Indianapolis Times, Volume 40, Number 262, Indianapolis, Marion County, 22 March 1929 — Page 28

PAGE 28

FAIR ADVANCES TAKE PLACE IN STOCKJARKET Few Issues Record New Highs; Trading Remains Quiet.

Average Stock Prices

Average of*twenty industrials Thursday was 314.63. off 1.81. Average of twenty rails was 152.64, off .34. Average of forty bonds was 94.63. up .02. BY ELMER C. WALZER, United Press Financial Editor NEW YORK, March 22.—Retention of the local rediscount rate of 5 per cent largely offset the substantial increase of $166,000,000 in brokerage loans in the week ended March 21 and with the credit situation still obscured in uncertainty, highly irregular price movements again took place in early stock dealings today. Strong support was again in evidence for representative shares like American Can, General Motors and Steel, while coppers continued in urgent demand, with Aanaconda 2 points higher at 17314. Kennecott and Granby were firm. Fair advances took place in recent speculative favorites like AdvanceRumely. Baldwin, Union Carbide and Pressed Steel Car, these issues moving up with gains of a fraction of two points. General Motors continued the outstanding feature of strength running up nearly two points on important buying. Allied Chemical sold at anew high on the movement following publication of its excellent 1928 earnings’ report, while Columbia Graphaphone was still in strong demand. Radio Corporation was also higher, rising nearly a ponit to 93is. On the other hand, further heavy profit-taking came into the oils and representative issues of this class scored fractional declines. Trading continued relatively quiet, reflecting the uncertain outlook and traders were not desirous of making large commitments on either side of the market. Asa result, price movements after the opening held within comparatively narrow ranges and efforts to move the market out of its rut largely met with failure. Nevertheless, strong buying operations continued in several recent favorites on the upside. American Can sold at anew record high shortly after the opening, while Continental Can continued its remarkable upswing. Urgent demand was again in evidence for National Cash Register and Texas Gulf Sulphur. International Nickel continued under heavy pressure, breaking to further low ground on the movement at 54% on tremendous transactions.

Banks and Exchange

City bank clearings figures, as given In The Times daily, are checked carefully and always are correct, barring nossibility of typographical errors. INDIANAPOLIS STATEMENT Indianapolis bank clearings Friday March 22, $3,109,000; debits. 56.668.0G0. NEW YORK STATEMENT /'-■( United Press • NEW YORK. March 22.—Bank clearings. $1,768,000,000: clearing house balance. *200,000,000: federal reserve bank credit balance, $163,000,000.

In the Stock Market

(By Thomson & McKinnon) NEW YORK, March 22.—1f any significance could be attached to the delayed decision yesterday in the New York rediscount rate, the fact that it was left unchanged was probably due to the drop in rediscounts by the local bank and the improvement in the gold ratio. The unusually low gold rate of the Chicago bank, which is scheduled to act today, however, is such that if an advance in rates were recommended there could logically b no criticism as there could have been had the New York bank taken the initial step. The sharp increase in brokers loans, placing the total 124,000 in excess of the figures which prompted the federal reserve warning a month ago, can not be taken lightly. The same holds true of the further increase in bankers acceptance rates. Until we are advised as to what action Chicago may take at their reserve board meeting at 11:30 a. m., Chicago time today, we are inclined to look for an extremely feverish market.

Gone, but Not Forgotten

Automobiles reported to police as stolen belong to: James M. Mathers, 460 West Forty-sixth street, Ford coupe, 53-029, from Pearl street and Capitol avenue. Dorothy Cabert. 126 East Ohio street. Ford roadster. 735-662, from in front of 126 East Ohio street. Luther Dillon, Pittsboro, Ind., Ford coupe, 727,022, from north side of the statehouse. Charles Larrison. 2409 West Ray street. 87-149, from Hgpry and Harding street. John Miller. 1148 Gimber street, Chrysler sedan. 95-480. from Lock street, near city hospital. Owen Biggs, 1502 North Illinois street, Chevrolet coach, 561-528, from California and Washington streets. Robert A. Halter. 1453 North New Jersey street, Chevrolet landau, 50-436, from 957 Middle drive, Woodruff Place. Everett Furgeson, 1059 South Pershing avenue, Chevrolet touring, 89-965. from Chesapeake and Illinois streets.

BACK HOME AGAIN

Stolen automobiles recovered by police belong to: G. D. Hartman, 823 East Twentyfirst street, Whippet sedan, found at Eagle creek and West Washington street. License plates 52,308 removed and 56-613 put on car. Jewett touring car with 1928 license, found in front of 28 East Fourteenth street.

New York Stocks

■(By Thomson A McKinnon)

—March 22 Prev. Railroads— High. Low. 12:00. close. Atchison J 99% Balt & Ohio 126 125® Canadian Pac ... 246 Chesa Corp 82% 82% Chi & N West 85% 85% Chi Grt West 19% 19% C R I & P 128 Del <fc Hudson.. .. ... 192 Erie 71Ta 71U 71’a 71 ’2 Grt Nor pfd 108 111 Central 13914 138*2 Lehigh Valley 93’4 M K <fc T 50 49% 49% 50 Mo Pac pfd 134 Vi 134% N Y Central 188 188 - N Y C & S L 134’4 134% NY NH & H.... 88% 38*4 88*2 39 Nor Pacific 1054 105% 105% 105% Norfolk & West 195 O & W 28% .. . Pennsylvania ... 76% 76 76 76% P & W Va 137 Reading 106% 106% 106% 107 Southern Rv ... ... 146 Southern Pac ..128% 128% 128% 128% St Paul 35% 351-b 35% 35% St Paul pfd 56% 56 56 56% St L & S W 108% St L& S F 115% 115 115*2 116 Union Pacific .216% 216%. 216% 215% West Maryland. 46% 46% 46% 46% West Pacific 36% Rubbers— Ajax .. 9 9 Fisk 15% 15% 15*4 15*1 Goodrich 95% 94Va 94% 95% ■Goodyear 145% 143% 144% 143', 2 Kelly-Spgfld 18% IBV2 18% 18% Lee 20 la United States .. 67% 60% 60% 61 Equipments— Am Car &'Fdy..los 103% 104 103% Am Locomotive 119% 118% 118% 119% Am St ;el Ed.... 72 71 71% 71% General Elec ..234% 232*% 233% 232% Gen Rv Signal 102% Gen Tank . . 92 Va N Y Airbrake - 48% ... Pressed Stl Car.. 24% 23% 24% 23': Pullman 86% 85% 85% 84% Westingh Air B. 51 % 50% 51 50% Westingh Elec ..152% 152% 152% 152% Steels— Bethlehem 107% 106% 107*% 106% Colorado Fuel 71% Otis 47 46% 46% 47% Gulf States Stl 68% Inland Steel .... 95% 94% 94% 95% Crucible 90% 90% 90% 90*/ 2 Rep Iron & Stl. 95% 94*% 94% 94 Sloss-Shefl ... 115% ... U S Steel 187% 186*a 186*4 186 Alloy 46% 46Va 46% 47*% Youngstwn Stl 121 122 Vanadium Corp. 103% 102 102 102% Motors— Am Bosch Mag 52% 58% Briggs 47 46% 46% 47 Chrysler Corp ..110% 109% 109% 110 Eaton Axle 68 67% Graham Paige . 47*% 46% 46% 47% Grabriel Snbbrs. 23% 23% 23% 23% General Motors. 91% 89% 90 89% Hudson 89% 89 89% 89* a Hupp 72% 72% 72% 72% Jordan 12% 12% 12% 12*/a Marmon 79% 78% 78*/a 79 Reo 29% 29% 29Va 29% Motor Wheel ... 44% 44% Nash 105% 105% 105% 105% Packard 138'% 137% 137% 138% Peerless 18% 18% Pierce Arrow ... 32% 32*% 32% ... Studebaker Cor. 87 85% 85% 86% Stew Warner 134 133% Murray B 73 V 2 74 Timken Bear ... 82%. 81% 82% ... Willys-Overland . 29% 29*4 29% 29Vs Yellow Coach .. 41% 41*% 41 Vi 41% White Motor ... 49% 48'% 48V2 49'/ 4 Mining— Am Srr.lt & Rfg.l26 119 119 118% Anaconda Cop.. 174%. 170% 171% 170% Calumet & H... 57Va 56% 56% 57% Andes 64% 63% 63% 63% Chile Copper ...126*/a 124% 125% 124% Greene Can Cop. 192% 188* 4 188% 187% Inspiration Cop. 61% 61% 61% 61% Int Nickel 55% 52% 52% 55%, 1 Kennecott Cop.. 101% 106*4 100% 100% Magma Cop 82% 81% 81%. 81 3 | Nev Cons 60% 60 60 60% Texas Gulf Sul. 79% 78% 78% 78% U S Smelt 69% 68% 69*4 69 Oils— Atlantic Rfg 63% 62% 62'/- 63% Barnsdall (Ai .. 45% 44% 45 44% Freeport-Texas . 49% 48*4 49*4 49% Houston Oil 105% 100*4 104 99 Indp Oil & Gas 34*4 33% 33'% 34% Marland Oil .. 41% 41 41 41*4 Mid-Cont Petrol 34% 34*4 34*4 34% Lago Oil &Tr 30*4 31% Pan-Am Pet 8.. 47*4 46*4 47*4 46% Phillips Petrol.. 4234 42*4 42% 42*4 Prairie Oil 61% , 62% Union of Cal 50% 50% Pure Oil - 26% 26% Pra rie Pipe.... 57% 57*4 57% 57 Shell. 29 28% 28% 29% Richfield 45% 44% 45?; 45 Sinclair Oil ... 41 40% 40% 40% Skeiiy OH 36% 36% 36% 37 Std Oil Cal... 78*4 76 77 78% Std Oil N J.... 55% 55 55% 55 Std Oil N Y.... 42% 42% 42% 42% Texas Corp ... 66% 65% 65% 66 Transcontl 10% 10 Va 10% 10% White Eagle ... 37% 37% 37% 73% Industrials— Adv Rumely 93 91 92 91% Allis Chalmers.. .. ... ... 183 Allied Chemical 284 283 284 281 Armour A 14', 2 14% 14% 14% Amer Can 129 126% 127% 126% Alaska J ... ... 71/, Crosley 110*4 109% 109% 108% Am Safety Ra 67% Am Ice 40% 4034 40% 41' Am Wool 21% 21% Curtiss 150% 150 150 151% Coca Cola 132 % 133 ~ Conti Can 80% 77% 77% 77% Congoleum 26% 26% 26% 26% Davison Chem.. 6336 63% 63% 62% Dupont 186 183% 185 ' 183 Famous Players 68% 68% 68% 68% Gold Dust 683a 68 68 68% Link Belt . 46 Glidden 42% 42 42 42% Int Harvester 108% 108% Lambert 153% 152% 153*% 151% Loews 70.% May Stores 90% 88 88 91 Montgom Ward .130 128 128% 128% Natl C R 142 139% 141 140 Owens Bottle... 95% 95 95% 94% Radio Corp.... 94 93 93% 92" Real Silk 78% 78% 78% 78% Rem Rand 31 371/ Sears Roebuck .155 154% 155 153% Union Carbide ..228 225% 226 224' Warner ..122% 120 120 120% Univ Pipe 18% 18*4 18% 18% USCs Xr Pipe. 53 52*4 52% 52% US Inudus A1c0.144% 143% 143*4 143 Worthington Pu 52 Woolworth C0...201% 201% 201% 201 Utilities— Am Tel & Tel. .216 -215% 215% 215% Am For P0wer..106% 103*1 103*4 103% Am Wat Wks 88 88 Brklyn-Manh T. 71’4 70% 71% 72*4 Col G & E 143*4 142% Consol Gas ....108 107% 107% 106% Elec Pow <fe Lt.. 69% 68*4 68 % 68*4 Interboro ... 48% 48 Nor Am Cos ...102% 102% 102% 102% Natl Power 57% 56*4 56*4 56% S Cal Edison .. 60*4 60 60 60 |ub Ser N J 82% 83% Std Gas As El 89 897a Utilities Power 44 43*4 43% 43% ♦West Union Tel 207 209% Shipping— Am Inti Corp.. 693a 69*4 69’4 68*4 Am Ship Ac Com .. ... 5 5 Int! Mer M,pfd .* ... 44 44*4 United Fruit 138 Foods— Am Sug Rfg ..4-78% 78% 78% 78% Kroger 99*4 99 99 99% Beechnut Pkg 90 California Pkg.. 76% 76 ,, -> 76% 76*4 Com Products 85 % 86% Cudahy 57% 57*4 57*4 57% Cuban Am Sug 11% Fleischmann Cos. 75% 74% 75% 74 7 4 Jewel Tea 144 Kraft Cheese ... 36 35% 35% 36 Natl Biscuit 178*4 178 178*4 177% Natl Dairv 128 127% 127*4 127 Postum Cos 70 69% 69’4 70*4 Ward Baking B 12% 12% Tobaccos— Am Sumatra 52% Am Tob B 169% 168 168 170 Con Cigars 89 General Cigar .. 69% 69% 69% 70% Lig & Meyers .. 89% 89% 89*4 89% Lorillard 24% 24 24 24% R J Reynolds... 57*4 56% 57 57 Tob Products B. 20 19 .19 20 United Cigar St. 23% 23% 23*4 23% Schulte Ret Strs 31% 31V 4 Grand Union C 24% 24% Grand Union pfd 46% ...

Produce Markets

Butter (wholesale)—No. 1. 52©54c; No. 2, 51@52c. Butterfat—Lb., 51@52c. Cheese i wholesale selling once per pound>— American loat, 38c: pimento loaf 35c: Wisconsin flat. 29: prime cream 37c: Dailsy. 25c: Longhorn 25c: New York limberger. 30c Eggs—Buying prices: Fresh delivered at Indianapolis, loss off. 23@24c. Poultry (buying prlcesi—Hens, 26® 27c: Leghorn hens. 21@23c: 1926 springers large breed. 2 lbs. and up 35c: 1 to 114 lbs.. 23c: Leghorns. 21c: old roosters large. 12@15c: small 10®13c: ducks. 16?? 17c: spring guineas. 30c: turkeys. No 1 young toms. 12 lbs. and up. 35®38c No. 1 young hens. 35c a lb.: No. 1 old toms. 22®25c: No. 5 old hens 25®30c i lb. ASK MINE RECEIVER Allege Sunflower Coal Firm Is Insolvent. Petition seeking appointment of a received for the Sunflower Coal Company of Dugger was filed in superior court four late Thursday by William E. Shell, local attorney, in behalf of Marion E. Dugger, a .stockholder. Approximately 400 acres of coal lands in Greene and Sullivan counties are owned by the company. Allegations are that the concern is unable to pay interest on principal mortgages totaling about $33,000 held by the Dugger State Bank.

WEIGHTY HOGS 25 CENTS UP IN LOCAL PENS Light Pigs Held Steady; Vealers 5Q Cents Higher. March Bulk Top Receipts 15. 12.00 12.00 3.000 16. [email protected] 12.50 2.000 18. 11.40 12.40 5.000 19. 12.00 12.10 8.000 20. 11.75 11.90 3,500 21. 12.00 12.00 3.500 22. 12.25 12.25 4.500 Weighty hogs of 160 pounds and up held generally 25 cents higher, the underweights were steady. The bulk of 160-300 pounds brought $12.25. Receipts were slightly higher estimated at 4,500, and holdovers from Thursday’s market totaled around 1,706. The cattle market was quoted steady. Few beef steers salable at sl2 to $13.25. Vealers were 50 Cents higher selling at $18.50 down. Lambs were slow with some bids lower. Best lambs held around $17.25. Hog prices today were as follows: 250-350 pounds, $11.75 to $12.25; 200250 pounds, $12.25; 160-200 pounds, $12.25; 130-160 pounds. $11.50 to $11.75; 90-130 pounds. $9.75 to $11.75, and packing sows, $lO to sll. Cattle receipts were 600. Calf receipts were 700. Beef steers, $11.50 to $13.50; beef cows, $8 to $10.50; low cutter and cutter cows, $5.75 to $7.50; vealers, $17.50 to 18.50; heavy calves, $7.50 to $12.50, and bullj stock and feeder steers, $G to $11.50. Sheep receipts were 300. Top fa.t lambs, $17.50; bulk fat lambs, sls to sl7; bulk cull lambs, $10.50 to sl4, and bulk fat lambs, $7.50 to $lO. The Chicago hog market opened slow to around 10 cents higher than Thursday's average. Occasional load of 180-210 pound weights brought sl2 to $12.10. Several bids and a few sales, $11.75 to $ll.BO for choice 260-300 pound butchers. Receipts were 22,000, including 5,000 directs and holdovers were numbered at 7,000. Cattle receipts were 3,000; sheep receipts were 14,000. —Hogs— Receipts. 4.500; market, higher. 250-350 lbs $11.75® 12.25 200-250 lbs 12.25 160-200 lbs 12.25 120-160 lbs 11.50® 11.75 90-130 lbs [email protected] Packing sows 10.00 @ll.OO -CattleReceipts, 600; market, steady. Beef steers $11.50(313.50 Beef cows B.oo@ 10.50 Low cutters and cutter cows.. 5.75 (a 7.50 Bulk stock and feeder steers.. [email protected] —Calves— Receipts, 700; market, higher. Best veals [email protected] Heavy calves '. [email protected] —Sheep— Receipts, 300; market, steady. Top fat lambs $17.50 Buik iat lambs 15.00® 17.00 Bulk cull lambs 10.50(5)14.00 Bulk fat ewes [email protected] Other Livestock Bit United Press CHICAGO. March 22. —Hogs—Receipts, 22,000; including 5,000 directs; market, mostly steady; some sales 5 to 10c lower; sta'ting sales 5 to 10c higher; top, *12.10 Daid for load of IE<I lb. weights; butcher, medium to choice. 250-350 lbs.. $11.40® 11.85: 200-25 lbs.. $11.50@12; 160-200 lbs., $11.404512.10; 13-160 lbs.. $10.50®12: packing sows. $10.50@11; pigs, medium to choice. 30-130 lbs.. [email protected]. CattleReceipts. 3,000. Calves—Receipts, 1.000; generally steady trade; inbetween grades of light yearlings slow and weak; choice kinds and weighty steers fully steady: she stock less active generally; best mixed > vearlings, $14.50: few steers' sales under sl2; Stocker and feeder dealers bidding. $11.50(512.50; slaughter classes, steers, good and choice, 1,300-1,500 lbs.. $12.75(514.25; 1.100-1.300 lbs.. $12.75(514.50; 950-1,100 lbs., [email protected]: common and medium. 850 lbs.. $9.75(013.25; fed yearlings, good and choice, lbs., $13.25®;15; heifers, good i nd choice. 850 lbs. down. $12.50® 14.25; common and medium, [email protected]; cows, good and choice. $9.25(5)11.50; common and medium. $7.50(5 9.25; low cutter and cutter. $6(5 7.50. bulls, good and choice (Beefi. $9.60(510.75: cutter to medium. $8(59.65; vealers < vujk-fed). good and choice. $13(3 17: medium. $11.50@13; cull and common, [email protected]. stocker and feeder steers, good and choice (all weights!. sl2 (5 13: common and medium. $9.75(312. Sheep—Receipts. 14,000; market, opening strong to 15c higher; bulk fat lambs, $17.25(5.17.50: best held around. $17.75; choice light clipped lambs. $16.25; fat ewes steady at sll down; feeding and shearing lambs quotable steady: lambs, good to choice 92 lbs. down. $16.50(5)17.75; medium. $15.50(3 16.65; cull and common. $11.50(515.50; ewes, medium to choice. 150 lbs. down. $8.50(5)11: cull and common, $408.75: feeder lambs good and choice. $15(516.75. lla United Press EAST BUFFALO, March 22.—Hogs —Receipts. 1.600; holdovers, 600; market, 100) 25c higher: 250-350 lbs., $11.85® 12.40; 200250 lbs., [email protected]; 160-200 lbs., $12.25 i 12.50: 130-160 lbs.. $n.50(5T2.50; 90-130 lbs.. $11(311.75; packing sows, $10.50(5)11. Cattle—Receipts. 175: market steady; beef steers, $11.75(5 14; beef cows. $8.75@10; vealers. $18.25@19. Calves—Receipts. 600; market 50c up: light yearling steers and heifers. $12.75(5)14.25: low cutter and cutter cows, $5.50(57.75. Sheep—Receipts, 1.700: market. 15(325c up; top fat lambs, $17.25 @17.65; bulk cull lambs, $10.50013.75; bulk fat ewes, $9 @lO. Bu United Press PITTSBURGH. March 22.—Hogs Receipts. 3,250; market strong to 5c up; 250350 lbs.. $11.75(312.25; 200-250 lbs., sl2® 12.40; 160-200 lbs.. $12.25(512.40; 130-160 lbs.. $11.50® 12.40; 90-130 lbs.. [email protected]; packing sows. $10(310.75. Cattle Receipts. 25; calves. 125: market weak, firm; beef steers, $11.50(513.50; light yearling steers and heifers, [email protected]; beef cows, $8<@10: low cutter and cutter cows. $5(57; vealers, $144?-18.50; heavy calves. $11(5 17. Sheep —Receipts, 550; market steady; (quotations wooled basis): top fat lambs. $18: bulk fat lambs, $16(518; bulk cull lambs. $10®14; bulk fat ewes, [email protected]. psi United Press TOLEDO, March 22.—Hogs—Receipts, 350; market, 100 15c up; heavies, $11.75® 12; mediums, $12®12.25; yorkers, SIO.SO® 12.25; good pigs. $10.25(5 10.75. Cawle— Receipts. 100; market, strong; 25c up. Calves—Light; market, strong. Sheep and Lambs—Light; market, steady. R)i United Press CLEVELAND, March 22.—Hogs—Receipts, 1.600; holdovers. 533: market, steady, spot 10c higher; 250-350 lbs.. sl2® 12.25; 200250 lbs.. $12.10® 12.35: 160-200 lbs., sl2® 12012.35; 130-160 lbs., [email protected]: 90-130 lbs.. $10.85(511; packing sows. S10(5.10.50. Cattle—Receipts, 175; calves. 300; market, cattle steady; some steers -50 c lower; realers. steady to 50c down; beef steers, $11.65011.75; beef cows, $8.50® 9.50; low cutters and cutter cows. $607.25; vealers. $15019. Sheep—Receipts, 750; market, steady; bulk fat lambs, [email protected]; bulk fat ewes, s9® 10. Bn Times Special LOUISVILLE, March 22.—Hogs—Receipts, 500; market, steady: heavy and medium hogs. 180 lbs. up, $11.50(5-12; pigs and lights. 90-180 lbs.. [email protected]: light pigs. 90 lbs. down. $7: stags and throwouts. $8.15® 8.75. Cattle—Receipts, 200; market, steady to 50c higher: prime heavy steers. $11.50012.50: heavy shipping steers. $10.50011.50; medium and plain steers. 59.50® 10.50; fat heifers, S9O 13; good to choice cows. S8.50@10; medium to good cows. [email protected]; cutters. S6@7; canners. ss® 5.50; bulls. $7,50®9.75: feeders, $9011; stockers. $8(511.50. Calves—Receipts. 200: market, steady: fancy calves, Sls: good to choice. 512.50(3 14.50; medium to good. $8,500.11; outs. $8.50 down. Sheep —Receipts. 50: market, steady: lambs. sl3 @ls: seconds. $8.50® 12: sheep. [email protected]. Thursday's shipments: Cattle, none; calves, none; hogs. 146: sheep, none. Bn United Press FT. WAYNE. March 22.—Cattle—Receipts. 125: calves. 100; hogs. 400; 'sheep. 100: market, steadv to 15c higher: 90-120 lbs.. $9.50; 120-140 lbs., $10.95; 140-160 lbs.. $11.50: 160-180 lbs.. $11.85: 180-225 lbs.. sl2; 225-275 lbs.. $11.85; 275-325 lbs.. $11.70: 325-400 lbs.. $11.35: roughs. $10.25: stags. $7.50: calves. $17.50: lambs. sl6.

Local Wagon Wheat

City grain elevators are paving 51.25 {or No. 2nd wheat and 51.15 tor No. 2 hard.

THE INDIANAPOLIS TIMES .

The City in Brief

Representatives of all local luncheon and civic organizations have been invited to attend the Indianapolis Chamber of Commerce Civic day observance April 5 in the main dining room of the chamber. Plans for the observance were dfecussed by the chamber board of directors Thursday. Police raiders Thursday night seized a quantity of “hair tonic” in a beauty shop at 331 West New York street. The operator, Mrs. Ella May, Negro, was arrested on a blind tiger charge. Harold Allen, 19, of 544 Berwick street, was arrested early today on the charge of vehicle taking when he was found in an automobile owned by C. t). Hartman, 823 East Twenty-first street, which had been reported stolen. The arrest was made near Eagle Creek on West Michigan street by Patrolmen Irvin Landers and Otto Bock. Carl H. Lowman of St, Louis, Mo„ has been arrested at Lenoir City, Tenn., in a Ford sedan he admitted stealing here, according to word from the Lenoir City police chief. The car was stolen Saturday from J. W. Lambert, 5730 East Washington street. American homes are only halflighted, declared T. P. Brown, Cleveland, 0., representative of the Edison Lamp Works, at an illumination conference held Thursday night by the Electric League of Indianapolis at the Chamber of Commerce. “The average home has only 42 per cent of the correct illumination. Every room shows glaring deficiencies in lighting,” the speaker said. Progress of the Chamber of Commerce in its efforts to bring new industries here was discussed by C. L. Harrod, industrial commissioner, at the weekly current topics hour of the Central Avenue M. E. Sunday school Thursday night. Silks and cosmetics are as much in favor with the rural flapper as with her city cousin, Floyd B. Nichols, Topeka, Kan., managing editor of Capper Farm Press, declared at the Indianapolis Advertising Club luncheon Thursday at the Columbia Club. “Rural markets offer advertisers one of the richest fields in America,” he said. City Councilman Albert Meurer will speak on “Civic Problems” oefore the Scientech Club Monday at the Chamber of Commerce. Members of the association have been invited to attend a meeting of the National Aeronautical Association next Friday night at Indiana National Guard armory. Films illustrating recent developments in aviation will be shown. Personal appeals to join the church have replaced the old type of evangelism, Fred Hoke of Holcomb & Hoke Manufacturing Company, said Thursday night at a fellowship dinner at Northwood Christian church. Members of the public service commission' will inspect the Emerson avenue crossing of the Union Tractiwi Company. The trip is to prepare themselves to act on petition of Sahara Grotto that a safety signal be installed there. Twentyone members of a Grotto party were killed at the crossing in 1927. BLEND IS FOUNDFOR THREE STAPLE GRAINS Wheat, Com and Oats United by New Process. Bu Times Special CHICAGO, March 22—The longsought secret of a cereal blend which embodies the principal nutritive elements of America’s three staple grains has been discovered by science. This announcement was made today by Edward Shumway, general operating manager of the Quaker Oats Company, Chicago. “Wheat, oats and com, the three great grains which form the backbone cf America’s agricultural industry,” said Shurnway, “have been successfully blended in a single cereal ration after seventeen years of scientific experimentation in our laboratories.” Although it would seem a simple problem to blend these grains, the very simplicity of the idea presented more tantalizing aspects than any other process developed by these cereal manufacturers. In all, 1,641 distinct combinations and experiments were performed before the product called “Crackels” was ready for the market.

What Our Travel Bureau Can Do for You Tours or cruises—foreign and domestic —necessitate a certain amount of detail that oftentimes multiplies to such an extent as to seriously inconvenience the traveler and hamper him in the complete enjoyment of his trip. A competent travel advisor, by reason of personal experience, knows how and does care for all these details before the trip begins, thus leaving the traveler free to enjoy his trip to the utmost. We have rendered this service to the traveling public for many years. May we not help you on your next journey? RICHARD A. KURTZ, Manager Travel Bureau The Leading Travel Bureau of Indianapolis HuNION TRUSTS 120 East Market St. Riley 5341”

.Thomson & McKinnon INDIANAPOLIS CHICAGO NEW FORK MEMBERS New York Stock Exchange Chicago Board ot Trade New York Cotton Exchange Chicago Stock Exchange New' York Curb Association 309 Fletcher American Bank Bldg. Telephone Lincoln 5501

GRAIN FUTURES WEAK, DUE TO LIGHTRAINFALL Provisions Slightly Higher; Export Business Dull. Bj/ United Press CHICAGO, March 22.—Light rainfall favorable to growing wheat the the southwest caused a weak futures market here today. Cable news was about as expected. Com held unevenly steady. Oats were little changed. At opening wheat was % cent to % cent lower, corn % cent lower to Is cent higher and oats were unchanged to Va cent lower. Provisions were slightly higher. Bearish crop and statistical news appears to have little effect on the wheat market for grain rallies rather easily from depressions. Many traders believe, however, the absence of export business and continuation of growing weather in winter wheat belt will eventually break down bull resistance. Weather was warm and cloudy over the southwest today. The sudden revival of cash business Is inspiring more confidence in corn futures. Farmers are busy in the field and receipts are expected to run light for some time. Heavy shipments to Buffalo by rail indicates a sharp need for com in the east. Lake navigation opens April 15 and probably will' increase sales from Chicago. Seeding of oats is progressing in the southwest and tending to bring a heavy tone to futures trading. Cash demand, however, continues good. Chicago Grain Table —March 22 WHEAT— Prev. High. Low. Close close. March 1.22% 1.22’A 1.22% 1.23 May 1.26% 1.26% 1.26% 1.27% July 1.29% 1.28% 1.29% 1.29% September ... 1.31% 1.30% 1.30% 1.31% CORN— March 94% .94% .9.4% .93% May 97 .96% .96% .96% July 1.00% .99% .99% .99% September ... 1.01 % 1.00% 1.01 1.00% OATS March 47 May 48 .47% .47% .47% July 4.8% .47 .47 .47 September ... .44% .44 .44% .44% RYE— March 1.08 May 1.09% 1.08% 1.08% 1.09% July 1.09% 1.09% 1.09% 1.10 LARD— March .... 12.12 12.00 12.02 12.12 May 12.40 12.35 12.40 12.37 July 12.27 12.72 12.75 12.75 September.. 13.10 1 3.00 13.07 13.05 RIBS— May 13.75 July ...y 14:12 14.15 Bn Times Special CHICAGO. March 22.—Carlots: Wheat, 26; corn, 104; oats, 26, rye. 8. NEW YORK COFFEE RANGE —March 21 High. Low. Close. January 14.15 March 17.00 May 16.36 16.00 16.06 July 15.15 15.10 15.15 September 14.57 14.53 14.59 December 14.25 14.20 14.25 BONDS IN BANK LOOT BROUGT TO ANGOLA Securities Worth $58,160 Recovered in Ptitsburgh, Pa, Bj/ United t ANGOLA, Ind., March 22.—Returning from Pittsburgh, Pa., where he recovered $58,160 in bonds stolen from the First National Bank of Angola, of which he is president, Emmet Croxton, today said all negotiable securities taken in the robbery have been recovered. The robbery, which occurred May, 8, 1928, was believed to have been the work of the same gang that committed the Toronto mail holdup recently. Croxcon said that recovery of the bonds relieved the bank from all losses, since other missing paper was covered by insurance. Bonds first appeared at Clarksburg, W. Va., when several of them were presented for negotiation. They then were traced to several towns, later being found in Pittsburgh. Three Schools in Contest Bu Times Special RUSHVILLE, Ind., March 22. Glenwood high school, New Salem grade school, and Circleville rural school, will represent Rush county at the annual district music memory contests which will be held here March 26. The schools, each represented by teams of three pupils, were selected following tests here.

Indianapolis Stocks

March 22 —Stocks— Bid. Ask. American Central L Ins C0.,..800 ... Belt RR & Yds Cos com 67% 70 Belt R R & Yds Cos pfd ..... 57 62 Central Ind Power Cos pfd... 93*a 98 Circle Theater 105% ... Cities 9erv Cos com 31 Cities Serv Cos pfd 95 ... Cities Gas Cos com 26 Citizens Gas Cos pfd 98 102 % Commonwealth L Cos pfd. 100% ... Equitable Sec Cos com Hook Drug Cos com 41 Horuff Shoe Corp com 15 Ind Hotel Cos Clay pool com 125 ... Ind Hotel Cos pfd 101 ... Ind Serv Corp pfd 90% ... Indpls Gas Cos com 58 61 Indpls & Northwtn Tr Cos pfd 5 Indpls P t L pfd 103 106 Indpls Pu Wei L Assn c0m.... 48 Indpls St R R Cos pfd 29 35 Indpls Wa Cos pfd 101 103 Inter Pub Ser Cos nr li pfd.. 103% 106 Interstate Pub Serv Cos pfd.. 94 97% Merchants Pub Util Cos pfd...101 ... . Metro Loan Cos 100 Northern Ind Pub S C pfd 75.109% ... Northern Ind Pub S C pfd 65.. 100 102% ’Prog Laundry Cos com 46% 50 E Rauh & Sons Fert Cos pfd.... 50 Real Silk Hosiery Cos pfd.... 98 ... •Standard Oil Cos of Ind 62*1 T H Indpls & E Tr Cos com T H Indpls &ETr Cos pfd.... 7 ... T H Trac & L Cos pfd 94 ... Union Trac Cos com % Union Trac Cos Ist nfd 1 Union Trac Cos 2nd pfd % Union Title Cos com 49% 55 V Camp Prod Cos Ist pfd 98 100 V Camp Prod Cos pfd 92 ... -BondsBid. Ask. Belt R R & S Y Cos 4s 85 Broad Ripple Trac Cos 5%..... 60 ... Cent Ind Gas Cos 5s . ...4 98*2 ... Central Ind Power Cos 6s: 100 Chi S B & N Ind Ry Ist 6s Citizens Gas Cos 5s 100 ... Citizens Street Railroad Js... 79 83 Gary Street Ry Ist 55.. \ 85 90 Home T & T of Ft Wayne 65...103 Indiana Hotel Cos 5s 99 ... Ind Northern Trac Cos 5s 4 Ind Railway & Light Cos 55.. 96 Indiana Service Corp 5s 89 ... Indpls Poorer and Light Cos 5s 97% 98% Indiana Union Trac Cos 55.... ~ ... Indpls Col & S Trac 6s ..... 98% 101 Indianapolis Gas Cos 5s 99% ... Indpls & Martinsville TCo 55.. 16 ... Indpls No Trac Cos 5s 9% 12% Indpls & Northw’ern TCo ss. 16 ... Indpls Street Ry 4s 61 6* Tndpls Trac & Terminal Cos ss. 95*4 96% Indpls URyss J 1965 A 8...101 ... Indpls Water Cos 5%s 1953 ...102 104 Indpls Water Cos 5%5, 1954. .102 104 Indpls Water Cos lien & ref ss. 96 ... Indpls Water Cos 4%s 95 97 Indpls Water Works Sec Cos 5s 92 ... Interstate Serv Cos 4%s 88% ... Interstate Public Service Cos 5s 96% ... Interstate Pub Serv Cos B 6%5.103% ... No Ind Pub Serv Cos 5s 100 ... No Ind Teleph Cos 6s. 1931 98% 100 T H & E Trac Cos 5s T H Trac and Light Cos 55.... 93 ... Union Trac of Ind Cos 6s 10 13 —Government Bonds— Liberty Loan 3*is 98.14 98.34 Liberty Loan Ist 4*/ 4 s 98.60 98.80 Liberty Loan Cos 4s 98.80 99.00 U S Treasury 4s 106.04 106.26 U S Treasury 3?is ....... 102.42 102.62 U S Treasury 3%s 99.26 99.46 U S Treasury 3%s 1943 .... 95.84 96.04 —Sales—--1,000 Citizens Street Railroad 5s 80 3,000 Citizens Street Railroad 5s 79

Commission Row

PRICES TO RETAILERS FRUITS Apples—Box Delicoius. $3.50@4; box Stayman. [email protected]; box Rome Beauties. $2.75@3; bushel Stayman. [email protected]; bushel Jonathans. [email protected]; Kings. $6.50@7 a bbl.: GrSenings. [email protected] a bbl.; Stayman. [email protected] a bbl.: Rome Beauties. $5,500' 6.50 a bbl. Cocoanuts—ss.so@6 a bag of 100. Cranberries—s3.so a 25-lb. box: $7 a 50lb. box. Grapes—Almerla, keg, $6. Grapefruit—s3@4; Texas, $4-50. Lemons—California, a crate. [email protected]. Limes—Jamaica. 100 by count. $3. Oranges—California naval, a crate [email protected] Strawberries —Florida. 40@45c. VEGETABLES Arthlchokes—s2.so a dozen. Beans—Southern stringiest. $3.50(3*4.50 a —Texas new cabbage. 3%@4c. Cauliflower—California. $2.50. Carrots—Texas. $2.7503.25 a 5 doz. crate. Eggplant—Dozen, $1.50@2. Kale—Virginia, $2.50 a obi. Lettuce—California head, a crate. s4@s home-grown leaf a bushel, $1.2091.35. Onions—Yellow, a 100-lb. bag. $5.75 Spanish, a crate $3.25; Western, $5.75 a 100-lb. bag. _ . Parsley—Home-grown, dozen bunches 50c. Peas—California, [email protected] 45-lb box. Peppers—Florida, per crate, $3 @4.50. Potatoes—Michigan rou'id white. 150 lbs., $1.90@2; Ohio, $1.75 Idaho $2.50@3 a bag. Radishes Button hothouse. dozen bunches, 90c@$l. Spinach—Texas, a bushel. sl©J.ls Sweet Potatoes—lndiana Jersey, $2.75 a bushel; No. 2, $1.50 a bushel. B,ii United Press CHICAGO. March 22.—Apples, $1 to $6.50 per bbl.

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KILLS WOLF BY TRAIN Engineer Runs Down Animal in Canada. Bu United Press MONTREAL, Quebec, March 22. —Running down a timber wolf with a railway locomotive was the unusual sport tried near North Bay, Ontario, recently, when a light en-

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Well Known Indianapolis Lady Is Well Again After Painful Experience with Neuritis and General Rundown System.

4

Mrs. Minnie Moehlinan

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MARCH 22, 1929

gine bagged a ninety-pound specimen. Engineer Lafontasit, on rounding a curve, saw the wolf on the tracks a short distance ahead, and opening the throttle, succeeded in striking the beast with the pilot steps. Conductor W. G. Watling ran back and finished off the animal with a poker. A bounty is paid on wolf skins by the government.

at the Goldsmith's Drug Store t daily besieged by great crowds who are anxious to know more about tb# miracle medicine Ver-Wil-Ko. Mrs. Minnie Moeblmau. SU'-j Greer street, Indianapolis, Ind.. heard so much about Dr. Vermilya’s prescription. Ver-Wil-Ko, that she finally tried it Os course, it restored her health and strength just like it has done for thousands of others. Mrs. Moehlman says: “I suffered from Neuritis pains in my shoulders for years and could find nothing that would give me relief: I could not sleep because of the severe pain. I also suffered from indigestion, loss of appetite and constipation and finally my system was in such a rundown condition I could hardly do my house work. Every one seemed to be talking about the famous prescription Ver-Wil-Ko and the marvelous, robust health it was giving them, all of which I found to be true —nine bottles of Ver-Wil-Ko has made me well and driven all the Neuritis pains from my body. I will never miss an opportunity to recommend .Ver-Wil-Ko to all "my friends.” ■#C you have tried the rest now try the best. Ver-Wil-Ko. See the Ver-Wll-Ko Specialist today. Goldsmith's Drug Store, corner East-Washington street and Alabama. Ver-Wil-Ko is sold at all Golds mith's and Walgreen drug stores and by all leading drug stores in this vicinity. HEALTH—VKR-WIL-lvO. —Advertisement.

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