mission, $100; National Homes Missions of the Christian church, New York, $4,000, and the Board of Foreign Missions of the Presbyterian church in the United States, $4,000. Prisoner Escapes From Train ' FNDSTORIA, 0., Jan. B.—Although ne was handcuffed and under guard. Jeas James Crawlord, 17-year-old Negro, leaped through a Big Four tjmin window here early today, jumped into an automobile and ecsaped.

New York Stocks

(By Thomson Sc McKinnon)'

—J*n 8— Prev. Railroad*— High. Low. 12:00. close. Atchison 197% 197 V, 197% 198* Balt & Ohio ....121 1201, 120'A 130% Canadian Pac ..235% 233% 231‘/a 235 Chesa * Ohio 12 Ches Corp ...... 31% 80% 81% 81 Vi Chi Sc N West. 87% 87y 87fa 86% Chi Ort West..,. 30 20 20 19’, C R I & P 131* 111 Vi 111 *4 132’4 Del Sc Hudson ..195 195 195 193 Del Sc Lacks 12914 Erie 68 * 87V* 8 98 Erie Ist pfd .... 62% 62% 62% 62* Ort Nor 110 110 110 110. 11l Central - 141% Lehigh valley .. 99* 9914 99% 100 Kan City South. 93 92 93 93% Lou & Nash 148 148 148 ... ME4T 51% 51% 51% 51% Me Psc pfd ....122% 122* 122% 121% N Y Central 18 N Y CScSt L , ... 135 NY NH Sc H .... 85* 84% 84* 85* Nor Pacific 109% 108* 109% 109* Pennsylvania .. 77% 76* 77% 77* Reading 108% 108% 108% 109* Southern Rv ....151 150% 150% 151 Southern Pac ..129% 128% 128% 129 St Paul 35% 34% 35% 34 St Paul pfd .... 59% 57% 58% 57% St L Sc S W 108% 108 108 107* St LSc S P 118 117 Va 118 118 Texas & Pac 171 Union Pacific ..217 214* 217 218 West Maryland. 42% 41% 42 42 Wabash 74% 74% 74% 76 Wabash pfd ..,.103 102* 102* 102 Rubbers— Alax 9% 9* 9% 9% Fisk 15V, 15V, 15% 15% Goodrich 97% 96* 97*/, 97 Goodvear 128* 127 128 128 Kelly-Spgfld .... 21% 21% 21% 21% Lee 21* 21* 21* 12* United States ... 42* 42*/, 43* 42% Equipments— Am Car & Fdy..lOO 100 100 103 Am B Shoe 46% 46% 46% 46% Am Steel Fd 6* 66 66 65% Amer Loco 110* 109% 110 310* General Elec ...233* 226 233 228 Gen Ry Signal .100’, 99 100% 99 Lima Loco 49 N Y Airbrake .. 43* 43V, 43* 42% Pressed Stl Car... 21 21* 21% 21* Pullman 87’, 88* 86V, 87% Westingh Air B. 48 47', 47V, 48 Westlngh Elec ..142 138% 142 142% Steels— Bethlehem 84* 83% 84% 83V, Colorado Fuel .. 68% 65* 68% 88 Crucible 88* 87* 88* 85’/, Otis 38% 37V, 38* 37* Inland Steel ... 80 79* 80 80 Rep Iron & Stl. 82* 81% 81* 81 U S Steel 160% 158’, 159% 159% Alloy 47V, 48% 47 47 Warren Fdy .... 30V, 30% 30V, 31 Vanadium C0rp.109% 107 108 99* Motors— Am Bosch Mag.. 43* 42% 43* 42* Chandler 21V, 21% 21% 21% Chrysler Corp ..125* 122* 124% 124% Eaton Axle 61* Graham Paige .51% 50% 51* 51 % Gen Mot new... 79* 781, 79* 79% General Motors. 197* 196 137% 197’/, Hudson 86V, 85% 85* 86% Hupp 78* 77', 78* 77* Jordan 13* 13'/, 13V, 14 Mack Motors ...105", 104 V, 105* 105 V, Marmon 69* 89% 69'., 70* Reo 30 29% 29% 30 Motor Wheel . . . 44* 43V, 44 42* Nash 104* 103% 104* 104 Packard 144% 142 144 144 Peerless 20% 20 20 19% Pierce Arrow ..37 34% 36% 34 Studebaker Cor. 85 82% 82* 83 Stew Warner ...129 127', 127% 127% Timken Bear .148% 146% 146% 146'/, Willys-Overland . ’3 32* 33 32* Yellow Coach .. 39 38* 39 39 White Motor ... 41* 41V, 41* 39 Mining— Am Smlt & Rfg 287* Anaconda Cop .119% 117 118* 119* Andes 50* 49* 50% 50% Cerro de Pasco. 106 104’/, 106 106 Chile Copper ... 72% 71% 71% 72% Greene Can Cop. 174% 170 172", 175 Inspiration Cop. 44* 43% 44 44 Int Nickel 54'% 52'% 54% 55'/, Kennecott Cop. 159’, 154* 155 156* Magma Cop .... 68% 68% 68% 67% Nev Cons 41% 41* 41* 42% Texas Gulf Sul. 77 76% 76% 77 U S Smelt 62* 61* 62% 63 Oils— Atlantic Rfg .. 63* 63V, 63", 63'% Barnsdal! A .... 44 42* 43% 44V, Freeport-Texas . 51 51 51 51* Houston Oil ... 76* Tndp Oil & Gas 33 32 32 18% Marlanri Oil . 44 43% 43% 44'/, Mid Cent Petrol 38 37% 37% 48* ' ago Oil & Tr. 31% Pan-Am Pet 8..48* 47% 47", 48* Phillips Petrol.. 44* 43* 43* 44* Prairie Oil & G 61 60'/, 60V, 60* Union of Cal 51 50% 50", 50% Pure Oil 26* 26% 26V, 26% Royal Dutch 54* 55 Shell 28* 28* 28% 28V, Simms Petrol... 22'.K 22% 22V, 22* Sinclair Oil 41% 40% 40* 41% Skellv Oil (35% 35'/, Std Oil Cal 71V, 70% 70% 71 Std Oil N J ... 53* 52% 53 53% Std Oil NY ... 43 42V, 43 43V, Texas Corp .... 65% 65 65 65% Transcontl . ~ 11* 11% 11% 11% White Eagle . 35* 25 35% 34% Industrials— Adv Rumely .... 50 Allis Chalmers..' .... 183 185 Allied Chemical 244', 243 % 244% 242 V, Armour A 16% 16% Amer Can .... 118* 114% 116* 116 Alaska J 9% 8* 9* 8% Am Safety Raz 70% Am Ice 40% 41 Am Wool 26V, 26 26 26% Curtiss 152* 146 152% 147 Coca Cola 168% Conti Can 63* 62V, 63* 63% Certain-teed 27% Congoleum 30% 29% 29% 30% Davison Chem .. 63% 62% 62% 62% Dnoont 459 493 493 495 Famous Players 58% 57% 57% 58% Fox A 95 93* 94 94* Gold Pust 74% 73V, 73% 73* (Hidden 38% 38% 38% • 35% Int Paoer ... 57 Int Harvester... 97% 96* 96% 95V, ’ amhert 130* J3o* 130% 131 ’.news 65* 64* 64% 85% Mav Stores , . 87% 98 Montgom Ward.l47% 139* im, 141 Natl C R 96* 97 97 97* Pittsburgh Coal. 79% 78 79", 79 Owens Bottle 81 Radio-Keith ... 43 42 42% 42* Real Silk 59% 58% 58% 60 Rem Rand 31", 30% 30% 31V, Sears Roebuck..l74 172% 173', 173% TTtiion Carbide ..199% 198 198 198 Victor 150 148% 149 150 Untv Pipe 20 19 V, 20 20 IT S Cs Ir Pipe - 44% IJ S Indus A1c0.131 130 130% 131 Wright Aero . ...2B* 264 268 967* Warner Bros . .120% 118 120* 120% Utilities Am Tel & Te1...195 194'/, 194% 194% Vto Wa* wks .. 67% 67% 67* 68 Brklvn-Msnh T. 74* 73% 74% 74* Col G & E 137 V, 137 137 130* Consol Gas 108* 104% 104% 104* Elec Pow & Lt. 44% 44% 44% 44% Tnterboro ...... 52 50% 61 51* 'Tor Am Cos 91% 90* 91% 91 Natl Power .... 44* 42V, 43 43% S Cal Edison ... 55% 55 55 55 Std Oas Sr. El 82* 82 82 83* utilities Power. 40 s , 4040 40* West Union Tel 186', 186 186% 186 Shinnina— • Am Inti Corn .134* 141 V, 143% 141% Am Shin At Com . . . . 3* 3% Atl Gulf At W I 37% 38% 38% 39 Inti Mer M pfd 37* 37V, United Fruit ...141* 140* 140% 141 Food,— Am Sug Rfg ... 83 s , 83V, 83% 84 Kroeer 116 V, 115* 116% 116% Austin Nichols 8% Beechnut Pkg 94 94 California Pkg .- 78% 76% Corn Products.. 89 88V, 88% 88% Cudahy 61 Cuban Am Sug.. 18V, 16* 16* Fletschmann Cos. 80* 79% 79% 79% Jewel Tea 149* Kraft Cheese 36% 36 36% 36% Natl Biscuit ...198% 193 193 195% Natl Dairy 128* 127* 128 128* Postum Cos 76 74% 75 s , 75* Ward Baking B. 17% 17% 17*, 17% Tobaccos — Am Sumatra .. 54 5-4 Am Toh B 175* 174% 175% 176 Con Cigars 94* General Cigar... 63% 63* 63% 63% Ug & Meyers ... 90 89% Loriliard 25% 25* 25% 25* R J Reynolds 157% Tob Products B 37Va 98 United Cigar St . 23% Schulte Ret Strs 39% 39 s , 39Vi 38%

In the Stock Market

I Bv Thomson & McKinnon 1 NEW YORK, Jan. B.—Prosperity as a market factor is temporarily being relegated to the background and monetary conditions are being given more serious attention. Uppermost has been the knowledge that high call rates are likely to prevail far into the spring and the possibility of an advance in rediscount rates. The financial problem is touched upon by one of our leading bankers in his annual report from a hitherto unstressed angle. His views may have some market effect. A further corrective reason in prices is not at all unlikely.

Local Wagon Wheat

City grain elevators are paying $1,20 for No. 2 red wheat and $1.85 for No. 2 hard. NEW YORK COFrEE RANGE —Jan. 7 Close January ... 15.05 March 15.22 Mav 14.41 July 13.80 September 13.38 December 13.05

PORKERS TAKE 15-CENT DROP AT LOCAL YARDS Cattle Market Steady and Slow; Vealers Slightly Higher. Dec. Bulk Top. Receipts. 30. 89.10 $9.15 10.000 Jan. 2 . 9.10 9.20 16.000 3/ 9.25 9.25 9,000 4. 9.00 9.00 11,000 5 9 25 9.35 5.500 7. 9.50 9.50 6,500 Hogs opened the market today at the Union Stockyards generally 15 cents lower. The bulk of 150-300 pounds sold at $9.30. Receipts today were 13,000; holdovers were estimated at 613. Cattle were steady with not much done on beef steers. Vealers were selling 50 cents higher, with good and the choice vealers selling at SIBS 19. The sheep and lamb market opened steady with lambs 50 cents to $1 higher; better grade lambs brought $16@17. Culls and throwouts cold for slo@ 14.50. The Chicago hog market opened steady to weak with Monday’s average, with several bids and few sales on choice 180-230 pound averages brought $9.10'3 ! 9.15. Receipts were numbered at 48,000, including 5,000 directs; holdovers were estimated at 6,000, Hog prices today were as follows: 250-350 pounds, [email protected]; 200-250 pounds, $9.35; 160-200 pounds, $9.35; 130-160 pounds, $9'®9.35; 90-130 pounds, $7.50 @8.85, and packing sows [email protected]. Cattle receipts were 1,400, calf receipts were 600; she stock $9.50; low cutter and cutter cows $5.25® 6.75; beef cows $7®9.50; vealers $17.50@19; heavy calves $6.50@ 11.50; bulk stock and feeder steers sß® 10.50. Sheep receipts were 1.100: Top fat lambs sl7; bulk fat lambs $15.50® 17; bulk cull lambs slo@ 12.50, and bulk fat ewes [email protected]. —Hogs— Receipts. 6,50 b; market, higher. 250-350 lbs $ 8.75® 9.50 200-250 lbs 9.50 160-200 lbs. 9.50 130-160 lbs 9.10'u 9.50 00-130 lbs 7.50® 9.00 Packing sows 7.50@ 8.25 -CattleReceipts, 700; market, steady to lower. ' Beef steers $10.504?i13.00 Beef eows 7.00® 9.56 Low cutters and cutter cows.. 5.25® 6,76 Buik stock and feeder steers.. B.oo® 10.50 —Calves— Receipts, 200; market, steady. Best veals 817 00® 18.50 Heavy calves 8.50® 11.60 —Sheep— Receipts. 1,000; market, steady. Top fat lambs $16.00 • Bulk fat lambs 14.50©16.00 Bulk cull lambs 9.50(fr.i1.00 Bulk fat ewes 5,50(® 8.00 Other Livestock By United Brents CHICAGO, Jan. 8— Hogs—Receipts, 48,000; market, fairly active to all Interests; slow to 10c lower; top, $9.20; largely $96/9.15, market on 160-290-lb. weights; butcher, medium to choice, 250-1350 lbs., $8.75® 9.15; 200-250 lbs.. $8.86® 9.20; 160200 lbs.. $8.85® 9.20; 130-160 lbs.. $8.40® 9.15; packing sows, $7.75®8.40; pigs, medium to choice, 90-130 lbs., $7.76®i). Cattle—Receipts, 12,000; calves, receipts, 2,000; steers and yearlings, steady to 25c lower; most steady eatly; fat cows, draggy; other classes steady; early top, sl6; heavy top. $15.75; slaughter classes, steers, good and choice, 1300-1500 lbs., $13.25(416.50; 1100-1300 lbs., $13.254716.50; 950-1100 lbs.. $13,504/ 16,75; common and medium, 850 lbs.. $9®13.50; common and medium, $8.25 (fi 11.75; cows, good and choice, $8.250■ 10.75; common and medium, $6.50®8.25: low cutter and cutter, $5.50(176.50; bulls, good and choice, beef. $9,504/11.75; cutter to medium. $7.75® 9.90; vealers, milk-fed, good and choice, sl4® 16.50; medium. $12.50 (4;14; cull and common, SB4/12.50; Stocker and feeder steers, good and choice, all weights. $10.76@12; common and medium, $8,754/10.75. Bheep—Receipts. 18,000; market, steady to shade higher; bulk fat lambs, $16.40//17; early top. $17.15; aged sheep, strong to higher; little done on feeding lambs; lambs, good and choice. 92 lbs. down, sl6® 17.25; medium. $14.25® 16: cull and common. $10,254/ 14.25; medium and common, 92-100 lb. ewes, medium to choice, 150 lbs. down, $7.25®10; cull and common. $3.50®7.75; feeder lar.ibs, good and choice, sl3 [email protected]. By Times Special LOUISVILLE, Jan. B.—Hogs—Receipts, 900; market, 15c lower; heavy and medium hogs, 180 lbs. up, $8.75®9.25; pigs and lights, 180 lbs. down. 57.20ig5.85; stags and throwouts, $7.05@7 65. Cattle—Receipts, 100; market, steady; prime heavy steers, $12@13; heavy shipping steers. $lO <ff;l2; medium and plain steers, $8.50@10: fat heifers, $7.50® 11.50; good to choice cows, SB®9 50: medium to good cows. $6(4 8; cutters $5 50®6: canners. $5®5.25; bulls, $6.50 4 9.50; feeders. $8(811.50: Stockers, $6.50® 11. Calves—Receipts. 200; market, steady; good to choice, $13.50(415.50; medium to good, $ll(g,13; outs, s6®ll. Sheep—Receipts. 50; market, steady: lambs, *13.504/ 13; seconds. SB4/10: sheep, s4® 6 Monday’s shipments—Cattle, 796; calves, 344; hogs, 445; sheep, none. Bn United Press EAST BUFFALO. Jan. B—Hogs—Receipts. 1.900: market, steady; 250-350 lbs.. $9.40419 75: 200-250 lbs, $9.50®10: 160-200 lbs, $9,504/ 10: 130-160 lbs, 59.25g9.85; 90130 lbs., 59&9.50; swos, $8j8.50. CattleReceipts, 60: calves, 250: market, steady; market, 254; 50c up; beef steers. $11.75® 14.50: light yearling steers and heifers, $12.50® 15; beef cows, $8.25® 10; low cutter and cutter cows, $4.75<&7: vealers. $lB4/ 18 75. Sheep—Recepits, 1.800: market, 25® 50c up; bulk fat lambs, $16.50® 1k6.75; bulk cull lambs, sll# 13.50; bulk fat ewes, $7.50 g 8.50. C. OF C. TO STUDYOIL FREIGHT RATES Coommittee of State Board to Urge Changes to Favor Indiana. Report of examiners of the interstate commerce commission on railroad rates on petroleum will be studied by the freight and traffic committee of the Indiana State Chamber of Commerce here Friday. R. B. Coapstick, attorney and traffic manager of the chamber announced that it is planned to file a bill of exception putting Indianapolis and Indiana rates on a parity with Chicago and Illinois. This must be done before Feb. 12. The report recommends a reduc- ! tion in Indiana rates from the i southwestern oil fields of one-half : cent on every 100 pounds. Coapstick points out that even unaer this ruling Indianapolis is discriminated against, since the rate here is 41 cents and but slightly more than 38 cents to Chicago, although this city is closer to the sources of production. New York Actor Dies Bsi United Press PITTSBURGH, Jan. B.—Wallace Eddinger, 43, a member of the Players Club of New York, who appeared at a local theater last week in “The Beaux Stratagem,'’ died in Presbyterian hospital today of lobar pneumonia. Eddinger was taken ill in his hotel room last Saturday.

THE INDIANAPOLIS TIMES

Commission Row

PRICES TO RETAILERS FRUITS Apple:—Box Jonathan. $2.263150; basket Jot-/than. $1 504i2.:(5; box Delicioua. $2.50%2.75* box Grimes, $2 25/02.75; basket Grimes. $1.50®2.25; basket Winter Bahamas. $1 75®2. Cranberries—ss a 25-lb. box; 610 a 50lb. bix. Grapes—Emperors, lugs, $2.75; kegs, $6; Almeila. keg. SB. Grapefruit—s3.so® 3.75. Lemons—California, a crate, $7.25®7.50. Limes—Jamaica. 100 by count. $2.25® 2.50 Oranges—California Valencia, a crate $53 5.50; Florlad, $3.7504.25. Persimmons—Japanese. $1.75®2; 40 to 70 count. Pears—Bose, box. $4 50; Anjau. $4.75. Strawberries—Florida. 90c a quart. VEGETABLES Artichokes—sl.7s a dozen. Beans—Southern stringless. $5.50 a bushel. Cauliflower—California, $2.25. Eggplant—Dozen, $2. Kale—Virginia, $2.253-2.50 bushel. Mustard—Fancy home-grown, a bushel, sl. Parsley—Home-grown, dozen bunches. 50c, Peas—California. $7 45-lb. box. Peppers—Florida, per crate, ,sl4; peck Radishes Button hothouse. dozen bunches, 90c. Spinach--Texas, a bushel. $1(31.35. Tomatoes—California, repacked, a 6-bas-ket crate. ss®6; hothouse, 10-lb. basket, $3.50. Cabbage—Wisconsin, a !b„ 3'%®4c. Kale—Virginia kale, $2.50 a crate. Celery—California rough, a large crate. $8.50 <S7. Lettuce—California head, a crate $5.50 home-grown leaf, a bushel. $2.15tfi2.25. Onions —Yellow, a 100-lb. bag. $5®5.5u; Spanish, a crate. $2.25&2.40; Western. $5.50 a 100-lb. bag. Potatoes—Michigan round white. 150 lbs. $2; Ohio, $1.50(81.75; Idaho. $2.50 a bag. Cocoanuts—s6.so a bag of 100. Sweet Potatoes—lndiana Jersey, $3 a bushel; No. 2, $1.75 a bushel. SPEAKER RACE FIELDBUNCHED None of Seven Candidates Holds Advantage. Back-slapping, hand-shaking legislators milled about hotel lobbies today, speculating on the election of Speaker of the house and president pro tem. of the senate to be held in party caucuses Wednesday night. Republicans of both houses were still in the dark as to the outcome. Seven contestants in the speakership race and two in the senate had their ears tuned for a whisper of encouragement from GovernorElect Harry G. Leslie who was expected to arrive in the course of the day. There was little expectation however that Leslie would break his silence unless a deadlock in the house fight developed. Supporters of Senator James J. Nejdl, of Whiting, and Denver C. Harlan, of Richmond, rivals for the senate leadership, were claiming victory while continuing to buttonhole every senator they met. There was no indication that any of the seven speakership candidates had anything near the majority needed for election. Republicans will meet Wednesday, 7:30 p. m., in the house of representatives, while Democrats assemble at the Claypool. A1 G. Snyder, who has had long experience in the legislature as an employe of the state printing board, was advancing his candidacy for principal clerk of the house, opposed by Douglas Whitlock of Terre Haute. Leland K. FishbAck, head of the Republican speaker’s-'bureau In the recent campaign, seemed, certain of election as secretary of the senate. PETS ON EXHIBITION Chickens, Cats and Rabbits to Be Displayed. All sorts of chickens, cats, pigeons, rabbits, turkeys and even pheasants and pea fowls will be on exhibition at the poultry and pet stock show Friday, Saturday and Sunday in Tomlinson hail. Theo Hewes Is secretary and manager of the show, which will be open from 9 a. m. to 10 p. m. Friday and Saturday and from 8:30 a. m. to 7 p. m. Sunday. Largest entry in the poultry department will be Rhode Island Reds, according to Hewes. White New Zealands lead In the rabbit department. More turkeys have been entered than shown in any other Indianapolis show for twelve years, Hewes said. Rabbits weighing sixteen pounds will be on exhibit. Asa special attraction, a pair of pea fowl in full plumage and a small entry of pheasants will be shown. Judging will begin at 9 a. m. Friday and awards will be made that days, Hewes announced. TRAFFIC CLUB TO NAME OFFICERS AT DINNER Two Tickets Nominated; Banquet Set for Jan. 21. The Indianapolis Traffic Club will elect officers Jan. 24 after a dinner at the Severin at 6:30. Two tickets of candidates have been nominated. W. F. Benning is the candidate for president on both tickets. H. A. Koch is named on both tickets for second vice-president, and R. C. Johnston is the choice of both for secretary-treasurer. Other candidates on the members’ tickets are: First vice-president, J. H. Anderson; third vice-president, W. M Holland: directors, E. P. Clark, W. P. Basch, H. B. McNeely and C A. Wasrner. Other candidates on the regular ticket: First vice-president, W. P. Basch; third vice-president, E. C. Lipp: directors, Harold Prange, M. G, Chenoweth, G. H. Evans, H. T. Grimes. CHANGE SCHOOL NAMES Trustees Expect Approval of Legislature. Changing the name of the Indiana State Normal school, Terre Haute, to the Indiana State College for Teachers and the Indiana State Normal, (eastern division) Muncie. to Ball Teachers college is expected to be approved by legislature trustees of the institutions attending a meeting at the Columbia Club Monday believed. Plans were announced for construction of anew teacher training building at Terre Haute.

GRAIN FUTURES GAIN FIRMNESS IN PIHPENING Prices Carried Higher by Outside Markets; Oats Stationary. Bu United Press CHICAGO. Jan. B.—Higher outside markets carried wheat prices to good gains here today. Corn showed firmness. Oats were stationary. At the opening wheat was % to % cent higher, corn was unchanged to % cents up and oats were unchanged. Provisions were unchanged. The Canadian pool was disinclined to sell for export Monday and evidently believes the price is already too low. There are indications here of a material change of sentiment to the long side. Liverpool was higher than expected today. The clear weather will probably bring an increase in corn receipts. Rumors of larger export demand carried in foreign cables this week has been verified in better offers at the seaboard. There was some reselling, however. The narrow range in oats is indicative of the lack of interest in the grain. The market has been largely cash. Chicago Grain Table —Jan. 8— WHEAT— Prev. High. Low. Close, close. March 1.14% 1.14* 1.14* 1.13% May 1.17% 1.16*4 1.1644 1.16% July U 6% 1.18 1.18 1.17% CORN— March 88* .88 .88 .88% May 91* .90% .90* .91 July 92* .92* .92% .92% OATS— March .47% May 48* .48% .48* .48% July 46%, RYE— March 1.02% 1.02 1.02% 1.02* May 1.05% 1.04* 1.04* 1.05 July 1.02% 1.02 1.02 1.02% LARD— January .... 11.62 11.57 11.57 11.00 March 11.77 11.80 May 12.07 12.02 12.02 12.05 RIBS— January 11.80 May > 12.45 By Times special CHICAGO, Jan. B.—Carlots: Wheal, 34; corn, 546; oats, 03; rye, 8.

In the Cotton Market

(By Thomson Sc McKinnon) NEW YORK. Jan. B.—Cotton declined just enough Monday to leave the bears in a comfortable frame of mind. We watched the rally in the last half hour closely, especially the close and it had a “sold out ,f look. A further decline today is not on the cards unless lt is in sympathy with some other market, In otnerwords we start the day expecting some price improvement. Marriage Licenses Leonard Du Pont, 23. of 3006 West Washington. bus driver and Hazel La Mar, 29 of 2030 North LaSalle. Layton Smith. 26, Columbus, 0., shoe rebuilder and Dorothy Hatflela, 18, of 389 North Capitol. Tom Johnson. 33. of 1042 North Traub, foundry worker and Florida Bell, 33 of 952 North Traub, housekeeper. Martin Barber. 24. of 1803 North New Jersey, tailor and Phyllis Blessing. 24. of 2016 Central, stenographer. Louis Wagner, 30, Pittsville, Wis., cheese maker and Mildred Bowman, 19, of 1732 South Randolph assistant cashier. Guy Kitcken. 34, Danville, 111., advertising selesman and Undene Hendrix, 25, of 4619 Broadway, stenographer. Arlo Kilpatrick. 22, of 1214 Oliver, salesman and Mary Ewing. 20. of 1329 Oliver. Deaths Mike Mateeh, 41, 737 Haugh, broncho pneumonia. John M. Reilly, 67, 1101 Ketcham, cerebral hemorrhage. • Humphrey James Forsha, 19 days, city hospital, broncho pneumonia. Earl Patsy De Ree, 2 months, 822 E. Maryland, broncho pneumonia, William Schumaker, 18, city hospital, diabetes mellitus. Robert L. Medley, 47, 88 North Fourth, acute endocarditis. Jerusha Ann Knubbe. 94, 1010 North Delaware, myocarditis. L. Wilford Rich. 67. St. Vincent’s hosp.'tal, broncho pneumonia. Juanita Dillinder, 25 days. 949 Sanders, spinal bifida. Jennie Wicks, 50, 1541 Finley, carcinoma. William A. Reddie, 64. 814 East Drive, Woodruff Place, acute myocarditis. Mary Broden. 81. St. Vincent's hospital, chron'c myocarditis. Johanna Lynch. 75. 17 North Arsenal, acute cardiac dilatation. Malm Toomey, 63, 727 Prospect, chronic myocarditis. Amelia Bosdorfer. 91. 1846 Churehman, arteriosclerosis. Ella F. Bruce, 79, 1244 North Illinois, broncho pneumonia. Kathryn Murphy, 56, city hospital, broncho pneumonia. Mary Dailey, 63. 125 Douglas, influenza. Carol Romain Straughn, 2 months, 84 N. Ritter, Influenza. Infant Hikene, 1 day, St. Vincent’s hospital, atelectasis. Conrad Brackman, 61, 1730 Union, arteriosclerosis. Frank Dugan, 71, Central Indiana hospital, acute dilatation of heart. Charles D. Davis, 63, Fletcher sanitarium. myocarditis. George Wootten, 54, 949 Sanders, diabetes gangrene. Eliza Kent, 84, 2837 Chester, broncho pneumonia. Adam Fussner, 59, 1444 S. Talbott, paralysis. James Wesley Branham, 7 months, 840 Camp, broncho pneumonia. Julia Holt. 99, 919 Pansv. enrcinoma. Eugene Paris. 1 day, 2253 Hillside, intra cranial hemorrhage. Emily C. Quick, 86, 1715 N. Tibbs, chronic myocarditis. Florence S. Campbell, 26, 2924 Meredith, influenza. William G. Williams, 74. St. Vincent hospital, chronic myocarditis. Sarah Elizabeth Robinson. 37, 711 Eugene, pulmonary tuberculosis. Births Girls Tom and Francis Tshofski, 913 North Holmes. Jessie and Geergetta Evans, 611 East Tenth. Aluin and Allie Camden, 1927 South State. Melvin and Orpha Biess, 313 North Pine. Osborne and Alberta Morris, 2739 Northwestern. Ray and Jane Plaster, Coleman hospital. Charles and Hilda Stroud, Coleman hospital. Wendell and Allta Wright, Coleman hospital. Jesse and Madoline Dell, Christian hospital. Alvin and Mary Zeunik, Christian hospital. Ralph and Evelyn Smith, 2450 West Tenth. John and Edith McCreary. 733 Lynn. Bruno and Irene RoeU, 1510 Bradbury. Boys Eugene and Ruth Holdeway, 1328 West Thirty-fifth. Sanford and Pearl Crosbey, 4402 Guilford. James and Margaret Bradford, Methodist hospital. Cecil and Rattle Smith. 2053 Sheldon. Donald and Mildred Chapman, Coleman hospital. Fred and Virginia Hadley. Coleman hospital. Colvin and Thelma Mitchell. Coleman hospital. William and Annotta Qulatkowski, Coleman hospital. Albert and Frovldencia Miller, 456 Ketcham. William and Ruth Seits, Christian hospital. Alexander and Alice Brickler, 2847 Indianapolis. Ernest and Goldie Wright, 1602 Rembrandt. Arthur and Alma Hanje, 1203 South 3herman drive. Building Permits Capital Ice Company, addition. 8 East Wilkins. SSOO. A Freyn. dwelling and garage 5850 Winthrop. $6,000. W. H. Lie, reroof. 418 Harvaiil place. $215. J. Jacquort, addition, 4619 East. Tenth. $650. M. Snabely, addition, 2031 North Dearborn, $ 00. N. E. Crouch, garage, 360 East Michigan *9OO. L- V. Hosteteler, excavation, 3652 Salem, SI,OOO.

Speakers Will Discuss French-German Relations

: <? . 1111 l >mium " iflHKnjfi

Wolf Von Dewall

European Writers to Be Heard Friday Night in Caleb Mills Hail. Questions on which France and Germany has differed will be discussed in a joint lecture by two European leaders at 8 p. m. Friday in Caleb Mills hall, under auspices of the Indiana Council on International Relations. Speakers will be M. Pierre de Lanux, French editor and writer, and Wolf Von Dewall. German author and one of the editors of the Frankfurter Zeitung. The speakers will give an intimate view of the new foreign diplomacy being developed by these two great nations and the statesmen organizations that are contributing to the peaceable settlement of these differences. While each will express his country’s attitude, they are in the main, in accord, both being advocates of settling disputes by conciliation and arbitration and the abolition of war.

RITES SET FOR NON Burial Thursday for Sister of Holy Rosary Church. Sister Mary Prudence, 38, of the order of St. Francis convent at Oldenburg, and sister superior of the Holy Rosary Catholic church here, who died Monday at St. Vincent’s hospital, will be buried at the convent cemetery at Oldenburg Thursday. Funeral services will be held at 9 a. m. Wednesday at the Holy Rosary church. Sister Prudence had been a member of the order eighteen years. She was born in Cincinnati, the daughter of Mr. and Mrs. Philip Keller. Three of her sisters are members of the order of St. Francis. They are Sister Cephas of Our Holy Angels high school at St. Bernard, O.; Sister Catherine Siena of Covington, Ky., and Sister Doloretta of St. John’s school, Middletown, O. Other survivors in addition to the parents and three sisters are three other sisters: Mrs. J. A. Billings of Pennsylvania and Mrs. Alfred Grosser and Miss Catherine Keller, both of Cincinnati, and six orothers, Albert Keller of St. Louis, Mo., and Anthony, Charles, Louis, Frank and Leo Kellex. all of Cincinnati. FIGHT TO. SAVE LOVERS Two Plans to Be Followed in Effort to Cheat Gallows. Bn United Press franklin, La., Jan. B.—A move for anew trial and preparation of an insanity plea offered new hope today to Mrs. Ada Bonner Le Boeuf and Dr. Thomas E. Dreher, condemned murderers of Mrs. Le Boeuf’s husband, who Saturday were given a week's reprieve from the gallows. Mrs. Le Boeuf, ill in her cell here, was reported considerably improved after learning of defense plans to save her 'and her lover from the gallows on which they are escheduled to die Saturday. Defense counsel will seek anew trial on the grounds that Mrs. Le Boeuf and Dreher were convicted by a jury, intimidated by threats of violence from a mob which surrounded the court during the trial. A second move invloves an attempt planned by defense counsel to prove Mrs. La Boeuf and her physician-lover insane. Kokomo Man Dies in Fire KOKOMO, Ind., Jan. B.—Roy Berry, 26, was burned to death here today when fire destroyed his father's home. He was asleep in a second floor room.

INDIANAPOLIS BOY SUCCESSFUL

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famous prescription VerWilKo, which we did with most astonishing results. This miracle medicine has driven all signs of Rheumatism from Robert’s system and he seems in better health now than at any time in his life. VerWilko surely has been a God-send to us and we are more than glad to recommend it to all who suffer from Rheumatism.” VerWilKo has restored thousands of people throughout the middle west to permanent good health —it may be just the medicine you need. See the VerWilKo Specialist at once. He is daily explaining the merit of VerWilKo to great crowds who aje clamoring for a bottle wherever it is being sold. The VerWiJjKo Specialist is at Goldsmith’s East Washington and Alabama Street Store. VerWilKo is also sold by all Goldsmith's Drug Stores and ail leading drug stores in this vicinity.—Advertisement.

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M. Pierre du Lannx

The City in Brief

Preferred stock increase of sl,500,000 was recorded with the secretary of state Monday by L. S. Ayres & Cos. This brings the total capitalization to $4,500,000. The increase was the final financial step in caring for the new eleven-story addition, officials said. “Evangelism” was discussed at a Bil?le workers’ conference Monday night at the First Baptist church following a dinner served by the Service Club of the church. Speakers were George T. Furves. Miss Margaret Duden and C. G. Jacquart. The Ford coupe of Robert Cardaris, 43, R. R. 0., Box 286 B, was demolished early today when a Pennsylvania railroad engine struck it at Kentucky avenue and the Belt railroad. Cardaris was not even scratched. Cardaris said the warning lights at the crossing were not working, but police said they were. More than 700 Bibles will be purchased by the Gideons as result of the recent campaign for funds. The organization has placed 444 Bibles of the 700 already. One hundred were placed in the Y. M. C. A. and the Williams hotel Sunday. Others will be placed sopn in the Hunting-, ton hotel of Huntington, Young hotel, North Manchester, and the Indiana state reformatory, Pendleton. Frederick E. Schortemeier, former secretary of state, will address members of the Sheet Metal and Warm Air Heating Contractors’ Association at their dinner at the Chamber of Commerce Jan. 11. Plans will be made for the state convention Jan. 22, 23 and 24. EXCITING FOREJUDGE Sheriff, Armed Guards, Fire Company in Day’s Events. B.y United Press PHILADELPHIA, Jan. 8. A sheriff, three armed deputy sheriff guards, and a fire company helped make eventful the first day In office of Judge Leopold C. Glass as president-judge of Philadelphia’s municipal courts. The judge contended he was duly elected to the post, but six judges of ten that held Judge Charles I. Brown should have the post. Judge Glass retired to his offices, locked the door and summoned a sheriff who placed a three-man guard at the judge’s door. After a time Glass ventured to go home. Photographers’ flashlights exploded. Someone summoned a fire company. Firemen with axes appeared, but did not remain long. NAME HUMANE HEAD Harley W. Rhodehamel Re-elected President for 1929. Harley W. Rhodehamel, president of the Indianapolis Humane Society, will continue in office another year as result of election held by the society Monday night. Other officers named are: William N. Hastey, first vice-president; E. W. Hughes, second vice-president; William P. Hargon, secretary, and H. N. Tebay, ’treasurer. Rubber Association Elects By United Press NEW YORK, Jan. B.—F. A. Seiberling of the Seiberlin* Rubber Company, Akron, 0., has been elected president of the Rubber Association of America for 1929.

Mrs. Catherine McNeely, mother of Robert O. McNeely, 230 Northeastern avenue, Indianapolis, Indiana, tells of the successful fight her son -ias waged against the terrible disease. Rheumatism. “Robert has suffered from Rheumatism for the past six years and was so bad I had to carry him to and from his meals. The doctors advised us to have his tonsils removed but this gave him no relief; then we tried a highly advertised patent medicine with no results. A friend advised us to try Dr. Vermilya’s

PAGE 11

HOOVER'S TOUR OF VAST VALUE I IN FRIENDSHIP 1 Suspicion and Fear Held Against U. S. Begin to Fade. BY WILLIAM PHILIP SIMMS Foreixn Editor, Scripps-Howtrd Newtpapers WASHINGTON. Jan. 8. With his return to the national capital, Herbert Hoover’s tour of Central and South America becomes history. The President-elect traveled exactly 18,221 miles from Washington back to Washington. He twice crossed the equator. He visited ten countries and received the representatives of an eleventh country aboard the battleship Maryland. No American of his station ever before made such a significant gasture toward our Latin neighbors, nor one quite so fraught with possibilities for good. That both the gesture and the I journey made a tremendous impression upon the Pan-American mind and heart there can be no question. Personalities mean a great deal in most foreign countries. This is particularly true south of the Rio Grande. Asa result of personal contacts with the men who hold the destiny of most of Central and South America in their hands, the next tenant of the White House has become more than a mere name down there. Bugaboo Is Laid To those leaders Uncle Sam no longer a sort of fearful, menacing bugaboo. Instead, he has become a kindly figure of distinctly friendly mien, rather closely resembling, perhaps, the man they met and talked* with, and liked, the next President of the United States. All this can not fail to mean much to Pan-American relations in the years to come. When difficulties arise, as inevitably they will, settlement should be the easier because the responsible officials in the countries concerned will not be dealing with strangers, but with people they know and, to a large extent, understand. While Hoover’s good will expedition is now a thing of the past, the results of it likely will be only the more apparent as time goes on. So far as the President-elect is concerned, his visits were intended as a beginning, not an end. He went to see and hear and learn and he did all three as only a man of his keen perception and world-wide range of experience could do. School on Battleship Since the Utah set sail from’ Rio de Janeiro a little more than two weeks ago, the floating fortress has resembled a school room more than a battleship. Daily much time was spent in reviewing information gathered during recent weeks of rapid travel, that no detail should be lost in the rush, but rather that everything learned should be weighed and assimilated thoroughly. Hoover would scarcely have been Hoover had he not seen to that. I have the distinct impression that Hoover already has in mind a very definite program for the future development, in every way, of the twenty-one republics of the western world, a plan in which each will do its bit to boost the well-being and standards of living of all, Itself included. I also believe that he will not take it out in planning, but that, right along with the important domestic problems which will claim his attention after March 4, he will get his plan going. Old Fears Fade All that I shall add here is that I am convinced that the Hoover gesture starts us along a brand new road leading to a more complete harmony than has existed between the republics of the western world in years. Old fears and old suspicions have begun to fade. But only begun—that is the big thing to remember. No one man and no one voyage such as this could possibly allay such ancient fears and suspicions forever. The best that any one could do was to start the ball rolling. That Hoover has done, and done well, as only those who accompanied him on his, tour fully can realize.

FIXED TRUST SHARIS

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