Indianapolis Times, Volume 40, Number 232, Indianapolis, Marion County, 15 February 1929 — Page 24

PAGE 24

LOWER BROKER LOANS BOOST STOCK PRICES Gains Range to 2 Points; Few Issues Record New Highs.

Average Stock Prices

Average of twenty industrials Thursday was 306.49. up 1.58. Average of twenty rails was 154 31. off 1.19. Average of forty bonds was 95.40. off .05. BY ELMER C. WALZER United Press Financial Editor NEW YORK, Feb. 15.—Retention of the 5 per cent rediscount rate and e decrease of $101,000,000 in brokerage loans both announced after the close Thursday brought more confidence into the financial community today. Prices at the opening of the stock exchange generally were higher. The feature was a sale of 20,000 shares of International Combustion Engineering at 102%, up 1%, and anew high record. United States Steel rose % to 175%, and other industrials generally were fractionally higher. Gams ranged to two points, the maximi -n being made by Union Carbide which sold at 217. International Nickel rose 1% points to 63%. Motor shares were better. Hudson firmed up % to 86 6-4, Hupp a point to 74. and Studebaker % to General Motors opened 31%, up 5-4. Rails also participated in the general advance. New Haven rose more than a point to 91% and Erie Ts to 69%. Copper stocks continued in demand with Nevada up % at 50%. Chile, however, sagged nearly a point to 97. Andes opened 10,000* shares at 55%, up %, Anaconda 9,000 shares at 136, up % and Kennecott 5.000 shares at 162, up 1%. Bethlehem Steel rose 1% to 92%, Westinghouse Electric 3' i to 154% f Kroger Grocery a point to 108%, General Electric 1% to 237 Vi and Loews l'i to 77%. Shubert also was a strong spot, featuring the amusements. The issue rose 4% points to 72. Warner Brothers rose 2% to 130%. Westinghouse Airbrake. Victor Talking Machine, American and Foreign Power and other recent favorites were in heavy demand. North American opened 5,000 shares at, 107 Vi, up 2%, and anew record high. Consolidated Gas and Standard Gas also were in demand. Utilities Power and Light sold at 48%, up 1%, following announcement the company had secured control of several British com ianies which will be headed by e Earl of Birkenhead.

Banks and Exchange

City bank clearings figures, as given In The Times daily, are checked carefully and always are correct, barring possibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday, Feb. 15, $4,010,000: debits. *8,297,000. NEW YORK STATEMENT By United Press NEW YORK, Feb. 15.—Bank clearings. $1,780,000,000; clearing house balance. $165,000,000: federal reserve bank credit balance. $151,000,000. TREASURY STATEMENT Bu United Press WASHINGTON. Feb. 15.—The treasury net balance for Feb. 13. $77,832,787.35: customs receipts to that date. $20,365,008.20.

In the Stock Market

(B" Thomson A McKinnon) NEW " ORK, Feb. 15.—Apparently the New York Federal Reser e bank meeting ended in a deadlock. Newspaper comment is to the effect that fear of upsetting the business progress of the country dictated postponement of an advance in the rediscount rate. Intimations have come from Washington that the reduction in brokers’ loans, considering the liquidation of last week, did not come up to the expectations of the federal reserve authorities. The situation has not appreciably cleared as a result of developments and a feverish market is likely to result. We still incline to the idea that long lines should be kept well within reason.

Gone, but Not Forgotten

Automobiles reported to police as stolen belone to; Capitol Motors Company, Capitol avenue and Michigan street. Whippet sedan. M-30. from in front of 1307 East Washington street. Evan Mascoe. 921 South State street. Chevrolet sedan, 730-025, from Virginia avenue and Washington street. J. F. Brown. 37 West Twenty-first street, Chevrolet coupe. 88-084. from Senate avenue and Market street. Ford touring, 565-066. reported by sheriff at Danville, Ind.. from Danville, Ind.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: Leo Lefkovits. 3969 Carrolton avenue. Chevrolet sedan, found at New York street and White River boulevard. stripped of battery. Simon Thomas. 309 Shields apartments. Ford coupe, found at Olney street and Massachusetts avenue. The Evans Electric Company. 146 Kencucky avenue. Ford coupe, found at 1528 Mill street. Chandler sedan. 635-244. found at Allegheny and Muskingum streets. Chrysler coupe. 14-180 (1928'. no title, found parked in safety zone at Illinois and Thirteenth street. KEEPS PENCIL 36 YEARS Lead Lies in Body of Man Since 1893 With No 111 Effects. BELLEVILLE. 111.. Feb. 15. Thirty-six years ago Henry Neusel. a war veteran, swallowed a pencil about two inches long. It gave him no trouble until recently when he waa attacked by severe pain in the stomach. An operation brought forth the forgotten pencil.

New York Stocks (Ry Thomson A McKinnon! "

Feb. is— Prev. RaJlroad* High. Low. 12:00. Close. Atchison .200 200 200 200% Atl Coast Line ••• J*? Balt A Ohio 124 122% Canadian Pac ..249% 248% 248% 248% Chesa A Ohio ..211 216% 216% 215% Chesa Corp .... 84 83 83 83’A Cht A N West... 90 89 89 32% Ch! Ort West... 21% 20% 20% 17% CRI4P 133% 132% 1"3% 131% Del A Hudson 195 194 Del A Lacka 126% 127 Erie 70 69% 69 Vi 8% Erie Ist pfd ... ... 60% Ort Nor 110% 109% 110% 109% 111 Central 143% Kan City South 90 MK & T 49 48% 49 48% Mo Pac pfd 131% 130% N Y Central ....192% 192% 192% 192% N Y C A St L 138 138 NTNH&H 91% 91% 91% 90 Nor Pacific ... .. 195% Norfolk A West. 107% 106% 107% ... O W . 29 28% Pennsylvania ... 78% 78% 78% 78 P A W Va 140 Reading 108% 108 108% 106% Southern Rv 150% 150% Southern Pac ...133 132% 132% 132% St Paul 37% 36% 36% 36% St Paul pfd .... 58% 57% 58% 57% St L & S W 105 107 St L A S F 117% Union Pacific 223 221*4 West Maryiand 45% 44% Wabash ... ... 71 Rubbers— Ajax ... 9% 9% Fisk 17% 17 17 16% Goodrich 93% 92% 92% 93 Goodvear 125% 123%. li'3% 123% Kelly-Spgfld 19% 19% 19% 19% Lee 20% 20% 20% 20% United States .. 49% 49 49 49% j Equipments— Am Car A Fdy 97 95 Am Locomotive. 107% 107 107% 107% Am Steel Fd ... 71 % 70 70 70 Am B Shoe 56% 55% 55% 55% General Elec ...237’., 233% 233% 235% Gen Ry Signal.. .. ... 101% 96% Gen Tank ... ... 91 Vi N Y Air Brake . .. ... 48% 48% Pressed Stl Car. 21% 21 21% 20% Pullman 83% 83 83 83% Westingh Airb.. 49% 48% 49% 48 Westlngh Elec ..154% 151% 151% 152 Steels— Bethlehem 92% 91 % 91% 91% Colorado Fuel.. 70 69%, 70 68% Otis Steel 40% 140 40 % 40 V* Gulf States Stl 71% Inland Steel 88 87 Crucible ....... . . ... 87% Rep Iron A Stl.. 86% 85% 86 85 Sloss-Sheff 118 U S Steel 175% 174'% 174% 175% Alloy 47% 47% 47% 47 Young.stwn Stl.. . ... 109 110% Vanadium Corp 111% 109% 109% 109% Motors— Am Bosch Mag . 44% 43 43% 42% Briggs 53 51% 5i% 52 % Chrysler Coff) ..103 k 101% 101% 101% Eaton Axle 71% 71 71% 70 Graham-Paige .. 47% 46% 46% 46% Gabriel Snbbrs . 31 30% 31 30% General Motors. 81% 81 81 81% Hudson 86% 85 % 86 85% Hupp 74% 73% 73% 73 Jordan ... ... 13% Marmon 70 69 % 69% 67% Martin-Parry .. . 15% Reo 29 % 28% 28% 28 % Motor Wheel 45V* 45 45% 44% Nash 108% 107% 108% 107% Packard 135% 133% 133% 134 Peerless 19 18 18 19 Pierce Arrow .... .. 33 33 Studebaker Cor. 89% 87% 89% 88% Stew Warner ..133% 132 132 131 Murry B 74% 73% 73% 73% Timken Bear .. 77% 77 77 75% Willys-Orerland. 30% 30% 30 Vi 30% Yellow Coach... 38% 37% 37% 38% White Motor 49% 30% Mining— Am Smlt. & Rfg 117% 116 116 116% Anaconda Cop ..136% 134% 134% 134% Andes 57% 55% 56 54 7 * Calumet & H 57% 56% 56% 57% Chile Cooper 99% 97% 97% 97% Greene Can Cop 82 177% 178 177 Inspiration Cop 55% 54% 54% 54 Int Nickel 64% 61% 61% 63% Kennecott Cop ..162% 16% 160% 160% Magma Cop .... 74% 73% 73% 73% Nev Cons 51 49% 49% 50 Texas Gulf Sul.. 75% 74% 74% 74% U S Smelt 68‘i 6% 66% 67% Oils— Atlantic Rfg .... 57% 65% 56Vi 56% Barnsdall 42 41 Vi 41% 41% Freeport-Texas.. 48Vi 48 48 48 In dp Oil A Gas 31 % 31% 31% 31 Marland 0i1... 37% 37% 37% 37% Mid-Cont Petrol 31Vi 31 Vi 31 Vi 31 Vi Lago Oil & Tr.. 27 Pan-Arn Pet B. .. ... 42% 42% Phillips Petrol. 38% 38 38 38 V* Prairie Oil .... 59% 59% 59% 59% Union of Cal .. 48% 48% 48% 48% Pure Oil ... . 23"% Royal Dutch 50Vi ... Shell 26% 26% Richfield 43 V* 42% Sinclair Oil ... 41% 39% 4048 41 •Shelly Oil .... 35 34% 34% 35% Std Oil Ca 1.... 66% 66% 66 Vi 66% Std Oil N J.... 51 50% 50% 50% Std Oil NY' 40 * i 40% 40% 40% Texas Corp ... 59% 58% 59 59 Transcontl 9% 9% 9% 9% Industrials— Adv Rumely ..... ... 63 60% Allis Chalmers ... 125% Allied Chemical 287 283% 283% 283 Armour A 16% 16Vs 16% ... Amer Can 114% 112% 113 113% Alaska J ... 7% 7% Am H L, pfd .... ... 32 % Am Safety Raz 68 Am Ice 41 Vi 41% 41% 40% Am Wool ... 23% 24% Curtiss 168 156 156 154% Coca Cola 133 132% 132% 132% Conti Can 69% 69% 69% 68% Certainteed . . 23% 23% Congoleum .... 29 % 29 29 29 Vi Davison Chem,. 63% 62 62 62% Dupont 185 184% 185 183 famous Plavers. 64% 63 63 63 7 i Fox A 90 88% 88% 89 Gold Dust .... 72% 71% 71% 71% Glidden . . 40 46 Link Belt 60 59% 60 59 Int Harvester .105% "04% 105% 104% Lambert 133% 131% 131% 132 Loews 78 76% 77 76 Vi Montgom Ward.l3o’ 126% 126% 129% Natl C R 127% 126 126 126 Vi Pittsburgh Coal ... 67% 65 Owens Bottle... 97% 96 96 96 Radio Keith.... 37% 36 36 37% Real Silk 73% 73 Rem Rand ... 33% 32% 32% 32% Sears Roebuck .159% 158% 158% 159 Union Carbide ..217 214% 214% 215 Victor 149% 149 % 149 V 4 148% Univ Pipe 18 17% 17% 17% U S Cs Ir Pipe ... 4? U S Indus Alco. .144 143 143 141 7 4 Wright Aero 274 271 271 268 W’arner Bros ...130% 128% 129% 129% Utilities— Am Tel & Tel ..214 212% 213*: 211 Am Express ... 300 302 Am Wat W’ks ... 85% 84% 84% 85% Brklyn-Manh T. 75% 75 75 74% Col G A E 150 Vs 149 150% 147% Consol Gas 111% 110 110 109 Vs Elec Pow A Lt.. 62 61% 62 61% Interboro 48% 47 48% 47% Nor Am Cos 107% 137 107 104% Natl Power 56% 55 55 53% S Cal Edison ..... ... ... 61 R Serv N J 86% 85% 36% 86% Std Gas & El ... 93% 91 91 91 Utilities Power.. 48% 46% 47 46% W’est Union Tel 191 189 Shipping— Am Inti Corn .. 69% 68% 68% 68% 1 Am Ship & COm 5% 5% 5% ! Atl Gulf & W I . . .. ... 43% 1 lull Mer M pfd . 46% 44% 46% 47 United Fruit ....147% 146 146 Foods Am Sug Rfg ... 85' 84%• 84% 85 Kroger 109% 108% 109% 108% California Pkg. 77% 77% 77% 76% Corn Products. 87 86% 86 % 86 Cudahv .... . 60% 60% 60% 59% Cuban Am Sug. ... 14 14% Fleischmann Cos. 75% 75 75 74% Kraft Cheese ... 35% 35% 35% 34% Grand Union C. .. ... 26% 26% I Grand Union pfd . . . 50 50% Natl Biscuit 188% 187 188% 184% i Natl Dairy 129% 127% 129 127% Postum Cos 71 % 71% 71% 71% Ward Baking B 16% 15% Tobaccos— Ant Sumatra ... 54% 53% 54% 53% Am Tob B 174% 174% 174% 173% Con Cigars 93% 92 General Cigar 67% 68 Lig <fc Mevers ... 92% 92% 92% 94% Lorillard . 25% 25% 25% 25% R J Reynolds ... 60 59 % 60 60 Tob Froducts B 94% 94 94% 94% United Cigar St. .. ... 23 23 Schulte Ret Strs 33 32% 33 33%

LOSS IS $1,000,000 SN WAREHOUSE FIRE One Killed. Several Hurl Fighting Blaze in Buenos Aires. ItH f nitnl I’ratS BUENOS AIRES. Feb. 15.—One fireman was killed and several were injured today when fire destroyed government warehouses over an area five blocks long today. Naptha and alcohol exploding in the warehouses shot flames eighty feet into the air and showered the flaming fluid about the vicinity. Windows for many blocks around were shattered by the explosion. More than a thousand automobiles were destroyed ana damage was estimated at more than sl.000.000. although no official figures were available. Finds Gem Worth 5700 in Lard Bu f Hitt *1 Prt'fi* HUNTINGTON. W. Va.. Feb. 15. —When Mrs. E. W. Young opened a bucket of lard she had purchased her hand came in contact with a hard object. She cleaned it and discovered it was a diamond valued at S7OO.

PORKER PRICES STEADY! VEALS FIRMJN MART Better Grade Lambs Held $16.50 Down: Beef Steers Slow. Feb. Bulk. Top Receipts. 8. *10.50 $10.65 6,000 9 10.10 10.35 7.000 ll! 10.35 10.40 5.000 12. 10.60 10.65 5.000 13 10.60 10.60 8.000 14 10.50 10.55 7,500 15, 10.50 10.50 8.000 Hogs were generally steady at the city stock yards today. The bulk of 160-300 pounds brought around *10.50. Receipts were slightly higher, estimated at 8,000. and holdovers from Thursday’s market numbered 376. The cattle market was steady. No beef steers here. Vealers were also steady selling mostly $16.50 down. The top brought sl7. The sheep and lamb market opened steady. Better grade lambs held around $15.50. Light fat ewes were selling up to sll. The Chicago hog market opened slow, with a few’ early sales of choice 190-230 pound weights at $10.35 to $10.40, or 5 to 10 cents lower than Thursday’s average. Choice heavy butchers brought $10.25 to $10.30. Receipts were 46.000, including 11,000 directs, and holdovers from Thursday’s market totaled SIO,OOO. Cattle receipts were 3,000. Sheep receipts were 13,000. Hog prices today were as follows: 250-350 pounds. $lO to $10.55; 200250 pounds. $10.50 to $10.55; 160-200 pounds, $10.50; 130-160 pounds, $9.75 to $10.25; 90-130 pounds, $7.50 to $9.25, and packing sows, $8.50 to $9.50. Cattle receipts were 500; calf receipts were 800. Beef steers. $lO to $12.50; beef cows. $7.50 to $9; low cutter and cutter cows, $5.25 to $6.75; vealers. $15.50 to sl7; heavy calves, $7 to sl2, and bulk stock and feeder steers. $8 to $10.50. Sheep receipts were 500. Top fat lambs, $16.75; bulk fat lambs, sls to $16.50; bulk cull lambs, $lO to sl3, and bulk fat ewes, $7.50 to $lO. —Hogs— Reiceipts, 8,000; market, steady. 250-350 lbs 200-250 lbs 10.50fe10.55 160-200 lbs iO-SO 130-160 lbs 90-130 9-2* Packing sows 8.50fe 9.50 -CattleReceipts, 500; market, steady. Beef steers Beef cows 7.50®) 9.00 Low cutters and cutter cows.. 5.25® 6.75 Bulk stock and feeder steers... B.oofelo.ao —Calves—,t ssf'h Heavy calves 7.00fe 12.00 •—Sheep— Receipts. 500; market, steady. Top fat lambs 9\u.To , n Bulk fat lambs }5.00fe16.50 Bulk cull lambs Bulk fat ewes [email protected]

Other Livestock By United Press , _ EAST BUFFALO. Feb. 15.—Hogs—Receipts. 1,900; holdovers, 300; market, steady, 10c down; 250-350 lbs.. $10.25® 11, 200-250 lbs., $10.604,11.10; 160-200 lbs $10.75® H. 10; 130-160 lbs., $9.75® 11.10, 90-130 lbs.. $9.50® 10.25; packing sows, $8 85 (fi 9.35. Cattle—Receipts, 125: calves, 400: market, steady; market. 50c up. Beef steers, $10,504,13.50; light yearling steers and heifers. $11.25® 13.25: beef cows, sß® 9.75; low cutter and cutter cows. $4.75 ®7; vealers, $17.50@18. Sheep—Receipts, 2,800: market, 25c to 35c up; top fat lambs. $17.35: bulk. fat. lambs, $16.75® 17 25; bulk culi lambs, [email protected]; bulk fat ewes, $8.50fe9.50. Bv United Press . , CINCINNATI. Feb. 15.—Hogs—Receipts, 2 800- holdoveds. 813: market,steady to 25c down; 250-350 lbs.. slo® 10.50; 200-250 lbs $10,500,10.65: 160-200 lbs., $10.50®i10.65; 130-160 lbs.. $9.75® 1.65; 90-130 lbs.. $8fel0; packing sows, sß'/ 0 75. Cattle —Receipts. 300; market, steady; beef steers. s9® 12; beef cows. $7.50® 9; vealers. $11fe15.50. Calves—Receipts. 375; light yearling steers and heifers. $9.50® 12; low cutter and cutter cows, $5.50® 6.75; heavy calves, sß® 13. Sheep—Receipts. 275; ■ market, steady ; top fat. lambs. sl7; bulk fat lambs, sls® 16.50 bul kcull lambs, s9@l4; bulk fat ewes, $4 fe8.50. h LOUISVILLE, 10 Feb. 15.—Hogs—Receipts. 800; market. 20c lower; heavy and medium hogs. 180 lbs. up, $9.85® 10.35, pigs and lights, 90-180 lbs., s7.2a® 9.35; light pigs. 90 lbs. down, $5.95; stags and throwouts. $6.50® 7.10. Cattle—Receipts, 100; market, steady: prime heavy steers sll®. 12; heavy shipping steers, $10fell; ®edium and plain steers, sß.sofa 9.oO; fat heifers. $7.50® 11.50; good to choice cows. $8.25®9; medium to good cows, $6.25w 8.25- cutters. [email protected]; canners, $4.50 ®5- bulls, $6.50®9. feeders. $8.50®.10.50; Stockers, $6.50® 10.50. Calves—Receipts. 200; market, steady; good to choice, $11.50 ® 13.50; medium to good, s9® 11; outs. $9 down Sheep—Receipts, 50; market, steady, lambs. sl3® 15; seconds, $8.50® 12; sheep, s6® 7.50. Thursday's shipments— Hogs, 152. Bu United Press PITTSBURGH. Feb. 15.—Hogs—Receipts, 2 150: market, weak to lower; 250-350 lbs., $10.50® 10.60: 200-250 lbs.. $10.85®11: 160200 lbs., $10.50® 11: 130-160 lbs.. slo® 10.90; 90-130 lbs., $8.50® 10.25; packing sows. $8.75® 9.25. Cattle—Receipts, 50; calves, 150: market, steady; beef steers, slo® 12.25; light yearling steers and heifers, s9® 11.75; beef cows, $6.75®9; low cutter and stocker cows, $4.50®6.50; vealers. $12®16.50; heavy calves. s9® 15. Sheep— Receipts. 850; market, strong to 25c up; top fat lambs. $17.25; bulk fat- lambs. sls ft/17.25; bulk cull lambs, slo® 13; bulk faj. ewes, s7fe9. I'.’i 1 nited Press FT. .WAYNE. Feb. 15.—Cattle—Receipts. 100: sheep, receipts 150; calves, receipts 100: hogs, receipts 500; market steady to 10c lcwer: 90-120 lbs.. $8; 120-140 lbs.. $9.25: 140-160 lbs.. $9.80: 160-180 lbs., $10.15: 180-200 lbs., 310.30: 200-250 lbs., 31C.20; 250-300 lbs.. $10.05: 300-400 lbs., $9.70: roughs. $6.75: stags. $6.25; calves, $16.50; lambs, $15.50. b\t United Press TOLEDO, Feb. 15.—Hogs—Receipts. 500; market steady: heavies. $9.90® 10.40: mediums, $10.40® 10.65: Yorkers. s9® 10.60; good piga, $9 n 9.50. Cattle—Receipts, light; market steady. Calves—Receipts, light; market, steady. Sheep and lambs Receipts, light; market, steady.

YES, LOVE! 500.000 Va.‘:ntines Are Handled, Says Postmaster. Indianapolis still had the Valentine habit, according to Postmaster Robert H. Bryson. More than 500.000 valentines, ranging from candy, books, flowers and dainty lace creations to huge posters called “comic” by courtesy, were mailed this Valentine season by local lesidents, Bryson said. About 200.000 came in from other cities. | '(Wednesday ws>s the peak day. according to Bryson. About 250,000 were mailed here that day. Thursday about 150.000 were mailed Tuesdav about 100.000 and Monday 10.000. Switch Tender Killed WINCHESTER. Ina.. P'eb. 15. Howard Hines. 30. Muncie. Big Four railroad switch tender, was killed instantly two miles west of here when a speeder on which he *as riding was struck by a passengtX train. i

TOE INDIANAPOLIS TTMES

Commission Row

PRICES TO RETAILERS FRUITS Apples—Box Jonathan. 52.50®2.75: basket Jonathan. *1.50112.25: box Delicious. s3® 3.25; box Grimes. *2 25fe2.75; basket Grimes, $1.50®2.25; basket Winter Bahamas. 51.75@2. Cocoanuts—s6.so a bag of 100. Cranberries—s2.sog2.7s a 25-lb. box; $5 a 50-lb. box. Grapes—Emperors, lugs. $2.50; kegs, $4; Almerla, keg. $6. Grapefruit—s3.sofe3.7s. Lemons—California, a crate, $7.25®7.50. Limes—Jamaica, 100 by count. $2.25® 2.50. Oranges—California naval, a crate, *6.50417. , Pears—Bose, box, $4.50; Anjau, *4.70. Strawberries—Florida 60c a quart. VEGETABLES Artichokes—sl.7s a dozen. Beans—Southern stringiess. $5 a bushel. Cabbage—Wisconsin, a lb., 3%@4c; Texas, new cabbage, 5c lb Cauliflower—California. $2.25. Carrots—California; 90c a dozen bunches. Celerv—California rough, a large crate $6®6.50; Florida. $3.50 a crate. Eggplant—Dozen. $2. Kale—Virginia. $2.50 a crate. Lettuce —California head, a crate *4® 4.50; home-grown leaf, a bushel $1.50® Onions—Yellow, a 100-lb. bag, $5.50®6; Spanish, a crate, $2.50fe2.75; Western. s'6 a 100-lb. bag. Parsley—Home-grown, dozen bunenes. Peas—California, $6 45-lb. box. Peppers—Florida, per crate, sl4; peck baskets. $2. . ... ... Potatoes— Michigan round white, 100 lbs.. [email protected]; Ohio. [email protected]; Idaho. *2.50 a oag. . Radishes Button hothouse, cozen bunches. 90c. , , Spinach—Texas, a bushel, sl. Sweet Potatoes —Indiana Jersey, $3 a bushel; No. 2, $1.75 a bushel.

Local Wagon Wheat

City grain elevators are paying $1.32 for No. 2 red wheat and sl.lß for No. 2 hard.

The City in Brief

The 1929 Oracle, annual publication of Indiana Central college, will be sent to press within a few days, James Weber, editor, said. The 1928 Oracle was graded as the best publication from smaller schools. Members of the grand chapter of Royal Arch Masons from several Indiana cities attended the reception for Fred B. Clarke, grand high priest, in the lodge room of the Oriental chapter No. 117, Thursday night, A past high priest’s jewel was give nto William R. Brown by Clarke, who was elected to the office in October. Warrack Wallace, Indianapolis attorney, will give an informal address on China tonight at the dinner of the newly organized World Trade Club in the Chamber of Commerce dining room. Wallace, for six years, was in China in employ of the Standard Oil Company. Accused of stealing a motorcycle belonging to Max Emmons, 25 East McCarty street, James Durrett, 17, 905 Beecher street was held today on vehicle taking charges. Detectives said they found the motorcycle in Durrett’s barn. A concert will be given by the Indiana Central college orchestra tonight at 8 in Kephart Memorial auditorium. Nathan D. Davis, instructor in violin in the college, is director of the orchestra, Women’s and men’s glee clubs are on the program. Democratic members of the legislature have been invited to attend the Marion County Jefferson Club meeting tonight iii the club’s room on the second floor of the Denison. Issues before the legislature, including the city manager law, will be discussed.

Indianapolis Stocks

—Feb. 15— —Stocks — i. Bui. AbS. American Central L Ins C0..750 ... Belt R R & S yds Cos c0m.... 69 71 Belt RR & S Yds Cos pta oß,a 62 z Central Ind Power Cos pfd 95 99 Circle Theater 104/2 ... Cities Serv Cos com 109 2 ... Cities Serv Cos pfd 98/2 ... Citizens Gas Cos com . 38,2 Citizens Gas Cos pfd 99 l o * 3 Commonwealth L Cos pfd 100 .2 ... Equitable Sec Cos com ••• Hook Drug Cos corn 401* ... Horuff Shoe Corp com 14 3 ... Ind Hotel Cos Clapoo! c0m....120 Ind Hotel Cos pfd 100 Xnd Serv Corp pfd 90 ••• Indpls Gas Cos com •••••••••;: 81 Indpls & Northwtn Tr Cos pfd 5 ... Indpls P&L Cos pfd 10a 106 2 Indpls P& L Corp ofd 9S 102 2 Indpls Pu Wei L Assn com... 48 ... Indpls St R Cos pfd . 34 36 4 Indpls Wa Cos pfd ........... .100 I <i 103 Inter Pub Serv Cos pr li pfd.. 106 106 2 •Interest Pub Serv Cos pfd 934 97‘' 2 Merchants Pub Util Cos pfd.... 101 Metro Loan Cos ..............lOOta ... Northern Ind Pub S Cos Pjd 6s. 110 ... Northern Ind Pub S Cos pfd 6s. 100 10314 Rrog Landry Cos c0m......... 46 50 P Rauh & Sons Fert Cos pfd... 50 ... Real Silk Hosiery Cos pfd 99Vi ... Standard Oil Cos of Ind 98 7 a ... T H Indpls & E Tr Cos com. 1 TANARUS, H Indpls & E Tr Cos pfd.. 9 ... T H Trie & Li Cos pfd 96Va ■■■ Union Title Cos com 45 60 Union Trac Cos Ist pfd 1 Un Trac Cos 2nd pfd .. 14 Union Title Cos com 44Vi ... V Camp Prod Cos Ist pfd 98 100 V Cp Prod Cos 2nd pfd 92 ... BONDS Bid. Ask. Belt R R & Stock Yards Cos 4s 8C Broad Ripple Trac Cos 5s 70 Central Indiana Gas Cos 55.. 99 Central Ind Power Cos 6s 100 ... Chi. S B & N Ind Rv Ist ss. 20 Citizens Gas Cos 5s 102V2 104 Citizens Street Railroad 55... 83 85V'2 Gary Street Ry Ist 5s 85 90 Home T & T of Ft Wayne 65.103 Indiana Hotel Cos os 100 ... Ind Northern Trac Cos 5s 3Vi Ind Railway & Light Cos 55.... 98*2 ... Indiana Service Corpn. 55.... 92 Indpls Power & Light Cos 55.. 97 1 2 100 Indiana Union Trac Cos. 55.. 1 ... Indpls Col & So Trac 6s 99 102 Indianapolis Gas Cos os 100 ... Indpls & Martinsville T Cos 5s 16 Indpls No Trac Cos 5s 8 Indpls & Northw'ern T Cos 5s 16 Indols Street Ry 4s 63 66 Indpls Trac & Terminal Cos os 95 3 < ... Indpls URyss J 1965, A & B 101 Vi ... Indpls Water Cos 5 l sS 1953... .102 Vs 104 Indpls W Cos lien & ref 5s Ist 96 Indpls Water Cos 4V 2 s 95 Indpls Water Cos 5 1 2S 1953. ...102*2 104 Indpls Water Cos sVis 1954 102 Vi 104 Interstate Pub Serv Cos 4 ! 25... 91 ... Interstate Public Service Cos 5s 96 ! i ... Interstate Pub Serv Cos B 6 Vis. 104 Vi ... No Ind Pub Serv Cos 5s 100 T H Indpls & E Trac Cos 5s T H Trac & Light Cos 5s 9o ... Union Trac of Ind Cos 65.... 12 12 Northern Ind Tel 98V 100 GOVERNMENT BONDS Lioerty Loan Ist 3*2S 97.56 97.78 Liberty Loan Ist 4’45...... 99.60 99.80 Liberty Loan 4th 4Vis 99.74 99.94 U S Treasury 4 ! <s 108.4 108.64 U S Treasury 4s .... 103.40 103.60 U S Treasury 3 3 s 106.50 106.70 U S Treasury 3 3 s 96.88 97.08 —Sales--13 shares Van Camp Prod. Cos. Ist pfd 98 1.000 Indpls Street Ry 4s 63 3.000 Indianapolis Trac A* Terminal.. 95 3 < 2.00 Indianapolis Trac & Terminal... 95'z 2.000 Indpls Trac & Terminal 95 Vi SINKS WOMEN GABBERS German Actor Talks for 132 Hours Without Stopping. B§ United Pruts BERLIN, Feb. 15—This should give women something to talk about. After all these years of being acclaimed the gabbiest of- the two sexes, Herr Parlatus, a German actor sunk the female record when he talked 132 hours without stopping. ~

TONES ABROAD RAISES WHEAT PRICES IN PIT Traders Believe Reaction Due After So Rapid Advance. By Culled Press CHICAGO, Feb. 15.—Higher prices abroad gave a strong tone to July wheat here today. Larger receipts weakened March. Corn and oats were slightly lower. At the opening wheat was cent lower to % cent higher, corn was % to Vi cent lower and oats were % to V* cent lower. Provisions were slightly lower. Bullish crop and statistical news from abroad have created such widespread interest in wheat that market has advanced about 5 cents in less than a week, causing many traders to predict a reaction after so rapid an advance. Liverpool, however, was stronger today. Short interest In corn is said to be very large and, if the milder weather over belt should make roads unfit for country hauling, lighter receipts may produce a sharp advance in prices. Oats have been showing a weak tone in sympathy with the cash market, and on selling of futures by cash interests. Chicago Grain Table —Feb. 15WHEAT— Prev. High. Low. Close, close. March 1.2914 1.28% 1.28% 1.28% May 1.33% 1.32% 1.32% 1.33 July 1.35 1.34% 1.3434 1.34% CORN— March ...... .9732 .9634 .97 .9634 Mav 1.8134 .99% 1.00% 1.00% July 1.0334 1.02% 1.02% 1.02% OATS— ... March .3234 .51% .52% .52% Mav .53% .52% .53% .53 July .50% .4934 . 50% .5034 RYE— March 1.14% 1.13% 1.14% 1.1434 Mav 1.1434 1.13% 1.14% 1.14% July 1.1334 1.1234 1.13% 1.13% LARD— January ... 12.00 11.95 11.95 12.05 March 12.35 12.27 12.36 12.37 Mav 12.65 1 2.60 12.60 12.70 July 12 90 RIBS—■ January 13.40 May 13.75 Bv Times Special CHICAGO, Feb. 15.—Carlofcs: Wheat, 66; corn, 264; oats, 61; rye, 3.

Produce Markets

Butter (wholesale) —No. 1, 53@54c; No. 2, 51@52c. Butterfat—Lb., 51fe52c. Cheese (wholesale selling price per pound)—American loaf, 38c; pimento loaf, 35c; Wisconsin flat, 29c: prime cream, 27c; Daisy. 25c; Longhorn, 26c; New York limberger, 30c. Eggs—Buying prices; Fresh delivered at Indianapolis, loss off 33® 35c. 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, 10fel3c; ducks, 16fel7c; guineas young, 50c; old. 35c; turkeys, No. 1 young toms, 12 lbs. and up, 35fe38c, No. 1 young hens, 35c a lb.; No. 1 old toms. 22@25c; No. 2 old hens, 25@30c a lb. By United Press CHICAGO. Feb. 15.—Eggs—Receipts. 9.121 cases; extra firsts, 39®. 40c; firsts, 38 ®:3B%c; ordinaries, 33fe36c; seconds, 33c. Butter—Receipts. 8.208: tubs: extras, 50c; extra firsts, 48%c@49%c; firsts, 46%®. 47%c; Standards, 49%c. Poultry—Fowls, 20®31c; springs, 22@33c; stags, 26c; Leghorns, 23®. 25c; roosters, 22c; ducks, 24®. 30c: geese, 23c; turkeys, 20® 25c. CheeseTwins. 22c; Young Americas, 23c. Potatoes Market dull; arrivals, 72; on track. 225; in transit, 824; W'isconsin sacked round tvhites. 75® 90c; Minnesota and North Dakota Red River Ohios, [email protected]; Idaho sacked Russets. [email protected]. NEW YORK COFFEE RANGE Feb. 11 . Close. January 14.39 March ; 17.35 May 16.60 July 16.74 September 14.99 December 14.40 SALES TAXES OPPOSED Business Club Goes on Record Against Mersures. Opposition to sales tax bills pending in the house of representatives and a declaration that they were “nuisance taxes” is expressed in a resolution adopted Thursday 7 at a meeting of the American Business Club. The resolution said that house bills 116 and 333 are "economically unsound because of excessive administration expense and the large force needed for effective enforcement.”

WALKER Indiana Ave. and West St. Offering a Different Sort of Good Time to Pleasure Seekers WEEK STARTING MONDAY A KNOCKOUT SHOW AND WE DON’T MEAN MAYBE! Drake & Walker’s RIOTOUS MUSICAL COMEDY “JAILBIRDS” a Featuring George Williams. Henry Drake, "String Beans" Price. VViJson A, Goins. W. Drake <fc Chester Owens, Christine Daniels & Arthur Nobles. rSTn Cyclonic Jazz Band J^ zy £ Big Weekly Pictures

NEGRO PASTOR TO PREACH ON TOPIC Special Activities Slated in Colored Churches of City. “The Beginning of Lent” has been announced as the Sunday morning sermon topic of Dr. Stephen Gill Spotswood. pastor of Jones A. M. E. Zion tabernacle, Michigan and Blackford streets. Dr. Spotswood came to the pastorate of Jones tabernacle in 1928 from Virginia. Several important changes have been made during his administration. A series of Sunday night special sermons has attracted large groups. At a feature service at 3 Sunday afternoon. Dr. Charles Sumner Williams, pastor of St. John's A. M. E. church, will preach. The choir and congregation of St. John's church will join in the afternoon program. At 8 p. m. a Sing Your Favorite song sendee will be conducted. For the seventh consecutive season. Attorney F. B. Ransom will be the speaker at the Y. M C. A. monster meeting. “Watchman, What of the Night?” is the subject for Sunday. A thirtyminute musical program will include solos by Miss Helen Poarch, and selections by the Crispus Attacks high school orchestra and glee club, directed by J. Harold Brown. G, O. P. Club to Meet Monthly program of the Colored Woman’s Republican Club will be given Monday night at Shiloh Baptist church, North West and Walnut streets. Mrs. Daneva Donnell Wines, president, states that addresses will be made by W. A. Kersey, investigator for the city board of health, and Mrs. Elizabeth Jones Andrews, oi the Family Welfare Association. “Health and Relief in Indianapolis” will be the topic discussed. Miss Robertine Ferguson will give a group of musical selections. Invitations have been issued for the second annual fashion show at the home of Mrs. C. I. Taylor, Vermont and California streets. The program begins at 8; 30. Admittance is free. “The Pre-School Age Child” will be the subject of a talk by Miss Louise Briscoe, graduate-student at the University of Cincinnati. Sunday at 4 p. m. at the Y. W. C. A. New officers of the Simpson M. E. church usher board include Homer Wilson, president; Mrs. Essie Crenshaw, vice-president; J. E. Matthews, secretary, and James Pratt, treasurer. Musical Tea Booked A musical tea will be given at Walker casino Sunday from 4 to 7 p. m., under auspices of the Key Women of Calanthe courts. A ten-day revival Is to begin at Simpson M. E. church Sunday, conducted by the R*v. J. E. Hewson. Edwin Ray M. E. church choir will sing at the Simpson church Sunday morning and the Simpson choir will present the program at Edwin Rav church. ■'lt's Enough,” is the Sunday morning sermon topic of the Rev. David E. Skelton, pastor of Scotts M. E. church. The choir will give a musical program at 3:30. The Rev. G. T. Haywood will preach at both services at Christ Temple, Paris avenue and Fall Creek boulevard, Sunday. “Behold the Lamb of God,” is the morning subject and “The Foolish VirI gins.” the evening topic. The Sunday morning sermyn topic at Barnes M. E. church will be “A Pleading God.” At oight “The Songs of David,” will be the subject. The Progressive Aid Club of Barnes church will give a benefit show at Northwestern theater tonight. The play is ‘The New Woman.” The Rev. J. C. Hayes is pastor. Services at the Metropolitan Baptist church Sunday will be conducted by the Rev. J. D. Johnson, pastor, in the morning and in the afternoon by the Rev. N. E. Joseph, pastor of Antioch Baptist church. Omega wives will meet Sunday with Mrs. Emory James, 1306 Finley stseet, from 4 to 7 p. m. Mrs. W. E. Baugh is president. Mrs. H. O. Peters, 229 W. Twenty-ninth

Refuses Riches By United Press MILWAUKEE. Feb. 15. Miss Lillian Ziemer, 43. refused a bequest of $70,000 because of the “attitude of relatives” who were not named in the will of John Holler. 57. Miss Ziemer said she and Holler had been engaged. Relatives filed protests to the will charging Holler was not of sound mind wheti the will was drawn.

STUDY HOUSING FOR NEW PLANT Real Estate Board to Survey Living Conditions. Housing conditions near the factory building at Gray and Washington streets, purchased by P. R. Mallory Company of Indiana, which will move here from the east, will be studied by a special Indianapolis Real Estate Board committee, appointed today. Members of the committee are George T. Wheldon, Paul L. McCord and L. C. Holtegel. The board, at its luncheon Thursday, indorsed activities of the Chamber of Commerce industrial commission in bringing the factory to Indianapolis The plant will employ about 875 men and women and will have a montly payroll of $70,000. The board reaffirmed its approval of proposed city manager law amendments now before the legislature and disapproval of efforts to cause difficulty in their enactment. St., was hostess at a Valentino luncheon to a group of friends Wednesday. Sunday school of Allen A. M. E. church will install officers Sunday afternoon at 1 o'clock. The Rev. W. D. Shannon will preside. Mrs. Frank Hutchins, recently returned from a world tour of missionary stations, will speak Sunday afternoon at the Second Christian church, under auspices of the Katherine Blackburn missionary society. Special financial meetings at Mt. Paran Baptist church are scheduled to close Feb. 21. Willing Workers club of the New Baptist church w’ili meet Sunday at 3:30 with Mrs. Sallie Durham, 2110 Highland Place. Addresses will be made by Miss A. P, Kelly and the Rev. W. W. Wines. Qonsecration services will be held Sunday morning at St. John A. M. E. church. At night the Rev. Charles Sumner Williams will speak on “Is There A Hell?” Five hundred dollars was raised in the church rally. Crispus Attucks basketball team will play in Louisville tonight. Saturday night they will play the Oliver high school of Winchester. Ky.

Coming Attractions

Through insistence of local theater patrons, the management of the Walker theater has billed the popular Drake and Walker company for another week, beginning Monday night. A review of this show last Tuesday in this column Indicated that the patrons would ask for a return engagement. Drake and Walker is a show worthy of repetition In the best theaters. “Jailbirds” is the bill for all next week. Henry Drake says, “This is a new', highly comical attraction, replete with thrilling, dramatic moments that gives the entire company a chance to exhibit versatility ” There will be a complete change of program, costumes, scenes and music, with Henry again directing his eleven-piece band from the stage. Starting Sunday, John Barrymore will be seen in “Tempest,” his greatest picture. It is a story of a peasant's love for one woman, a blue-blooded princess, set against the background of imperial Russia. Thursday. Friday and Saturday “River Pirate” Will be the screen showing. This is a romance of adventure of modern buccaneers of New York’s waterfront. A special matinee for children is planned for every Saturday, beginning tomorrow’. Find out what the shows at the Walker are by reading this column in The Times every Tuesday. Watch for the review each week.

We Offer—sloo,ooo 7% Preferred Stock Columbia Securities Cos. MATURING JAN. 1, 1933 Price Par and Accrued Dividend $lO0 —$500 —$1,000 Denominations Dividends payable Jan. /, Apr. 1, July 7, Oct. 1 This Company has paid 24 consecutive dividends on its outstanding Preferred Stock since authorization Jan. J, 1923 Issuer’s License No. 719—Dealer’s License No. 304 Columbia Securities Company Resources Over $600,000.00 LI. 6334 152 N, Delaware St.

Now—Why Not Take That Winter Vacation Now, while disagreeable weather holds Indiana in its grip—when winter months have taken their toll of vitality stored up during summer—now is the time to slip away from work for a few weeks. Take a trip to Sunshine Land, feast your eyes on new sights and scenes, get out of doors and play, and you’ll come back home with new zest and zeal, fit for the remaining months of winter. Plan to go—and let us make ALL arrangements for vour trip, and leave you with nothing to do but enjoy *yourself. RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis.

6UNION TRUSTS 120 East Market St. Riley 5341.

FEB. 15, 1929

12 PERIL LIVES TO SAVE RODIES BURIED IN SNOW Find Two Trappers Killed by Avalanche After Daring Search. Bu United Press CREEDE, Colo., Feb. 15i —Twelve men reached Creede late Thursday with the bodies of James Wolfe, 50, and his son James Jr., 17, who were buried in an avalanche which thundered down Cochetopa mountain. The men. headed by Ranger Van Aken, x’isked their lives to reach the spot near the base of the mountain where the cabin which Wolfe and his son had taken refuge was swept. There was constant danger that even more snow would shake loose from the mountain and bury the searchers. The party spent three days searching for traces of the trappers. The bodies were found in a huge drift about six miles from the ranch house of Ralph Powell, who joined the search. Thursday also saw the grip of snow loosened from Silverton, which was cut off from the outside world by slides. Pack mules broke through, taking into the town mail and butter and eggs. It was the first supplies Silverton had received in eleven days. ONLY 2 CITIZENS AT BOXING BILL HEARING Judiciary B. Committee of House I/ails to Take Action. Only two citizens appeared at the hearing on the state boxing and wrestling commission bill held Thursday night by judiciary B committee of the Indiana house of representatives. The committee took no action on the bill. Andrew Weisberg of South Bend, hotel owner and sportsman, favored the bill on the ground it would make it possible to hold championship matches in Indiana. Mark Hamer, president o. American Legion trustee, who operate the boxing shows at the Armory here, talked against the bill, declaring!!;? 10 per cent tax on gate receipts would force the legion to discontinue the shows.

OVERNIGHT FREIGHT DELIVERY —To— Dayton, Lima, Springfield and Columbus, Ohio, SECOND MORNING Cleveland, Toledo, Zanesville, Ohio; Detroit, Mich., ana intermediate points when routed via Terre Haute, Indianapolis & Eastern Traction Company Dispatch Freight Shipments Handled On All Passenger Cars. HOURLY SERVICE Now located in the New Terminal No more delays to your trucks.