Indianapolis Times, Volume 40, Number 214, Indianapolis, Marion County, 25 January 1929 — Page 29
JAN. 25, 1929.
NASH FEATURES MARKET RISE IN EARLTDEALS Steels Up Fractionally; Coppers Strong; Motors in Demand.
Average Stock Prices
Average of twenty Industrials Thursday was 309.39, off .94 Average of twenty rails was 154.00. off .86. Average of forty bonds was 96.05, off .02. BY ELMER C. WALZER, United Press Financial Editor NEW YORK, Jan. 25.—Gains of two to four points generally were made in the early trading on the stock exchange as traders received news of the small increase in brokerage loans and the improved condition of the federal reserve. Bethlehem Steel went up 2*4 points to 83 reflecting satisfaction over the action of directors Thursday in placing the stock on a $4 annual dividend basis after dividends had been passed for nearly five years. United States Steel rose to 189, up 5*4 points, and this further aided the market. Representative issues were turning over heavily at higher prices. National Power and Light opened with 22,000 shares at 50%, up I*4 points and anew high record. The opening on steel was for 10,000 shares at 76, up 3%, and Indian Refining 10,000 shares at 34, up %. General Motors new stock advanced more than a point to 82%, General Electric nearly 3 to 241, American Can 1% to 114% and Union Carbide 4% to 180%. Copper stocks were strong with Kennecott up 1% at 154%, Greene Cananea up 4% to 180% and Anaconda up 1 at 125*4. Rails held well, featured by Canadian Pacific which rose nearly four points to 252%. Motors and sugars were in demand. American Sugar rose to a new high on the movement with a gain of more than a point. Congress Cigar featured the tobacco shares rising two points to 83%. Nash Motors opened on a block of 32,000 shares at slls per share, up $5 each from the previous close. This stock has been particularly strong on the theory the company would be merged with Packard. Talk also was heard that a 10 per cent stock dividend would be declared following a higher earnings report. Announcement at the outset that the'stock exchange had decided to increase memberships to 1,375 helped the market materially. Traders held the opinion that the governors of the exchange were convinced the present demand for st.cks would continue, with trading at a five-million-share pace or larger. Another factor in restoring confidence after yesterday's irregularity was the retention of the 5 per cent rediscount rate by the New York Federal Reserve bank. Brokers’ loans increased only $59,000,000 from the erroneous figure realized a week ago ago by the federal reserve. This was corrected yesterday, making the increase only $48,000,000, much smaller than had been expected. The reserve ratio increased for the New York bank and for the system as a whole. Strength in General Motors and motor shares as a whole was attributable to a great extent to optimistic predictions on a record year for the industry, made by Alfred P. Sloan Jr., president of General Motors.
Banks and Exchange
City b*nk clearings figures, as risen In The Times daily, are checked carefully and -always are correct, barring possibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday, Jan. 25, $3,517,000: debits. **.718. TREASURY STATEMENT B’l l niti it Prftt WASHINGTON, Jan. 25.—The treasury net balance for Jan. 25. *138.864.801.56; customs receipts this month to that date, *32,597,669.35. NEW YORK STATEMENT Bu Viiited Press NEW YORK. Jan. 25.—Bank clearings, *1.588.000.000; clearing house balance. *183,000,000; federal reserve bank credit balance. *120,000.000.
In the Stock Market
By Thomson & McKinnon) NEW YORK, Jan. 26.—The brokers loans statement held a surprise in that the increase fell far short of expectations. An equally surprising showing is the local federal reserves gold ratio at above 80 per cent selling at rest for the time being talk of an advr. ice in discount rates. The call rate is expected to move upward toward the end of the month, the possibility of 10 to 12 per cent being suggested. Montgomery Wards annual report falls far sho*t of earlier estimates and the inauguration of dividends by Beth Steel is probably discounted in the price. The situation still calls for conservative action. NEW YORK COFFEE RANGE J 3D. 24 High. Low. CLose. January .... .... 17.26 March 16 35 16.10 16.35 Mav 15.58 15.40 15.58 July 14.80 14.60 14.80 September 14.07 13.85 14.07 December 13.63 13.65 13.62
[basic If® |.5RAKj]i One Investment in 30 Great Corporations Write or Call for Complete Details City Securities Corporation DICK MILLER, Pres. 108 E. Washington SL
New York Stocks
(By Thornton dr McKinnon 1 “
—Jan. 25 Prev. Railroad!— High. Low. 13.00. Close. Atchison 301 200 % Balt it Ohio 120% 121% Canadian Pac .252% 251% 252% 249 Chesa & Ohio 216% 216% Chess Corp 83% 83% 83% 83% Chi it N West.. 89% 89% 89% 89 Chi Ort West 20% 20'% Dei it Hudson... 196% 196% 196% 196% Del it Lacka 123% ; Erie 69 >4 69% 69% 69% ! Erie Ist ptd 62% 62% I Ort Nor 109 Kail City South 93% ... M K it T 49% 49% !Mo Pac pfd ....127% 127% 127 V, 127% N Y Central ....195% 195 195% 194% : N Y C & St L 134 135% NY NH it H 87% 87% 87% 86 Nor Pacific t.'iS 107% Norfolk & West 195% | O & W 27 27% i Pennsylvania ... 79% 79 79*4 78V, Reading 106 105% 105% 106 Southern Ry ...155% 155 155% 154% Southern Pac 132% 132% St Paul 38% 36%, 36% 36 St Paul pfd 58% 57% 58 58% 8t l & 8 W ... 106% St L it S F 117% 117% Union Pacific ..220% 220 220% 219% West Maryland 41 Vi 41% Wabash 72% 71 Wabash pfa 96% Rubbers— Ajax 10% 10% 10% 10% Fisk 19% 19% 19% 19% Goodrich 9J% 98% 99V, 98% Goodyear 132 V, 130% 130% 127% Kelly-Spgfld .... 21% 21% 21% 21% Lee 22 '/a United States .. 51% 51 51 51 Equipments— Am Car it Fdy.loo 99% 100 99% Am Locomotive. .111% 111 111% lio Am steel Fd 78 75 76 % 73% Am B Shoe 45% 46% General Elec ...241% 241 241 Vi 238% Gen Ry Signal 95% 85% Gen Tank 96 N Y Air Brake.. 48% 46 40 46% Pressed Stl Car 22 Pullman 85% 85V, 85% 85% Wcstlngh Air B 46V, 45% Westingh Elec ..143% 142% 143% 142% Steels— . Bethlehem 86 * 84>/a 85% 84% Colorado Fuel ..71 70 71 70 Crucible 89 90% Otis 41 40 Vi 41 40% Inland Steel 86% Rep Iron St Stl 83% 83% 83% 83% U S Steel 189 187% 187% 184 Vi Alloy 51% 51% 51% 51% Warren Fdv 26% Vanadium Corp lio Vi 1107% Motors— Am Bosch Mag 49% Briggs 57 Vi 56% 57 Vi 56 Chrysler Corp .119% 118% 119 117% Eaton Axle 68 Graham Paige 47% Gen Mot Nev... 83 82 82V, 81% General Motors. 205% 205 205% 203% Hudson 80 84% 84V, 84 1 a ■n 13% 13Vi 13% 13% Mack Motors 1 ..109% 108% 109 106% Marmon 71 70% 71 70 Reo 28% 28% 28% 28% Motor Wheel 43% 44 Nash 115% 113% 115% 109% Packard 143% 142% 143 142% Peerless 20 Pierce Arrow ... 34% 34% 34% 34% Studebaker Cor.. 97 96% 96% 95% Stew Warner ...144 143% 144 141% Murray B 75 7434 Timken Bear .. 79 78% 79 77% WiUys-Overland. 37 30% 30% 30 Yellow Coach... 38 37% 37% 37% White Motor... 45 44% 45 45 Mining— Am Smlt it Rfg.lll% 106 111 105 Anaconda Cop ..125% 124 125 Andes 51% 50% 50% 50% Cerro de Pasco 105 104 Chile Copper .. 90% 90 90% 90% Oreene Can Cop. 180% 180 180 146% Inspiration Cop. 47% 46% 46% 46% Int Nickel 70Vi 69 69% 6834 Kennecott Cop .154% 158% 154 IBS Vi Magma Cop 67% 67% Nev Cons 45% 45 45 45% Texas Gulf Sul.. 78 77% 77% 77% U S 5me1t...... 68% 68% 68% 67% Oils— Atlantic Rfg 60% 59% 59 Vi 39% Barnsdall (A)... 43% 42% 43 43 Freeport-Texas.. 54% 53Va 53V, 53 Houston Oil .... 91% 90 90 Indp Oil & Gas. 31% 31% 31% 31 Marland Oil 403. Mld-Cont Petrol. 33% 33 33 33% Pan-Am Pet B. 45% 45% 45% 46% Phillips Petrol . 40 39% 40 39% Prairie Oil 58% 59% 59% 61 Union of Cal 50 Pure Oil 25 24% 247, 25% Shell 28 28% Simms Petrol ... 22% 22% 22% 22% Sinclair Oil 41% 40Vi 40% 40-a Skelly Oil 39% 38% 39 36% Std Oil Cal 68% 68 68 69% Std Oil N J 52 51% 51 Vi 51V, 3td Oil K J .... 42% 42% 42% 42% Texas Corp 62% 62 % 6 n \ 62% Transcontl 10% 10% 10% 10% White Plagle 32% 32% Industrials— Allied Chemical. 278 V, 276 Armour A 17% 17% 17% 17% Amer Can 114% 113% 114% 114 Alaska J g% ... Am Safety Raz.. 71% 71% 71% 71% Am Ice 40% 39% 39% 40% Arn Wool 24 23% 23% 24V, Curtiss 156% 155% 156 155% Coca Cola 171% Conti Can 64% 63% 64% 63% CertalfUeed ... 26 25’*/, Congoleum 38% 31% 33% 31% Daviton Chem .. 63% 62% 63% 63’, Du Pont 169% 169 166% 186% Famous Players.. 63% 63% 83% 62% Fox A 96% 95% 95% 96 Gold Dust 79% 78% 79% 78% GUdden 40% 40% Int Paper 63% Int Harvester ..105% 105 105% 98% Lambert 136% 134% 134% 131% Loews 75% 74% M% 74% May Stores 101% ... Montgofn Ward.. 146% 141 144% 144 Natl C R 141 *4 138 Vi 139% 125 Pittsburgh Coal. .. ... 72 72Vi Owens Bottle... 89 87 89- 91 Radio Corp 364 360 363 357 Real Silk 75 74 74 74 Rem Rand 30% 30% 30% 30% Sears Roebuck.. .171% 169% 171 Vi 169% Union Carbide ..220% 215 220% 210*4 Victor 148% 148% 148% 148 Unlv Pipe 19 19 USCs Ir Pipe.. 45 44% 44% 44% U S Indus Alco 143 140% 141% 138% Wiight Aero 274 273 273 270% Utilities— Am Tel & Te1...206% 205% 206% 204% Am Wat Wks 86 83% 84 81 Brklyn-Manh T.. 78% 78% 78% 77% Col G & E 150 149% 149% 149 V, Consol Gas ....1137a 111% 111% 111 Elec Pow & Lt.. 55Vi 54% 54% 54 Interboro 56% 53 Vs Nor Amer C 0... 96% 95% 98% 957, Natl Power 51% 50% 50% 49% S Cal Edison .. 58% 58 56 % 577i Pub Serv N J 80% 86 88% 8 i% Std Oas it El. ... 89% 88% 89% 87 Utilities Power.. 42%. 41% 41% 4lVg West Union Tel 199% 199 199% 19974 Foods— Am Sug Rfg .0. 94% 92% 94% 91 Kroger "..116 115% 115% 114% Austin Nichols.. 7% 75s 7% 7 Beechnut Pkg 94 California Pkg 75V, 76 Corn Products .. 88% 88% 88% 88% Cudahy 64 617, 63% 63% Fleischmann Cos. .. ... 80 7fi Kraft Cheese 36% 36% Natl Biscuit 190% 188 189% 189% Natl Dairy 132% 181% 132% 129% Postum Cos .. .. . . 75% 74% 74% 74% Ward Baking B 18 17% 17% 18 Tobaccos— Am Sumatra ... 56Vi 56 Am Tob B 183% 182% 183 182% Con Cigars 93 92% 93 92 V, General Cigar.. 70% 69% 70% 69 Lig St Myers 96% 95% 96 95% Lorillard 25% 25% 25% 26 R J Reynolds 157% 157 Tob Prod (B>.. 99 98% 99 97% United Cigar St 24% 24 24 24% Schulte Ret Strs 35% 35%. 35% 33% BLANCHE SWEET DENIES SPLIT WITH HUSBAND Actress Says He’li Clear Self ol Charge of Stealing Tully’s Love. By United Press HOLLYWOOD. Cal., Jan. 25. Blanche Sweet, film actress today denied published reports that she and her husband, Marshall Neilan, had separated. Miss Sweet said emphatically she had faith in her husband’s assertion that he will be able to prove himself innocent of charges made in a divorce action recently filed by Jim Tully, author.
MONEY TO LOAN —ON—MORTGAGES STATELIFE Insurance Cos. tttft (TATE LIT* BLDG.
PORKERS DROP 15 TO 25 CENTS IN STOCKYARDS Vealers 50 Cents to $1 Higher; Cattle Scarce; Lambs Steady. Jan. Bulk. Top. Receipts 17. 89.60 (fj.9.65 $9.65 5,000 18. 9.50 9.50 11.000 19. 9.45 9.65 5.000 21. 9 35 9.35 8.000 22 9.50 9.60 9.000 23. 9.75 9.85 8.000 24. 10.00 10.00 10.000 25. [email protected] 10.00 10,500 Hogs opened steady to 15 cents lower on weights up to 160 pounds, others largely 25 cents lower. The bulk of 150-300 pounds brought $9.75 to $lO mostly $9.85 today at the local stockyards. Receipts were slightly higher than Thursday’s estimated at 10,500, and holdovers were numbered at 440. Cattle were scarce to generally steady. One load of beef steers brought sl3. Vealers were 50 cents to $1 higher. The top brought sl9 and the bulk sold at $17.50 to $18.50. The sheep and lamb market opened steady. Top fat lambs sold at sl9, and the bulk brought sl6 to sl7. Culls and throwouts were bringing sll to sls. The Chicago hog market opened 15 to 25 cents lower than Thursday’s average or around 50 cents lower than Thursday’s best time. Several loads of choice 180-270 pounders brought $9.50 to $9.60. Receipts were 47,000, including 3,000 directs, and holdovers were numbered at 15,000. Cattle receipts were 3,000: sheep receipts were 10,000. Hog prices today were as follows: 250-350 pounds, $9.25 to $9.85; 200250 pounds, $9.75 to $10; 160-200 pounds, $9.75 to $10: 130-160 pounds, $9.40 to $9.75; 90-130 pounds, $7 to $9.25, and packing sows, $8.25 to $9. Cattle receipts were 500; calf receipts were 600; beef steers, $10.50 to sl3; beef cows, $7.50 to $9.50; low cutter and cutter cows, $5.25 to $6.75; vealers, $17.50 to sl9; heavy calves, $7 so sl2, and bulk stock and feeder steers, $8 to $10.50. Sheep receipts were 600; top fat lambs, $17.25; bulk fat lambs, $15.50 to sl7; bulk cull lambs, $10.50 to sl3, and bulk fat ewes, $7.50 to $lO. —Hogs— Receipts, *0,500; market, lower. 250-350 lbs $ 9.25(i? 9.85 200-259 lbs 9.75(3:10.00 160-200 lbs 9.75® 9.75 130-160 'bs 9.40© 9.75 90-130 lbs 7.00©.9.25 Packing sows' 8.25® 9.00 -CattleReceipts, 500; market, steady. Beef steers $10.60®13.00 Beef cows 7.50© 9.50 Low cutters and cutter cows. 5.25© 6.75 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 600; market, higher. Best Veals [email protected] Heavy calves 7.00® 12.00 —Sheep— Receipts, 600; market, steady. Top fat lambs $17,25 Bulk fat lambs [email protected] Bulk cull lambs 10.50{i13.00 Bulk fat ewes [email protected] Other Livestock By United Press CHICAGO. Jan. 25.—Hogs—Receipts, 47.000; market slow and prices 157*250 lower; large packers inactive; top, $9.75; very few loads above $9.80; largely a $9.45 to $9.60 market on weights between 160 and 290 lbs.; butcher medium to choice 250-350 lbs., $9.35<5/9.65: 200-250 lbs.. $9.40(/i 9.70; 160200 lbs., $9.40@9,75; 130-160 lbs., $8.75® 9.60; packing sows, $8,506/ 9; pigs, medium to choice 90-130 lbs.. s7.soft/8.75. Cattle—Receipts. 3.000. Calves—Receipts, 1.000; steers and yearlings fairly steady with Thursday’s closing market Which was weak to lower than early that day; Shipper demand very narrow; better grade she stock slow; common and cuttery kinds getting action. Slaughter classes steers, good to choice. 1.300-1.500 lbs.. $ 3® 15,35; 1.100-1,300 lbs.. sl3® 15.. P; 950-1 100 lbs., slS@l6: common to medium 850 los.. $9.50 @l3; fed yearlings good to choice, 750-950 lbs., $13@16: heifers, good to choice, 850 lbs. down. $11.25© 13.50; common and medium. $8,256*11.25; cows, good to choice, $8.25©10.75: common to medium, [email protected]; low cutter and steers, s6@7; bulls good to choice (beefi. $9.25® 11.3#; cutter to medium. [email protected]: vealers (milk fed), good to choice. [email protected]: medium. sl3® 14; cull and common. *8.606/13: stackers and feeder steen good to choice (all weights). $10,50© 11.76; common to medium, $8.256j! 10.50. Sheep—Receipts, 10,000: market, opening fairly active and about steady; bulk fat lambs. $18.50@17: early top. $17.25; fat ewes. i9.50®.10.50; feeding lambs steady, lambs, good to choice 92 lbs. down. $16,254/17.40; medium. $14.754716.25; cull and common. $10.254/14.75: ewes medium to choice 150 lbs. down. $8,256/10.65; cull and common. [email protected]; feeder lambs, good and choice. $14,501/16. By Z T nited Press PITTSBURGH. Jan. 25.—Hogs—Receipts, 2 300: market. 256/ 35c lower; 250-350 lbs., slo® 10.20: 200-250 lbs., [email protected]: 160200 lbs., $10.1061 10.25; 130-180 lbs., $9,254* 10.15; 90-130 lbs.. $7.7561,9.50; padking sows, [email protected]. Cattle—Receipts. 50; calves. 50: market, steady: beef steers. $10.50® 13.50: light yearling steers and heifers, $94/13: beef cows. $7©9.50; low cutter and cutter cows. *5446.50: vealers. $14*118; heavy calves. sll® 17.50. SheepReceipts. 850; market, fully steady; top fat lambs. sl7; bulk fat lambs, $14.50® 17: bulk cull lambs. s9@l2; bulk fat ewes, s7@9. By Times Special LOUISVILLE. Jan. 25.—Hogs—Receipts, 1 500; market 26c lower; heavv and medium hogs, 180 lbs. up, [email protected]: pigs and lights. 90 to 180 lbs.. $7 [email protected]: light pirs. 90 lbs. down. $6.20. stags and throwouts. [email protected]. Cattle—Receipts, 200: prime heavv steers. sl2© 13.50: heavy steers. [email protected]: heavv shipping steers. $lO6/12: medium and plain steers. $8.50© 10; fat heifers. $7,506*11.50: good to choice cows. $8,256*9.50: medium to good cows. $6,504*8.25; cutters. *5.504/ 6: canners. $4.50 ©5: bulls, $6 506*9.1/0; feeders. $84*11.50; stockers. $6.50#11.25. Calves—ReceiDts. 100; market steady, good to choice. $13.50 4/15.50; medium to good. sll® 13. Sheen— Receipts. 50: market steady; lambs, $12.50 4*13: seconds. $8,504/ 10; sheep, s44*B. Thursday’s shipments: Cattle, none; calves, hone; hogs. 327; sheep, nijne. Bn United Press CINCINNATI. Jan 25.—Hoes—Receipts. 3.500: holdovers. 120: market 25j*75c lower: 250-350 lbs. $8.75© 10: 200-250 lbs.. $9,756/10: 160-200 lbs.. 59.65@10: 130-130 lbs.. $8,254*9.75; 90-130 lbs.. s7© 8.25: packing sows, $7,256*8.25. Cattle—Receipts. 600: cslves. 325: market steady: beef steers. $94/12.50: light yearling steers and heifers. $9.50 ® 13: beef cows. SB4/9.50; low cutter and cutter cows. $5.75fd)7;; vealers. sl3® 17.50: heavy calves. s9@l4. Sheep—Receipts. 125; market steady; top fat lambs, sl7; bulk fat lambs. $154*16.50: bulk cull lambs, slo© 13; bulk fat ewes. S6@9. Bu United Press „ _ EAST BUFFALO. Jan. 25.—Hogs Receipts, 3.500: holdovers. 500; market steadv to 40c lower: 250-350 lbs., $9.5041 10: 20G-250 lbs.. [email protected]; 160-200 lbs., $9,354*10.25: 130-160 lbs.. $9.25 S 10.15; 90130 lbs., $8©9.25: packing sows. $84*8.50. Cattle—Receipts. 250: calves. 600: market steady to 25c up: market steady; beef steers. $114*13.50: light yearling stockers and heifers. $121*14.25: beef cows. $8,256* 10: low cutter and cutter cows, ss@7: vealers, $18.50@19. Sheep—Receipts. 4.800; market steadv to 25c up: top fat lambs, $17.40: bulk fat lambs, $10.75® 17.25; bulk cull lambs. $10.50® 13.50; bulk fat ewes. $8.50®9.50. ITALY SWELLS, NAVY Thirteen New War Craft Ordered by O.binet. Bti United Press ROME, Jan. 25.—The cabinet approved today the construction of two ten-thousand ton cruisers, two scout ships, four destroyers and fivesubmarines.
Local Wagon Wheat
w ! City arete elevators ere paying *1.32 lor No. 2 red wheat and $1.17 tor No. 2 bard.
THE INDIANAPOLIS TIMES
Produce Markets
Butter (wholesale)—No. 1. 51 @62c; No. 2 48@49e. Butterfat—Lb.. 48c. Cheese (wholesale selling price per pound)—American loaf. 33c: pimento loaf. 35c: Wisconsin flat. 29c: prime cream. 27c; Daisy. 26c; Longhorn. 26c; New York limberger. 30c. Eges—Buying prices: Fresh delivered at Indianapolis, loss off, 32c. Poultry (buying prices) Hens. 25® 26c; Leghorn hens. 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. li;@l7c: guineas, young 50c: old. 35c: turk <ys. o. 1 young toms. 12 lbs. and up. 3h6*3Bc: No. 1 young hens. 36c a lb.: No. 1 old toms. 22@25c: No. 2. old hens. 25®30 a lb. GRAINS GO UP; WEATHER AIDS BULUSHTREND Further Boosts Forecast on Later News From Winter Belt. By United Press CHICAGO, Jan. 28.—A1l grains opened strong and moved upward on the Board of Trade here today. Existing weather conditions had a bullish influence on trading. At the opening, wheat was % to % cent higher, corn was up to % cent, and oats were Vs to Vi cent higher. Provisions were about unchanged. Sentiment in wheat is divided more evenly and, although American prices still are above European levels, many look for higher movements if news from the winter belt becomes more bullish. Weather this morning was much colder. Liverpool opened lower than expected. Corn has been getting good support on the declines, but many longs who sold out May around $1 are waiting for still lower prices before reinstating their lines. The seaboard reported export sales of 200,000 to 250,000 bushels the first in some time. Trading in oats has been more active, but realizing sales have been tending to offset commission house buying and the strong cash market. Chicago Grain Table ——Jan. 25WHEAT— Prev. High. Low. 12:00. close. March 1.27 1.25% 1.26'% 1.25% May 1.30% 1.29% 1.29% 1.28% July 132% 1.30% 1.31% 1.30% CORN— March 99% .98% .99% .98% May 1.03>/4 1.01% 1.03 1.01% July 1.05 1.03% 1.04% 1.03% OATS— March 54% .54 .54% .53% May 54% .53% .54% .53% Julv 51% 50% .51% .50% RYE— March 1.10% 1.10% 1.10% 1.09 May 1.12% 1.11% 1.12% 1.11% July 1.10% 1.09% 1.10% 1.09 LARD— January 11.95 11.97 March 12.15 12.15 May ... 12.42 12.40 12.42 12.40 July 12.70 12.70 RIBS— January 12.80 May 13.25 13.20 By Times Special CHICAGO. Jan. 25.—Carlots: Wheat, 14; corn. 232; oats, 45; rye. 0. Marriage Licenses Donald Parkhurst, 24, of 2149 South New Jersey, fireman, and Rachel Truzel, 23. of 2149 South New Jersey, housekeeper. Edgar Burns. 24, of 1101 Gross, chauffer, and Hazel Elkins, 22, of 624 North Illinois, beauty operator. John Temple. 37, of 530 West Thirteenth, porter, and Elva Keller, 48, of 887 West Pratt, housekeeper. Everett Johnson, 23, Westfield, college instructor, and Dorothy Crosby, 23, of 2914 f^uckle. Herbert Duckwall, 53, of 3818 North Delaware, manufacturer, and Eleanor Bliss, 39, of 3650 Washington boulevard Robert Cottengen, 24. of 1429 Haugb, laborer, and Nellie Graves, 17, of 1437 King. David 3ryant, 39. of 2341 Wheeler, laborer, and Anna Thompson, 40, of 2402 Wheeler, maid. Births Boys Henry and Mary Shofner, 914 East New York. Francis and Eugenia Anoskey, Christian hospital. James and Katherine Reugamer, 257 South Keystone. Johi and Mary Zonzoles, 964 North Belmont. .James and Alice Lindsay, 24% Eastern. Eli and Maud Baldwin, 3833 East Eleventh. Girls Leonard and Opal Kord. 522 Cottage. Dow and Haze! Hail. 921 Birch. Rav and Ruth Norton, 610 East Twentyfourth. Fred and Freda Fries, 922 North De Quincy. Deaths Rose Marie Powell, 3 mo., 10J5 Haugh, influenza. Cora Broyer, 56, Long hospital, pneumonia. Mary Margaret Schwartz, 87, 626 North Alabama, Influenza. Lucinda E. Caton, 63, 2942 College, aepJohn D. Foster, 71, 5668 Guilford, arteriosclerosis. Margaret Anderson, 57, 1729 Park, carcinoma. Kenneth Lee Denny, 20 mo., Riley hospital. diphtheria. John M. Burrell, 65, 913 Indiana, hypostatic pneumonia. Robert H. Overstreet, 52, 3t. Vincent’s hospital, pulmonary edema. Mary O. La Zear, 79, Methodist hospital. 'chronic myocarditis. Edgar C. Andrews. 77, 1215 North Tacorr.a. acute myocarditis. Bernard Hines, 5 mo., city hospital, broncho pneumonia. Nellie J. Little. 58, 743 South Meridian, apoplexy. Michael Wall, 81. 1527 English, arteriosclerosis. John Cook, 72, St. Vincent’s hospital, carcinoma. . _ James O. Brooks, 23, Long hospital, meningitis. John W. Russell, 47, city hospital, coronary sclerosis. Mary Hardy. 68, 1938 Columbia, acute dilatation of heart. Albert Wilson Childress. 61, Dennison hotel, cerebral hemorrhage. Robert W. Cuthbertson. 1. St. Vincent’s hospital, acute gastro enteritis. John W. Bursott. 70, 644 Laclede, chronic mvocarditis. Cory Mull, 71, Christian hospital, diabetes. Alfred H. Johnson, 78, 644 East Thirteenth. carcinoma. James Dugan, 63. 114 North Dr.exel, chronic myocarditis. Esther Miller, 59. 617 North Delaware, valcular heart disease. Charles E. Routh, 31. Central Indiana hosnital. general paralysis. Hurry Holmes. 55, courthouse, acute dilatation of heart. Nettie Curry. 48, Long hospital, paralysis. Building Permits H. Beckenbaugh, garage, 1942 Bloyd, S3OO. E. Holton garage. 1254 South Hiatt. $364. J. Larison. repairs, 802 West Twelfth, $350. G. Delbaur, garage, 802 North Hamilton. S2OO E. Edwards, garage. 3827 Ruckle. $235. V. Hudson, dwelling, 3114 North Harding, $2,300 N. Fljnn, dwelling, 1226 North Colorado, $4,200. TWO FIRMS ARE ROBBED Burglar Falls to Get Loot in Garage; Check Supply Company. The doer of the Indiana Printers Supply Company's storage room, 114 South Capitol avenue, was forced open early this morning and the place ransacked. A check to find if anything was taken will be made today. The same robber, apparently, broke Into the Reed-Miller garage, 111 Kentucky avenue. Nothing was taken.
RALLY TO BALK HUGE BOOST IN DRY FUND Administration Hopes to Kill $25,000,000 Increase in Committee. BY CECIL OWEN United Press Staff Correspondent WASHINGTON, Jan. 25.—Opposition to the $24,000,000 prohibition rider on the deficiency bill gathered strength today as the administration moved to defeat the amendment In conference beween the two houses of congress. Four of the six conferees to be appointed by senate and house for consideration of the deficiency bill are regarded as hostile to the amendment, it was learned. Sentiment also is strong against the tax refund publicity clause. Secretary Mellon, it become known, is even firmer in his opposition to the amended Harris amendment which would create a total dry enforcement fund of $37,500,000 to be spent under the direction of the President than he was to the former proposal to place the entire fund in his hands. The treasury head favors waiting until the commission President-Elect Hoover is to appoint has completed its study before adding to the nation’s bill for dry law enforcement. Split in Dry League Dissension in the ranks of the Anti-Saloon League over the $24,000,000 appropriation partially was healed today when F. Scott McBride, general and legislative superintendent, offered to relinquish the latter post. Mcßride’s dual leadership of the dry league has been challenged by other league officials because of differences within the organization brought to the fore by a dispute about the proposed txtra dry fund. Replying to his critics today, McBride said: “I believe I have been consistent in my stand. From the very first I advocated the increased appropriation, but I also agreed with Mr. Mellon that the additional funds should not be handed out haphazardly. The original amendment, as drafted by Senator Harris, was a blanket appropriation and it later was changed in accordance with my views. “I could not tolerate careless or loose appropriations and the business men who. back the league would not stand for our indorsement of such appropriations.” Ready to Give Up Job Acknowledging the existence of some disaffection within the league, Mcßride said: “I have enemies within the league and some have ‘sore thumbs’ because of my selection as general superintendent, but I believe the league is operating as harmoniously a 5; it ever did. I would be glad if the executive committee would select a man to handle the legislaitve work under my jurisdiction. It certainly would take a great amount of detail from my shoulders.” Critics of Mcßride charged he was neglecting his legislative duties and regarded a statement by Bishops S. E. Nicholson ana James Cannon Jr. as a repudiation of the superintendent’s stand on the big dry fund. Holds Congress Safely Dry "I do not so regard the bishops’ statement,” Mcßride said. “If I had written it, I would not have included certain parts, which were intended as a move to force Mellon to accept the appropriation. With a dry majority in congress there was no need to have Mellon’s indorsement.” Mcßride added that the fact the next congress will have 329 dry members in the house, compared to 106 wets, and 80 drys in the senate against 16 wets, answers the charge that he was neglecting the legislative work.
Indianapolis Stocks
—Jan. 25 Bid. Ask. Amer Central Life 750 Belt R. R & Stkvds pld 58% 62% Belt R R & Stkyds com 69 71 Circle Theater com .....104 gentral Ind Power Cos pfd.... 95 99% lties Service com fifiji ... Cities Service Cos pfd 93% ... Citizens Gas Cos com 35 40 Citizens Gas Cos pfd 99 102 1 /i Commonwealth Loan Cos pfd..100% ... Equitable Securities Cos com.. 45 Hook Drug Cos com 40 ... Horuff Shoe pfd 14% 15% Indiana Hotel Cos com 125 Indiana Hotel Cos pfd 100 Indiana Service Corp pfd .... 90 91% Indianapolis Gas Cos com .... 67 61 Indpls & Northwestern pfd... 5 ... Indpls Water Wks Cos 5s pfd. 102 103 •Inpdls P & L 7s 97 99 % Indpls P & L pfd 6%s 105 105% Indpls Pub WLLn Assn .... 47% .. Indpls St Ry Cos pfd 35 37 Indpls Water Cos pfd 100 103 Interstate P S C prior Hen 103 106 Interstate P S C 6s pfd 95 98% Merchants Pub Util Cos pfd... 101 Metro Loan Cos 8s 100% ... North Ind Pro Serv Cos 6s 99% 103 Northern Ind Pub S Cos 7s ...108 Progress Laundry Cos com ... 46 49 E Rauh 50 Rea! Silk Cos pfd 99 Standard of Indiana 90% ... T H I & E Trac com I T H I & E Trac pfd 9 T H Trac & Lt 96% ... Union Traction Cos com % Union Trac Cos Ist pfd 1 Union Trac Cos 2nd pfd 'A Union Title Cos com 41 55 Van Camp Ist pfd 98 104 Van Camp Prod 2nd pfd 92 —Bonds— Belt R R & Stk Yds 4a 88 Board Ripple Trac Cos 6s 70 Central Ind Power Cos 6s ....100% ... Citizens Gas Cos 5s ... . .... 99% ... Chi S B <k N Ind 20 Citizens Gos Cos 5s 102% 104 Citizens St R R 5s 84 86% Gary St Ry 5s 86 90 Home T Ae T of Ft. Wavne 6s. 103 Indiana Hotel Cos 5s 101 Ind Northern Trac Cos 5s 3% Ind Ry & Lt Cos 5s 99 Ind Service Corp 5s 92 Indpls Powei & Lt Cos 5s .... 99 100 Ind Union Trac Cos 5s 1 Indpls Col & So Trac 6s 99 102 Indpls Gas Cos 5s .....100% ... Indpls & Martins Trac Cos 55.. 16 Indpls Nor Trac Cos 5s 8 12 Indpls & N W Trac Cos 5s 18 Indpls St R.v 4s 63 65% Indpls Trac dc Term Cos 55... 95*4 97 Indpls Union Ry 5s 101% ... Indpls Water Cos 4Vis 95 96 Indpls Wa Cos 1953 5%s 102% 104% Indpls Water Cos 5s 98 Indpls Water Cos 4%s 9o Water Works Sec 5s 95% ... interstate Pub Serv 4%s 90% ... Interstate Pub S Cos 5s ....... 97 Interstate Pub S C 6%s 105 N Ind Pub Service 5s 100 Nor It'd Tell Cos 6s 98% 100 T H I & E Trac Cos 5s 95 Union Trac of Ind Cos 65..../- 9% 12% T H I & E Trac Cos 32 —Government Bonds—--Ist 3%s 99.06 99.28 Ist 4%s 99.98 100.18 4th 4Vis 160 02 100 22 Tr. 4%s 110.22 110.44 Tr. 4s 105.16 105.38 Tr. 3%a 102.26 106.46 Tr. 3%s 67.80 -97.80 —p a lev—
Singers Here
iilr ’ *■ -5
Miss • Roena Muckelroy (above) dramatic soprano, instructor in voice at Lincoln university, Jefferson City, Mo., specially engaged for a concert appearance at the Walker theater next Thursday, Friday, and Saturday nights, in addition to the week’s showing of “King of Kings.” Millard Burwell, (below) tenor, whose singing has been favorably compared to that of Roland Hayes. He appears each night next week at the Walker theater, as an extra added attraction, in a selection of sacred solos including his famous “Crucifixion,” accompanied by J. Harold Brown.
The City in Brief
SATURDAY EVENTS Beta Theta PI luncheon. Board of Trade. Sigma Alpha Epsilon luncheon, Chamber of Commerce. Seven Boy Scout troops will take part in a district rally tonight at the Central Christian church. Delaware and Walnut streets. Various Scout activities will compose the program. The Jean Gros French Marionettes will give two performances Saturday in Caleb Mills hall, Shortridge high school, under auspices of the Alumnae Club, Kappa Alpha Theta sorority. “The Adventures of Huckleberry Finn” will be given at 10:20 a. m. and “The Magical Land of Oz” at 2:30 p. m. Proceeds will go to the city dispensary. Annal official visitation of William W. Suckow, Indiana grand commander, Knights Templar, to Raper Commandery No. 1 will be made Saturday in connection with the commandery’s work in the order of the Red Cross and Malta. A $l5O adding machine, a S6O electric drill, a S4O emery wheel and clothing were stolen from the John Irwin Plumbing Company, 910 East Sixteenth street, Tuesday night. HUNT WRECKER OF CAR Thief, Who Abandoned Auto, Sought by City Police. Police today sought an auto thief who was forced to abandon the car of A. P. Walker, New Augusta. The auto was stolen from a downtown street. It was damaged in a collision with another car at Fairfield avenue and Watson road. The other car driven by, Aaron L. Arnold, 3851 Broadway also was damaged. Miss Esther Arnold, riding with her brother, was cut on the face by glass. The thief sped away from the accident scene. Police found the car on a vacant lot on Fairfield avenue. William Smiley, 1919 West Tenth street, was arrested on speeding and faulty brake charges, when his car collided with one driven by George Thompson, 1202 West New York street, at West New York street and Beauty avenue, Monday night.
Commission Row
PRICES TO RETAILERS FRUITS Apples—Box Jonathan. *2.5082.75; basket Jonathan, 51.5052.25: box Delicious. $2.50412.73- box Grimes, $2.2503.75: basket Grimes. $1 50412.25: basket Winter Bahamas. $1.7502. Cocoanuts—s6.so a bag of 100. Cranberries—ss a 25-lb. box: $lO a 50lb. box. Grapes—Emperors, lugs, $2.50; kegs. *4; Almerla. keg. $6. Grapefruit—s3.so 03.75. Lemons—California, a crate. *7.2307.50. Limes—Jamaica. 100 by count. $2.255i ?.50 Orange—California naval, a crate. $6 @6.50: Florida. $3.75 04.25. Persimmons—Japanese. *1.7802; 40 to 70 count. Pears—Bose. box. $4 50: Anjau. $4.75. VEGETABLES Strawberries—Florida. 90c a quart. Artlchok'-s-j-$1.75 a dozen. Beans—Southern stringless. *5.50 a bushel. Cabbage—Wisconsin, a lb.. 3%@4c. Cauliflower—California. $2 25. Carrots—California: 90c a dozen bunches. Celery—California rough, a large crate $6.5007. K*le—VirgSia en 52*[email protected] bushel: crate S3 50. Letuce—California head, a crate. *4.25@ 4.50: home-grown leaf, a bushel, *2.15® 2.25. Onion*—Yellow, a 100-lb. bag. *505.5.. Spanish, a crate. $2.50 8 2.75: Western. $5.50 a 100-lb. bag. Parslev—Home-grown, dozen bunches, 50c. Peas—California. $7 45-lb. box. Peppers—Florida, per crate, sl4: oeek baskets. $2. Potatoes—Michigan round whlte.lSOiba $2,10@2J5: Ohio. *1.5001.75; Idaho. *2.50 a Radishes Button hothouse, dozen bunches. 60c. Spinach—Texas, a bushel. *l@Las. Sweet Potatoes—lndiana Jersey. *3 a bushel; No. 2. *1.75 a bushel. ' i
PUBLIC TO HEAR COMPOSITION BY NEGRO MUSICIAN \ ' Song by Teacher Chosen for Presentation at Metropolitan School. “Love Leads Me Like a Light,” a musical composition by Miss Sydonia Byrd, music teacher at the Cosmopolitan School of Music and Fine Arts, is among the ones chosen to be presented in the Odeum of the Metropolitan School of Music tonight. Miss Byrd is a graduate of the New England Conservatory of Music in Boston and is specializing in composition under A. Haig, a teacher at the Indiana College of Music. The composition favorably was received at a tryout at the Jordan School of Music recently. Words of “Love Lead Me Like a Light” are by Countee Cullen. A pupil of Professor Priemonde is scheduled to sing the song tonight with Miss Byrd at the piano. Dr. Charles Sumner Williams, pastor of St. John A. M. E. Church, Seventeenth street and Columbia avenue, is scheduled to deliver a special address at the church Sunday night. Book Talk Scheduled A large number of visitors are expected at the evening services. The announcement of a special address by Dr. Williams usually attracts large crowds from various sections of the city. The subject Sunday night will be “The Great Battles of History.” Jack Stevens, manager of the book department at Stewart’s book shop, will speak at the Y. W. C. A. Jan- 30, on “What You Can Get From Books.” The choir chorus from the south side will sing. Mrs. O. A. Johnson, chairman of the educational department, will preside. A Boy Scout rally for all Negro Boy Scouts of the city will be held at School 42 tonight, under the direction of M. Hansbury and William Walker. The rally is under auspices of Troop 85 of School 42 of which E. W. Diggs is principalOne of the progressive series classes of Ellen V. Thomas will be presented in the first of a series of piano recitals at Mt. Paran Baptist church Jan. 27, at 3p. m. The program is under the auspices of Company C of the church. Musicale to Be Given Pupils taking part on the program are: Mary Etta Taylor, Williai: Barnes, Alice Olga Brokenbun. Delthya Logan, Ocealia Bridges, Carolyn Lucas, Hilda Mitchell, Minnie Edmonia Hardy, Mamie Marie Clay, Eudora Southern and Marjorie Bell Wilson, Mrs. Helen C. Laster, soprano, is to assist. Mrs. Sarah Mitchell is president and the Rev. C. H. Bell is pastor. The Christian Endeavor society of Allen A. M. E. church will give a musicale at the church Sunday at 6:30 p. m. Soloists on the program are Miss Pretha Wilson and Roy Rogers, Lacy Lytle is to play an instrumental solo and also a duet with Miss White. There are to be selections by the Live Wire quartet. Herbert Hickens is president and the Rev. W. D. Shannon is pastor. The Rev. C. H. Bell, pastor of Mt. Paran Baptist church, will preach to the Pew Club at the Metropolitan Baptist church Sunday at 3 p. m. Music is to be furnished by the quartet of the two churches. The Rev. J. D. Johnson is pastor. Commencement exercises at School 26 were held Wednesday morning. The Rev. J. P. Wallace addressed the class of fifty graduates. A musical program was given by the children who sang the cantata, “Rip Van Winkle.” Orphans Graduate Five children from the Orphans’ Home graduated at School 37 Thursday morning. “God’s Purpose in Relation to Man” is to be the Sunday morning subject of the Rev. J. C. Hayes, pastor of Barnes M. E. church. The infant son of Mr. and Mrs. Thomas Sloan will be baptised during the services. The subject of the evening sermon will be ‘The Great Assurance.” The order of services at the chapel of St. John the Divine (African Orthodox) Sunday morning, will be low mass at 7 and high mass and services at 11. Rector Royal S. Hoagland will be the celebrant. The subject of his morning subject is to be, “Can the Golden Rule Life Be Made Practical in These Times?” All visitors are welcome. Mrs. C. Dismukes, 838 North West
WALKER THEATRE With Pathe Present# Week of Jan. 28th Reverent! Immortal! Incomparable! Pictures! A MOBT DIGNIFIED PICTL’BIZATIOX OF HISTORY'S GREATEST TRAGEDY—THE LATE LIFE. TRIAL. CRUCIFIXION, RESSL’BRECTION AND ASCENSION OF THE CHRIST THAT OFFENDS NO SECT OK CREED. Dignified Added Attraction n b/| 1 I Aceompliibed Dramatic Soprano, Jefftryon Cltr. Roena Muckelroy r ' L >.,ii j n II Local Distinguished Tenor appearing each night Millard Burwell in a seriei of tacred lolo!. AN IMP 8E S SfVE EVENT! a a TJ Gifted organist playing a specially selected mnilc Mary Hummons score adapted to the picture. A SUPERB 2 EAJ tube: Matinee—Saturday and Sunday—Special Low Admtgalea All Week. Adult*, All Seats, 35 Cents. Children, All Seats, 15 Cents.
PAGE 29
street, is confined to her homt ©n -- account of illness. Mrs. Mary Epps, who has been 3 the house guest of Mrs. KatieBoyer. Boulevard place, during the"” last month, returned to her home in Richmond. Va., Thursday. Newton Pullins of West Twenty- " Sixth street, continues ill at the , city hospital. •N MEMORIAM—In loving remembrance of our dear beloved husband and father. William H. Alexander, who departed this life Jan. 25. 1928: “Loving dad. so true and kind. No one on earth like vou we find; For us. always, you did your best And God has given you eternal rest,” Always with constant thought of you. WIFE and DAUGHTER, and GRAND MOTHER. Interesting Program at Walker Cecil B. De Mille's great picture triumph, the stupendous “King of Kings,” will be shown at the Walker throughout next week. This epic of the New Testament has been highly recommended wherever shown. In addition to this sacred program are two specifically engaged soloists, Miss Roena Muckelroy, dra- . matic soprano, winner of the state finals in the California Eistaedfod contest: radio soloist of station KFI, Los Angeles, and gues 1 soloist of west coast theaters. San Bernardino, Cal., will be heard Thursday,, Friday and Saturday nights. Millard Burwell, local distinguished tenor who has been sea- . tured several times before the more exclusive groups of the city and state, will be heard each night in a : series of sacred selections. Burwell is to be accompanied by J. Harold Brown, music instructor.*; at Crispus Attucks high school and winner of several prizes, including the 1927 and 1928 John Wanamaker ' compositions and the 1929 Harmon award. Special organ music will be played by Mrs Mary Hummons. Usual matinees will be held, and through- >" out the week special reduced admis- *' sion prices will prevail. There is nothing in the entire program to offend the most devout - Christian or to suggest the sacrilegious. LEGION AUXILIARY TO AID IN RELIEF WORK 1929’s Program Outlined at Meeting of National Committee. The American Legion auxiliary’s , 1929 program for the relief of the children of dead and disabled World war veterans was presented to th& national executive committee of the auxiliary at the opening of a twoday session at national headquarters. . here today. The program includes: Education on the needs of dependant children,, legislative action for their benefit, , direct material relief. The auxiliary plans closest cooperation with the American Legion . national child welfare program, and have made provisions for providing . material financial support to the,,. Legion’s work. A resolution supporting candidacy of Mrs. Lowell F. Hobart for presi-dent-general of the D. A. R. was , adopted. Mrs. Hobart was the auxiliary’B first national president. . FAVOR APPOINTMENT Senate Committee Backs Marsh's” Name for Trade Commission Job. By United Press WASHINGTON, Jan. 25.—The', nomination of Charles H. Marsh, / Minesota, to be a member of the n federal trade commission, was favorably reported to the senate today by the senate interstate commerce committee. U. S. Jury Studies Two Cases By tinited Press SOUTH BEND, Ind., Jan. 25. The attention of the Federal grand ’ jury in session here was divided today between the Ft. Wayne liquor investigation and presentation of evidence in the appeal of Louis”' Goodman, millionaire department store owner of Gary, who was convicted of receiving stolen goods in federal court recently. Death Notices RUSSELL, JOHN W.—Beloved huzband of' Loreatta Russell, father of Irene and Ruby Russell, passed away Wedneaday, Jan. 23, 1929. at 1:30 p. m.. age 47 years. Services at his late residence. 130 W. Ray—mond St.. Friday. Jan. 25. at 8 p. m. Interment in River View cemetery. Seymour*. Ind., Saturday at 1 v. m. Friends Invited to both services. E. E. Gross in charge, fSeymour papers please copy.) '■'' SCHMIDT. RUTH ESTHER—lnfant daughr.ter of Henry and Lucille Jackson Schmidt, passed awav Jan. 24. 1929, at 7:40 a. m., age 1 month. 19 days. Friends may call Friday afternoon and evening at the residence. 1537 Lawton St. Funeral Saturday. Jan. 26. at 11 a. m.. at South Side Seventh-Day Adventist church. Laurel and Orange Sts. Friends invited. Burial at Memorial Park. „ - I • In Memoriam Notices IN MEMORIAM—In loving rememberance of our dear beloved husband and father,. William H. Alexander, who departed thislife Jan. 25. 1928. -j “Loving dad. so true and kind. No one on earth like you we find; For us. always, you did your best And God has given you eternal rest." Alwavs with constant thought of you, WIFF. DAUGHTER and GRANDMOTHER;
