Indianapolis Times, Volume 40, Number 207, Indianapolis, Marion County, 17 January 1929 — Page 12
PAGE 12
STEEL STOCK CONTINUES GAIN IN EARLYIDEALS General Electric Climbs and Other Issues Follow. Average Stock Prices Average of twenty industrials Wednesday was 302.56. up 5.00. Average of twenty raft* was 152.45. up .40. Average of forty bonds was 96.04. off .10. BY ELMER C. WALZER United Pres* Financial Editor NEW YORK, Jan. 16.—United States Steel common steck continued to lead the stock market in early dealings today. The issue opened 2,600 shares at 17214 ana then rose to 172%, equaling its high made last year, and comparing with the previous close at 171%. General Electric jumped nearly four points to 240 and other leaders were in demand. Packard and Chrysler lost fractionally, but the majority of other motors were Arm and the list generally presented a strong tone. Rails ruled firm wit’:. New York Central and B. & O in demand. The carrier division was aided by today’s report on. car loadings for the week ended Jan. 5, placing loadings at 798,723 cars, a gain of 44,476 over 1928. but a decline of 135.167 from 1927. Electric Auto Lite opened on a block of 7,000 shares at 150, up 3% points, and anew high record. Union Carbide rose 1% to 205%, and fractionally higher prices were paid for Sears Roebuck, Anaconda Copper, National Cash Rregister, Sinclair and Allied Chemical. Loew’s continued in demand in the amusement group, rising a point to 74 on a block of 5,000 shares. Banks and Exchange City bank clearings figures, as given in The Tlmts daily, are checked carefully and always are correct, barring possibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings for Thursday, Jan. 17, $4,4*2,000; debits. $8,731,000. NEW YORK STATEMENT Jan. 17.—Bank clearings, $1,522,000,000; clearing house balance, $155,000,000; federal reserve bank credit, $138,000,000. TREASURY STATEMENT Hu United Press WASHINGTON. Jan. 17.—The treasury net balance for Jan. 15, $149,505,156.14; customs receipts this month to that date, $21,538,114.60. In the Stock Market (By Thomson & McKinnon) NEW YORK. Jan. 17.—Indicative of improving business is the comment from bankers that considerably more funds are being borrowed through the medium of commercial paper than for some time past. Important market wise is the reflection in stock values of the high rate of operation in the steel industry and the outlpok for extra distribution. The Boston bank rate remains unchanged and little movement in either direction is looked for in brokers loans. The one drawback in the brilliant outlook is the cost of credit for stock market purposes. It must not be ignored.
Local Wagon Wheat
City grain elevators are paying $1.26 lor No. 2 red wheat and sl.ll for No. 2 hard. FIGHTS JWN CASE Northcott Fails to Shake Nephew’s Story. RIVERSIDE. Cal.. Jan. 17.—Gordon Stewart Northcott, replacing his own defense attorneys, resumed today the cross-examination of his 16-year-old nephew', Sanford Clark, who accused him of murdering four small boys. Northcott, a former law student, discharged three defense lawyers and declared he would take charge of his own defense. His first appearance in the double role of defendant and attorney was made in the cross-examination of Clark. For nearly four hours the 22-year-old defendant has tried with desperate calm, but has failed to shake his nephew’s story of how Northcott abducted young boys, brought them to his chicken ranch near Wineville, mistreated and killed them. Star Sued for Pictures That Won Film Job Bu United Press LA SALLE, 111., Jan. 17.—Gertrude Olmstead, film s'ar, has neglected to reimburse the photographer who made the pictures which gained her first movie job, John E. See bold, La Salle photographer charged in a suit filed here. See bold seeks $5,000 which he claimed Miss Olmstead promised him eight years ago if his pictures won a Chicago beauty contest for her and brougnt her a" movie contract. He asserted that through his pictures, Miss Olmstead won the beauty contest, a job in the movies, a di-rector-husband. Robert Z. Leonard, but forgot to keep her promise. FINED FOR CONTEMPT Jeweler Escapes Farm Term; Sent Substitute to Court. A sentence of thirty days on the Indiana state farm and costs were suspended for Edward E. Petri, 5306 North Pennsylvania street, jeweler, by Special Judge Paul T. Rochford in municipal court Wednesday "hen he was fined SSO and ..u: and the farm term for contempt of court after sending a substitut.- to appear for him on a speeding charge. A fine of $5 and costs w*. given Petri for speeding.
New York Stocks (By Thomson it McKinnon)
—Jan. 17— Prev. Railroad*— High. Low. 12:00. close. Atchison 200% 199', 199% 200 At! Coast L ■■■ 170% 171 Balt it Ohio ....121% 120% 121% 128 Canadian Pac .240% 238% 240% 2401* Chesa it Ohio .217% 215% 217% 215'/, Chesa Corp .... 83 82', 83 81% Chi & N West.. 88% 88 88 88 Chi Ort West.. 20% 20% 30% 20% C R I & P 133% 131% 132% 131% Del it Hudson ..197% 198% 197% 196 Del & Lacka 128% 127 Erie 69 68% 68% 68 V. Erie Ist pfd .... 62% 62 62 62 Grt Nor pfd 108% 108% 108'/* 108 111 Central 142 141% 142 ... Lehigh Valley .. 99 98% 99 98% Kan City South 95% 94% Lou it Nash ... .•■ 148 MKit T 52 51% 51V, 51% Mo Pac pfd 12C 124% 124% 124% N Y Central 193% 190% 192% 189% N Y C it St. L 134% 136 V, NY NH & N 85% 84% 85% 84V, Nor Pacific 108% 108% 108% 107% Norfolk & West 195 195% Oit W 28% 28% 28% 20% Pennsylvania ... 80% 79% 80% 79% Reading 108 108% Southern Rv ...154% 154 154 154% Southern Pac ..130% 130 130 V, 129% St Paul 35% 35% 35% 35% St Paul pfd 59% 58% 59>4 58% St L & C W 107 106', St L & 8 F 117% 1161, 117% 116 Texas & Pac ..170% 169% 170% 168 Union Pacific ..217% 217 V, 217% 218 West Maryland. 43% 43 43% 42% Wabash 74% 74 74 74 Rubbers— Ajax 10% 10% 10% 10% Fisk 18V, )8% 18% 17% Goodrich 101% 100% 101 101% Goodyear 133 131% 136 132 V, Kelly-Spgfld 23% 23 23 23'/, Lee 23% 23'/, 23% 23 V, United States .. 54% 52% 52% 53V, Equipments— Am Car & Fdy.lol% 101 101 100% Am Locomotive 110 110 110 11C Amer B Shoe.... 46 44 4 46% Am Steel Fdy.... 73% 72% 72% 73 General Elec .242 239'/. 239% 236 Gen Ry Signal 99% 98 Gen Tank .... 95% 95 95 95% N Y Airb 44% 44% 44% 44% Presesd Stl Car 24 22% Pullman ... 87 87% Westing!. Air B 48 47% 47% 47V, Westingh Elec .142% 141 Vs 141% 141% Steels— Bethlehem 86'/, 85% 85% 85% Colorado Fuel... 72% 72% Crucible 9i% 90% 90% 91 Otis 41V, 41 % 41V, 40% Inland Steel . 88% 86% 86% 85% Rep Iron & Stl 85 83 V, 84% 83% Sloss-Sheff .. 121 121V2 U S Steel 173% 171% 172 171% Alloy 48% 47% 47% 48% Warren Fdy ... 29 28V, 28% 28V, Vanadium Corp 109 107% 108 108% Motors— Am Bosch Mag. 45% 44 45% 43% Briggs 58V, 57% 57% 57% Chrysler Corp .121% 120% 121 121 V, F.aton Axle .... 67-% 66 66 66 Graham Paige... 50% 49% 49% 50 Gen Mot New.. 79 78% 78% 78% General Motors .197 196% 197 197% Hudson 86% 85% 85% 85 Hupp 79% 78% 79 79 Jordan 13% 14 Mack Motors ..106% 105% 105% 105 Marmon ... . •• 74% Reo ... 28% 28% Motor Wheel .. 44 4374 44 43V, Nash 104% 104 104 Vi 104 Vi Packard 141% 140% 141 % 140 Peerless 21 20 V, 20 V* 20% Pierce Arrow... 34% 3474 34% 34 Studebaker Cor. 88% 87% 87% 8774 Stew Warner ...143 138'/, 139 137% Murray B 74% 73 74% 72V, Timken Bear... 80 79V, 79% 79% Willys-Overland. 32 7 /g 32'4 32 % 32% Yellow Coach.. 39 7 4 39V, 39V, 40 White Motor... 47% 46 46% 47% Mining— Am Smlt & Rfg. 97% 96% 96% 97 Anaconda Cop .121% 118% 121% 118% Andes ... 37 % 49 Cerro de Pasco. .104% 103 104 103 Chile Copper .. 82 77 82 76% Greene Can C0p.172% 171% 171% 171 Inspiration Cop 44% 4374 44 43 7 4 Int Nickel 58 567 e 57 56V, Kennecott Cop ..15474 1 53V, 154% 153 Magma Cop ... 68Vs 66V2 68% 66% Nev Cons 41% 40% 41% 40V, Texas Gulf Sul 79 78'4 78 % 77% U S Smelt 66% 66% 66% 67 Oils— ( Atlantic Rfg.... 62% 61% 62 61V, Barnsdall A.... 44% 43 >4 43% 43 V, Freeport-Texas.. 51 Vs 50% 50% 50% Houston Oil 92V2 93% Indp Oil & Gas 31% 3174 Marland Oil .... 43% 43 43 42'/, Mld-Cont Petrol. 35 34% 34% 35 Lago Oil & Tr 31 Pan-Am Pet (B) 49% 48% 48% 47% Phillips Petrol 42'A 42 Prairie Oil & G. 63V, 62 62 63% Union of Cal ... ... 49% Pure OH 26 25% 26 26% Royal Dutch ... 54% 53% Shell 28% 28Vs 28% 28% Simms Petrol .. 22', 227s 22'/, 21% Stnclair Oil 41 % 40% 40% 40% Skellv Oil 34% 34V, Std Oil Cal 7074 70 70 69 Std Oil N J.... 51% 51% 51% 51% Std Oil N Y.... 42% 41% 41% 42% Texas Corp <4% 64% 64% 65 V, Transcontf .... 11% 11% 11 % 11 % White Eagle*.... 34% 34% 34% J 4% Industrials— Adv Rumely ... ~ 50% Allis Chalmers 185 188 Allied Chemical 279% 279% 27974 268 Armour (A) 17% 16% 17% 17% Amer Can 114% 113% 114% 112'-, Alaska J 8% Amer H L pfd.. .. ... 35 37% Am Safety Raz.. .. ... 70Va 70V, Amer Ice 38% 38% 3874 38'/, Am Woolen .... 257, 25% 25% 27% Curtiss 164% 162 162 158% Coca Cola 172% 172% 17274 17174 Conti Can 61 60% 61 61% Certainteed 25 26 Congoleum 29% 29% 297s 29Vs Davison Chem.. 64% 6374 64V, 62% Dupont 503% 502 503 % 502 Famous Players 60 58% 59'4 58% Fox (A) 96% 95V4 96>4 94V, Gold Dust 77% 76% 77% 77 Glidden 44% 44 44 41% Int Harvester... 95% 9574 95 % 94 Lambert 130% 1297, 129% 12874 Loews 74% 73% 73% 70 May Stores ... .. 112 Montgom Ward 142% 140% 140% 139 Natl C R 101 99% 101 98% Pittsburgh Coal. 75% 75'., 75% 75 Owens Bottle .. 8774 87% 87% 87% Radio Keith ....372 355% 364 340 Real Silk 63 7 4 64 Rem Rand 31% 31 31V, 31 Sears Reobuck ..172% 16974 171 169 Union Carbide .206 204% 204% 198% Victor 150 148 149'A 14774 Unlv Pipe 20 20 oacslr Pipe 46 45'/, U S Indus Alco. .. .. 129% 129% Wright Aero ....282 278 281 27374 Warner Bros ...125 123% 123'/, 122% Utilities— Am Tel & Te1...200% 199 199 198% Am Express 291 Am Wat Wks .. 74 73% 73% 72 Brklyn-Manh T. 75% 75V, 75V, 73 Col G & E 147 146% 146% 14274 Consol Gas 108% 107% 10874 10674 Elec POW & Lt.. 48% 47% 47% 46% Interboro 54 53% 54 52 7 /s Nor Am Cos 92% 91% 91% 91% Natl Power 45% 45% 45V, 4474 S Cal Edison 56 55 Pub Serv N J .. 877, 86 87 83V, Std Gas & E 1... 85'A 84% 84% 84 Utilities Power.. 41% 41 41 40% West Union Tel. 195 194 194 191 Shipping— Am Inti Corp. ..147V, 146 146 143 Am Ship & Com 374 Atl Gulf & W 1 41% Inti Mer M pfd. - 38 United Fruit ...141 140% 141 141% Foods— Am Sug Rfg 88% 86% 87% 89% Kroger 1157', 114V4 114% 114% Austin Nichols 9% Beechnut Pkg 9874 95% California Pkg 76 75% Corn Products 87 % 87 % Cudahy 65% 65 65 66% Cuba Am Sug 16% Fleischmann Cos 79'A 78% Kraft Cheese 37 3774 Natl Biscuit 193% 189% 189% 195 Natl Dairy 1307, 130 13074 12874 Postum Cos 75% 74% 75 75 Ward Baking B. 21% 20% 20% 19% Tobaccos-^. Am Sumatra ... 57% 56% 57% 57 Am Tob B 179% 178% 179% 177% Con Cigars 95 94% General Cigar .. 67 66% 66% 68 Lig & Meyers .. 93% 93 93% 92 Lorillard 267s 2674 26% 26% R J Reynolds 158% 158 7 4 Tob Products B. 99 V, 98% 98% 99% United Cigar St 24% 25 Schulte Ret Strs 37% 37% Produce Markets 1 Butter (wholesale)—No. 1. 50051 c: No. 2. 474i 48c. Butterfat—Lb.. 48c. Cheese ( wholesale selling price per pound I—American loaf. 33c; pimento Joaf, 35c: Wisconsin flat. 29c: prime cream. 27c; Daisy. 26c: Longhorn. 26c: New York limbdrger. i-Oc. Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. 32c. Poultry (buying prices! Hens. 25® 26c: Leghorn hens. 21c: 1926 springers, large breed. 3 lbs. and up. 26c: 1 to 174 lbs.. 23c: Leghorns. 21c: old roosters, large. 14c: small. 10613 c: ducks. 16317 c: guineas, young 50c; old. 35c: turkeys, o. 1 voung toms. 12 lbs. and up. 3541:38c: No. 1 voung hens. 36c a lb.: No. 1 old toms. 22525 c: No. 3. old hens. 25630 a lb 811 United Pres* CHICAGO Jan. 17.—Eggs—Receipts, 4.320 cases: extra firsts. 35f36c; firsts. 33 @33',c; ordinaries. 30©32c: seconds. 21% 23c. Butter—Receipts. 7.731 tubs; extras. 45%©45%c: extra firsts. 44%@4c: firsts. 44©44%c: seconds. 43w43%c: Standards. 45%c. Poultry—Receipts. 1 car; fowls 20 *i.29c; springs, 23© 30c; stags. 27c: Leghorns. 247/ 25c; roosters, 20c: ducks. 24 o 2se: geese. 20c: turkeys. 30$ 25c. Cheese —Twins 23%'„ 21'wc: Young Americas. 24% *i2sc. Potatoes—Market, dull; arrivals. 70; on track. 178: In transit, 728; Wisconsin sacked round whites. $101.15: Minnesota sacked round whites. 95@ $1.95; Idaho sacked russets. $1.75.
QUIET TRADING HOLDS PRICES FIRMJN PIT Weather Is Unfavorable for Country Buying. Bu United Press CHICAGO, Jan. 17.—Trading was quiet on the Board of Trade here today but all grains showed firm tones. The weather over the central area promises to be very unfavorable for country movement. At the opening wheat was unchanged to % cent higher, com was unchanged to •%* cent higher and oats were unchanged to % cent higher. Provisions were steady. The large increase in North American flour business since the first of the year has become a bullish factor in the wheat market, but recent advances must be attributed to broader speculative interest in the grain rather than to any important change in the news. Liverpool failed to follow the upturn here Wednesday. Although corn showed great strength by advancing in the face of sharp declines at Buenos Aires, Wednesday, the rise has placed it in an unfavorable technical position and, with reports of further rains in Argentina last night, there has been a reawakening of bearish sentiment. Oats has been following the major grains, with the exception of July, which has met with considerable selling. Chicago Grain Table —Jan. 17— Prev. WHEAT— High. Low. 12:00. Close. March 1.20% 1.19% 1.20% 119% May 1.23% 1.23 V, 1.2374 1.23V4 July 1.2574 1.24% 1.25% 1.24% CORN— March 9774 - 96V4 .97% .96% May 1.00% .99% 1.00 V, .99% July 1.02% 1.0174 102 1.01 V, OATS— March .50% .50% .50% .507, May 51 .50% .51 .50% July 48% .4874 .48% .48V, RYE— March •••••. .1.06% 1.05% 1.05% 1.05 May 1.087s 1.07% 1.0874 1.07% July 1.07% 1.07 V, 1.07 V, 1.0674 LARD— January ....11.77 11.75 11.77 11.75 March -• ■ - 11.95 11.92 May 12.22 12.20 12.20 12.20 RIBS— January May 12.90 Bu Times Special CHICAGO. Jan. 17—Carlots: Wheat, 6; corn, 195; oats, 39; rye. 5.
IEGGER ROUTED AS HOMEDURNS Stiil and Mash in Attic of House Revealed by Fire. A bootlegger fled in pajamas and overcoat at 4 a. m. today when a fire underneath his whisky still started flames which routed him from his headquarters at 22 North Grant street. He drove away in his automobile. Police are checking to determine the owner of the house in an effort to trace the bootlegger. As firemen arrived at the house, a story and a half frame structure, a pajama-clad man pulling on his overcoat, ran out. Neighbors were yelling, “Rescue the people. There’s people in that house.” The man ran to Captain George F. Simmons, told him there was no one else in the house, and vanished. A fifty-gallon still and six barrels of mash in the attic were found. The upper story of the dwelling was destroyed. Damage was estimated at $1,500.
Marriage Licenses
Elmer Williams, 28. of 441 South Ritter, mechanic, and Elizabeth Griffin, 23, of 425 South Ritter, phone operator. Russell Hoover. 30. Broad Ripple, farmer. and Orphay Fisher, 34, of 1507 EastRaymond. Forrest Miller. 30, Connersville. freight agent, and Anna Reddy, 17. of 1035 Lyons. Frank Joslyn. 38. of 805 North East, and Emma Onken, 37, of 805 North East. Warren Maurer, 28. Oak Park. HI., auto mechanic, and Lorena Egler, 20, of 1864 Singleton. Births Boyr. Woodie and Emma Miller, 632 North Pine. Sidney and Alice Ellis, Coleman hospital. Walter and Mary Rebennack, Coleman hospital. v Edward and Martha Roberts, Coleman hospital. Lawrence and Mary Clelland, 1223 Newman Girls Claude and Acci Howson, 2338 North Harding. Walter and Dulcie Ungles. 814 Arbor. Dennis and Helen Noone, 601 North Dearborn. Elmer and Pauline Dewbrew, 402 West New York. Herbert and Esther Gale. Coleman hospital. Robert and Bernice King, Coleman hospital. Deaths William Ellis. 47, 1519 East Eighteenth chronic myocarditis. Walter S. Bradfute. 66, Methodist hospital, chronic myocarditis. Gertrude R. Elder, 1. Riley hospital, meningitis. Samuel Carter. 85. Methodist hospital, obstruction of bowels. Marlah Larkin. 87, 1644 North Alabama, cerebral hemorrhage. William J. Groenwoldt, 58. 2122 North Alabama, coronary thrombosis. Mayme Taylor, 18, city hospital, broncho pneumonia. Hannah Delon. 77. 4128 East Washington, acute myocarditis. Frank Brockschiager. 60. 401 North Colorado. cerebral hemorrhage. Henry Ellson Cooperider 73, 620 Home p'.„ce, chronic nephritis. Be-tha Lucid. 39. 720 West New York, carcinoma. Della Werkhoff, 55. city hospital, chronic myocarditis. Roberta Frazier. 11 months, city hospital. meningitis. Frank King. 60. 5226 Ellenberger. acute dilatation of heart. Manila M. De Moss. 73. 938 North BevlUe, pulmonary tuberculosis. Frank J. Arens, 79. 1414 Union, acute bronchitis. James Bennett Pullen. 49, 743 North Noble, angina pectoris. PUSH fNRRMARY QUIZ Eight Inmates Testify Before Grand Jury, Eight residents at the county infirmary were witnesses before th? gTand jury today. The grand jury is investigating general living conditions and food served infirmary inmates. The last grand jury recommended, the probe of the charge that food raised on the infirmary grounds is not being served to inmates. The jury visited the infirmary Tuesday afternoon.
THE INDIANAPOLIS TIMES .
The City in Brief
FRIDAY EVENTS Cocoa-Cola bottlers of the United States convention, Claypool. all day. Indianapolis police safety fair, Tomlinson hall, ell day. Knights of Colnmbu* luncheon. SpinkArms. Optimists Club luncheon, ClaypooL Altrusa Club luncheon, Columbia Club. Phi Delta Theta luncheon. Chamber of Commerce. Indianapolis Round Table luncheon, Lincoln. Exchange Club luncheon, Lincoln. Master Painters’ Association luncheon, Elks Club. Delta Tau Delta luncheon, Columbia Club. , Lambda Chi Alpha luncheon. Board of Trade. United States Naval Academy graduates luncheon. Columbia Club. , American Institute of Electrical Engineers, Indianapolis-Lafayette section, Lincoln, 8 p. m. First Ward Republican Club meeting, Compton ball 8 p. m. R. Anglada, export sales manager, Swan Myers Company, has sailed from New York on a business trip in Latin-American countries. A bill seeking to substitute the American Men Table of Mortality Ultimate for the American Experience /Table now in use by insurance companies will be introduced by Senator William V. Doogs of Cannelton. Holders of insurance policies in Indiana would be saved approximately $2,000,000 annually, Doogs claims. A similar bill waj killed two years ago. / Suit to recover judgment of $10,280 on a promissory note has been filed in federal court by the Gasteam Heating Company, Chicago, against John H. Roberts, Indianapolis. Rabbi Phillip Langh, Chicago, spoke Wednesday night before the Indianapolis chapter, Hadassah, at the Kirshbaum Community Center and related experiences in New Palestine. Pictures were shown, accompanied by descriptions, of places of interest in the Holy Land. Involuntary bankruptcy proceedings against the C. H. Meyer Cigar and Candy Company, 41-49 West South street, have been filed in federal court by the Curtiss Candy Company, Johnson Candy Company and Shotwell Manufacturing Company, all of Chicago. The petition alleges indebtedness of the company is more than $17,000, and asks appointment of a receiver. S. O. Klindlesmith and W. A. Gearhart were chosen elders Wednesday night at a meeting of the Beech Grove Christian church congregation. Other officers chosen are Charles Longacre and Grant Vandiver, deacons; Emerson Whitaker, financial secretary; S. O. Klindlesmith, treasurer; and M. A. Poe, clerk. The Rev. K. E. Thorne, pastor and Mrs. Thome, were guests of honor at a reception. Julius L. Williams, Negro, custodian at 2140 College avenue, told police Wednesday night that his nephew, Roy Harris, Negro, 18, same address, had shot him in the leg in an argument over who should fire the furnace. Harris could not be found by pol'cc. The Sterling Laundry Company gave its annual dinner and dance at the Hoosier Athletic Club Wednesday evening, Roy C. Shaneberger, president of the company, spoke. The annual meting of the Electric League of Indianapolis will be held tonight at the Lincoln. Following readings of annual reports, officers for the year will be elected. The Rev. H. E. Eberhardt, superintendent of Wheeler City, mission, spoke on the importance of rescue mission work Wednesday at the chapel service for students of the Butler uhiversity school of religion. He traced rescue mission work from its beginning, about fifty years ago, to today. t COOLIDGE TO SPEAK Promises to Attend Clark Program at Vincennes. President Collidge has assured those in charge of the George Rogers Clark one hundred and fifieth anniversary program at Vincennes Feb. 25, that he will attend and speak unless otherwise detained at Washington. This announcement was made at a meeting of the George Rogers Clark memorial commission committee at the Columbia Club Wednesday. Clem J. Richards, Terre Haute, and D. Frank Culbertson, Vincennes, were appointed to go to Washington and extend a personal plea to the President to attend. It also was announced that Governor Harry G. Leslie and members of the general assembly will attend the celebration which marks the capture of Ft, Sackville by Clark, Feb. 25, 1779.
Commission Row
PRICES TO RETAILERS FRUITS Apples—Box Jonathan. 12.50® 3.75: basket Jonathan. $1.50®2.25: oox Delicious, *2.5061,2.75' box Grimes, [email protected]: basket Grimes. $1.5062.25; basket Winter Bahamas. *1.75@2. Cocoanuts—s6.so a bag of 100. Cranberries—ss a 25-!b. box; $lO a F'J--Ib. box. Grapes—Emperors, lugs. $2.75: k<-gs. $4; Almena. keg, $6. Grapefruit—s3.so(s3.7s. Lemons—California, a crate, $7.3367.50. Limes—Jamaica. 100 bv couni. 52.25(/i 2.50 Orange—California naval, a crate. $6 @6.50: Florida, *3.7564.25. 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. Cabbage—Wisconsin, a lb.. 31464 c. Cauliflower—California. $2.25. Carrots—California: 90c a dozen bunches. Celery—California rough, a large crate. *6.50(57. Eggplant—Dozen. *2. Kale—Virginia. $26 2.25 bushel; crate $2.50. Letuce—California head, a crate. $4.25® 4.50: home-grown leaf, a bushel. $2.15® 2.35 Onion®—Yellow, a 100-lb. bag. *565.5.. Spanish, a crate, $2.50® 2.75; Western, $5.50 a 100-lb. bag. Parsley—Home-grown, dozen bunches. Peas—California. *7 45-lb. box. Peppers—Florida, per crate. *l4: peck baskets. $2. Potatoes—Michigan round white. 150 ibs *2.106 2.25: Ohio. $1.5061.75; Idaho. $2.50 a bag. Radishes Button hothouse. dozen bunches. 90c. Spinach—Texas, a bushel. $161.35. Sweet Potatoes —Indiana Jersey, $3 a bushel; Ho. 2, $1.75 a bushel.
PORKERS RISE * 20 TO 30 CENTS IN CITYYARDS Cattle, Vealers Steady; Receipts Slightly Lower. Jan. Bulk. Top. Receipts 10. $9.25 $9.35 9.000 10. 9.25 9.35 9.000 11. 9.35 9.40 8,500 12. 9.50 9.50 6,500 14. 9.50 9.50 8.000 15. 9.30 9.30 12.000 16. 5.40 9.40 8.500 17. 9.60(8:9.65 9.65 5.000 Hogs were generally 20 to 30 cents higher today at the local stockyards. The bulk of 160-300 pounds was quoted at $9.60 to $9.65- Receipts were forced down to 5,000, and holdovers were estimated at 586. Cattle were steady not much attractive beef at the yards. Vealers were steady selling at sl9 down. Sheep were scarce but quotably steady, with good lambs selling around $16.50 down. The Chicago hog market opened steady with Wednesday’s market. Few sales of choice 170-290 pound weights brought $9.15 to $9.25. Numerous loads held higher. Receipts numbered 47,000, including 5,000, and holdovers from Wednesday’s market totaled 7,000. Hog prices today were as follows; 250-350 pounds, $8.75 to $9.65; 200250 pounds, $9.60 to $9.65; 160-200 pounds, $9.50 to $9.65; 130-160 pounds, $9.25 to $9.50; 90-130 pounds, $7.75 to $9, and packing sows, $7.75 to $8.50. Cattle receipts were 500; calf receipts were 400; beef steers, $10.50 to $12.50; beef cows, $7.50 to $9.50; low cutter and cutter cows, $5.25 to $6.75; vealers, $lB to sl9; heavy calves, $7 to sl2, and bulk stock and feeder steers, $8 to $10.50. Sheep receipts wfere 200; top fat lambs, $16.75; bulk fat lambs, $14.f0 to $16.25; bulk cull lambs, $lO to $12.50, and bulk fat ewes, $7 to $8.50. —Hoes — Receipts. 5,000; market, steady to higher. 250-350 lbs ....$ B.7s id} 9.65 200-250 lbs 9.600/: 9.65 160-200 lbs. 9.50(8 9.65 130-160 lbs 9.25(8 9.50 90-130 lbs 7.750/ 9.00 Packing sows 7.75(8 8.50 —Cattle Receipts, 500; market, steady. Beef steers .. $10,50 0,12.50 Beef cows 7.50© 9.50 Low cutters and cutter cows.. 5.25© 6.75 Bulk stock and feeder steers.. -8.00010 50 —Calves— Receipts, 400; market, steady. Best veals $18.00019.00 Heavy calves 7.00012.00 —Sheep— Receipts, 200; market, steady. Top fat lambs $16.75 Bulk fat lambs [email protected] Bulk cull lambs 10.00 0 12.50 Bulk fat ewes 7.00® 9.50 Other Livestock Bu United Press CHICAGO, Jan. 17.—Hogs—Receipts, 47,000; mostly steady to 10c higher: top, $9.35 on choice, 180 to 210-lb. weights; largely $9.15 0 9.30; market on weights, between 160 and 300 lbs.: butcher, medium to choice, 250-350 ibs., $8.85© 9.25; 200-250 lbs., $909.35; 160-200 lbs., $9(59.35; 130160 lbs., $8.50(1(9.25; packing sows, $3.15© 8.75; pigs, medium to choice, 90-130 lbs., $7.25(5.8.50. Cattle—Receipts, 9,500; calves. 3,000; very dull steer trade and bidding unevenly lower; she stock steady to weak: bulls, steady; veals, steady to 50c higher; most fed steers, $12013.25; best around. $15.20; slaughter classes, steers, good and choice, 1300-1500 lbs.. sl3© 15.75; 1100-1300 lbs., $13.25(5 16.25; 950-1100 lbs., $13016.50; common and medium. 850 lbs.. $9.50(513.25; fed yearlings, good and choice, 750-950 lbs., $13.25(5 16.50; heifers, good and choice, 850 lbs. down, $11.75(513.75; common and medium, $8.50011.75: cows, good and choice, [email protected]; common and medium, $6.7508.50; low cutter and cutter, $5.50© 6.75; bulls, good and choice, beef, $9.75© 11.75; cutter to medium, $8©10.15; vealers, milk fed, good and choice. $15.50(518; medium. $13@>15.60. cull and common, $8(13; stocker and feeder steers, good and choice, all weights, [email protected]; common and medium, $8.75@11. Sheep—Receipts, 13,000; market, fairly active; opening strong to 15c higher; bulk fat lambs, $16.50© 16.85; top, sl7; sheep and feeding lambs scarce, steady; lambs, good and choice, 92 lbs. down, $16.15© 17.25; medium, $14.40© 16.15: cull and common. slo©, 14.40; ewes, medium to choice, 150 lbs. down, $8010.50; cull and common, $3.75© 8.50; feeder lambs, good and choice, $13.75015.25. Bu Times Special LOUISVILLE. Jan. 17.—Hogs—Receipts, 900; market, 10c higher and medium hogs, 180 lbs. up, $909.50; pigs and lights, 90 to 180 lbs., $7.55©9: pigs. 90 lbs. down, $6.10: stags and throwouts, $6.80©7.40. Cattle—Receipts. 200; market, steady; prime heavy steers, $12013.25; heavy shipping steers. $10@12; medium and plain steers. $8.50010; fat heifers, $7.50© 11.25; good to choice, cows. $8®9.50; medium to good cows, s6©B: cutters, $5.50®6; canners, $4.50 0 5.25; bulls, $6.50 0 9.75; feeders, sß© 11.50; Stockers. $6.50011. Calves—Receipts, 200: market, steady; good to choice, $13.50015.50; medium to good. $11013; outs, s6©ll. Sheep—Receipts, 50; market, steady; lambs. $12,500:13; seconds. $8.50@ 10: sheep. $406. Wednesday’s shipments: Cattle, 48; calves, 106; hogs, 175; sheep, none. Bu United Press PITTSBURGH, Jan. 17.—Hogs—Receipts, 1,800; market, strong: 250-350 lbs., $9.50© ! 9.85: 200-250 lbs., $9.75©9.90; 160-200 lbs.. 59.65f59.90; 130-160 lbs., $8.75©9.80; 90-130 ibs., $809; packing sows, $7.50© 8. Cattle —Receipts, none; calves. 25; market, 50c up; beef steers, [email protected]; light yearling, steers and heifers, s9©l3; beef cows, $7.50 ©9.50; low, cutter and cutter cows, SS(B 7; vealers. $14019; heavy calves, sll® 17.50. Sheep—Receipts, 300; market, steady; top fat lambs, sl7; bulk fat lambs, $14017: bulk cull lambs, $9012; bulk fat ewes, s6© 8. Bu United Press EAST BUFFALO, Jan. 17.—Hogs—Receipts, 1,300; holdovers, 1,100; market, steady; 250-350 lbs., $9.10©9.60; 200-250 lbs., $9.4009.85: 160-200 lbs.. 59.50©9.85: 130-160 lbs., $9.25®9.75: 90-130 lbs., $8.75® 9.30; packing sows, $7.75 0 8.20. Cattle— Receipts, 125; calves. 100; market, steady; beef steers. $U.50©14.25; light yearling steers and heifers, $12.50© 15: beef cows. S8.25010; low cutter and cutter cows. ss®7; Yealers, $18.50019.50. Sheep—Receipts, 500: market, steady. 25c up; top fat lambs, $17.25; bulk fat lambs, $16.50© 17: bulk cull lambs ,$11013.50; bulk fat ewes, [email protected], Bu United Press CINCINNATI. Jan. 17.—Hogs—Receipts, 2.500: holdovers. 300: market, uneven: 250-350 lbs. $8.5009.65; 200-250 lbs.. $9.35 ©9.85: 160-200 lbs., $9.25© 9.85; 130-160 lbs., $909.65: 90-130 lbs.. $709; packing sows. s7©B. Cattle—Receipts, 225. Calves—Receipts. 300; market, steady; beef steers. $8 ©12:50: light yearling steers and heifers, $9.50013.50; beef cows. $7.5009; low cutter and cutter cows, $5.50 07; vealers. 14018: heavy calves, *9© 14; bulk stocker and feeder steers, s9® 10. Sheep—Receipts, 150; market, steady: top fat lambs. $16.50; bulk fat lambs. $15©16.50: bulk cull lambs, $lO ©l3; bulk fat ewes. s6®B. Bu United Press FT. WAYNE. Jan. 17.—Calves—Receipts. 50. Hogs—Receipts, 100: market, steady to 10 cents higher; 90-120 lbs.. $7.60; 120140 lbs.. $8.35; 140-160 lbs.. $8.90; 160-189 lbs.. $9010: 180-200 lbs. $9.30: 200-225 lbs.. $9.20: 225-275 lbs.. $9.19; 275-300 lbs., $8.90; 300-400 lbs., $8.55: roughs, $7.50; stags. $5.50: calves, $17.50; lambs. sls. $150,000 EMERGENCY BILL 0. K. EXPECTED Passage of Measure by State Assembly Seen Today. Passage of the $150,000 emergency appropriation measure as it originated in the house was expected in the general assembly today. Back in the house for repassage Wednesday, the members turned the amendment down and it was referred to a conference committee. It was understood that the conference got no place and the amendment must be struck off before passage by the house.
L. A. Wiles Elected to Fletcher Bank Berth
County Bankers’ Head to Be Vice-President in Charge of Relations. Lawrence A. Wiles, president of the Marion County Bankers’ Association. twice superintendent of Indiana state banks, was elected vicepresident of the Fletcher Savings and Trust Company today, in charge of relations with outside banks. Officers of three subsidiaries, the Fletcher Joint Stock Land bank, Fletcher Savings and Trust Building Company, and the Vajen Leasehold Company were re-elected. Officers re-elected by the board of the parent company are Evans j Woollen, president; Hugh McK Landon, vice-president and chairman of 1 the executive committee; Albert E. Metzger, vice-president; Vinson Carter, vice-president and counsel; Donald S. Morris, vice-president and trust officer; William B. Schiltges, vice-president and loan officer; H. Foster Clippenger, vice-president in charge of the bond department; L. Albert Buennagel, secretary; Rex P. Young and Edward C. McKinney, assistant secretaries; Leland Crawford, treasurer; Albert S. Johnson, Clair McConnell and George A. Miller, assistant treasurers; Sylvester G. Kasberg, cashier; Harry L. Weber and Edward G. Freihage, assistant cashiers; Francis A. Ohleyer and Burke Nicholas, assistant trust officers; Orpha M. Runge, chief accountant; Walter S. Greenough and Evans Woollen Jr., assistants to the president. Woollen reported to the board that combined resources of the trust company and its six affiliated state banks were $29,151,403.72 as of Dec. 31, 1928.
NAB MAILBOX THIEF Illinois Police Hold Confessed Indianapolis Robber. Hearing on removal of Fred Hartman, 29, wanted here on a charge of breaking into and robbing fourteen south side mail boxes Thanksgiving night, from Danville, 111., to Indianapolis, will be Saturday. W. C. Ela, posal inspector, returned here late Wednesday after serving a federal warrant on Hartman. He said Hartman, who formerly lived here, confessed not only the mail box robberies, but also cleared up theft of many letters from apartment mail boxes. In an automobile he is said to have stolen and abandoned, Ela found nearly seventy-five letters rifled from mail boxes, from which he had twisted the locks with a wrench. Hartman’s arrest at Danville resulted from suspicion of a bank teller, the former attempted to cash a $250 check and was held for police. Ela said Hartman served nineteen months of a two-year sentence at Leavenworth penitentiary when he pleaded guilty to a mail theft charge in 1925. AMENDS PROCEDURE Bill ‘Before House Provides Change in Civil Action. An echo of the Grotto accident in which twenty persons were killed was heard in the house of representatives today when Representative Lloyd D. Claycombe of Indianapolis presented a bill to amend action in civil cases. The amendment provides that instead of suing defendants in the county in which their homes are located, it is possible to file the suit in the county where the accident occurred; or in the county in which their homes are located, it is possible to file the suit in the county where the accident occurred; or in the county where the defendant resides at the time of the action, and that a suit may be begun against a common carrier without obtaining consent of the court which he has appointed the receiver. Following the Grotto accident the circuit court judge at Anderson declared that suit against the traction company must be filed in Madison county where the receiver was appointed and not in Marion county where the accident occurred and where the witnesses resided. The bill was assigned to Judiciary B. 1
BEBE_BEARDS LYON Ben Falls for ‘Bachelor’ Star
Bv United Press ST. LOUIS, Mo., Jan. 17.—Bebe Daniels, athletic star of the screen, has admitted in an interview copyrighted by the St. Louis Star, that the numerous romances of her life failed because no man would tolerate'her “bachelor” habits.
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Bebe Daniels
“But I was too young and he time I was old epough and he was Miss Daniels admitted John Gilbert swept her off her feet. But she and Gilbert realized before it was too late that they were not in love, she said. Jack Pickford was romantic and generous when it came to sending roses, but he was too practical and insisted on wearing overshoes and carrying an umbrella, the film star said.
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Lawrence A. Wiles
APPROPRIATION BILL IS PASSED Senate Amendment Goes Into Waste Basket. The senate amendment to the $150,000 appropriation bill to defray expenses of the -seventy-sixth general assembly found its way into the waste basket today after causing a two-day delay in the passage of the measure. An amendment raising the pay per day of the secretary of the senate, chief clerk to the house and chief doorkeepers of both chambers from $6 to $lO a day was slapped on the original bill introduced Monday by Representative Sam J. Farrell of Blackford, chairman of the ways and means committee. When brought back to the house Wednesday Farrell protested against the amendment and urged that it be culled by a committee composed of Representative Forest Knepper and Senators Denver Harland and Alonzo Lindley. The committee’s report today receded from the amendment and the appropriation measure was instantly passed by both houses. Senator I. Floyd Garrott, of Battleground was elected chairman of the Republican majority caucus, and Senator Charles H. Beeson of Winchester was elected secretary, at a caucus following the adjournment at noon.
SCORES FARM TAXES Revision Needed, Declares Settle. Indiana needs anew constitution to provide anew policy of taxation which will relieve farmers of their present unjust tax burden, William H. Settle, Indiana Farm Bureau Federation president, declared at the Indianapolis Real Estate Board luncheon at the Chamber of Commerce today. “It is just as unreasonable to suppose that a policy of taxation provided by our constitution sev-enty-one years ago would meet the present day needs as it would be to suppose that the educational needs of seventy-one years ago would meet our present-day requirements,” he said. “Farm lands still pay more than their full share of taxes,” he declared. “Pauper counties now are paying taxes of from $4 to $5 of each SIOO of assessed valuation, which is confiscation. Increases in public expenditures for any purpose will be opposed unless the proposed expenditure is taken Care of by other than increased taxes on farm lands.” Settle suggested an income tax and taxes on luxuries. , NEW YORK COFFEE RANGE —J&D. 16 — High. Low. Close. January 16.60 March 15.86 15.83 15.86 May 15.14 15.08 15.14 July 14.48 14.41 14.48 September 14.00 December 13.65 13.64 13.65
Miss Daniels, whose engagement to Ben Lyon is expected to be announced next week, explained she is a “bachelor, accustomed to doing with my time as I please. “No real man would tolerate that,” she added. “And I wouldn’t have anything but a real man.” Six romances which preceded the affair with young Lyon were listed by Miss Daniels. They were Barry Beneto, schoolboy chum; Harold Lloyd, John Gilbert, Jack Pickford. Charlie Paddock, the sprinter; and Michael Arlen, writer. “Barry was my first love,” and I’ll never forget him,” she said. “He wouldn't even look at me, and I suffered only as a woman of eleven summers can suffer under such humiliation.” * * Harold Lloyd was the first boy Miss Daniels “ever went out with.”
was too poor,” she said, “and by the rich enough, we had ceased to care.”
“Next? Well, there was Charlie Paddock, the sprinter, a sweet lamb. Out of our friendship, grew a fine understanding which continues to this day.” "I then met Michael Arlen, the writer, in New York, and it was another case of love at first sight. It seemed to me he needed the loving care of a mother, not a wife.”
MAN. 17,1929
Aviation BILL PROVIDES FLYING BOARDS IN STATEJDITIES Would Control Air Fields in Second-Class Towns of Indiana. A bill placing control of all aviation facilities and air lanes in cities of the second class in the hands of local aviation boards was presented to the house of representatives today by Representative A. Everett Bloom, Ft. Wayne. Gary, Evansville, Terre Haute, Ft. Wayne qnd Hammond are among cities which would be affected. Four aviation commissioners without salary are to be appointed by the mayor. They will receive no salaries and will be allowed not more than S6OO a year for expenses. The board shall have the right and power to acquire airports, equip them and have actual managerial powers. Power to Fix Tax Levy In the letting of contracts the aviation board shall be subjected to the same limitations and rules as govern boards of public works when the expenditure is more than $1,500, with an exception in the case of emergency involving safety of human life and a provision in the case of letting contracts for hangars. The aviation board shall have the power to sue in the name of the city in proper cases. The bill provides for levying of a tax of not less than % cent nor more than 5 cents on each SIOO of property. Right of Eminent Domain I* also provides for appropriation of money by the common council at its discretion and the oorrowing of money and the issue of city bonds by the common council as other bonds are issued for general purposes of the city. It gives the aviation commissioners control of the spending of all money in the aviation fund in the same manner that the park board now has this power. The board also is given the power of eminer.t domain withni six miles of the city.
In Air Today
Weather conditions at 9:30 a. m. at Indianapolis airport: South wind, thirteen miles an hour; baromtric pressure, 29.80; temperature, 42; no ceiling; no visibility; foggy, light rain.
CITED FOR CONTEMPT Attorney Scored by Judge for Club Collections. Superior Judge Byron K. Elliott today directed Deputy Prosecutor George Eggleston to file a citation of contempt of court against W. B. Waddell, attorney, 314 Board of Trade building. Wacfdell is charged with defrauding a number of stockholders of the defunct Marion Club of a part of their share of the assets of the club. Waddell two weeks ago was given two weeks to make refunds. He was called before the judge this morning. Asked if he paid all persons he is alleged to have defrauded Waddell said “all but a few.” * “This is the last®time I’m going to call you in, Waddell,” Elliott declared. “This thing is most outrageous and if you don’t change your attitude, I’ll send you to Jail.” Elliott, however, later relented slightly and declared he might not send information to the grand jury against Waddell if all is cleared up before a hearing Is held on the citatiop. Waddell is charged with having collected for a number of persons, the $47.50 due each Marion county stockholder, and to have paid over to the stockholders much smaller amounts, pocketing the balance.
NEW BILL CODIFIES CORPORATION LAWS Result of Commission’s Work Seen in Act Given to Assembly. A bill outlining a codification of the corporation statutes of Indiana and revising these as relating to all foreign and domestic corporations according to the models of the New York Bar Association and the laws of Delaware and Maryland was presented to the house of represnetatives today by Representatives Roy C. Street of Lafayette, and William Bosson Jr. of Indianapolis. Frederick E. Schortemeier, former secretary of state, aided in the codification work, which resulted from the appointment of corporation survey commission by the 1927 legislature with Paul V. McNutt as chairman. A meeting of ihe commission will be held next Wednesday night in the house. The bill was assigned to the committee on corporations. THREE KILLED BY TRAIN Five in Section Gang Injured; One Man Escapes. Bu United Press MIDDLETOWN, Ohio. Jan. 17. Three men were killed and five hurt at Pottftown, three and one-half miles northeast of here today, when a Baltimore & Ohio railroad train ploughed into a section gang of nine men. Frank Keehner. 27, Shandon, 0.. was killed instantly and Miles Haney, 26. Fostoria, who bearded in Middletown, died about two hours later in a hospital here, The third victim still is unidentified. Homer Harold, Middletown. wa the only one to escape uninjured, as Hailey Bell, Excelo, lost his right heel when he jumped from tbtrack.
