Indianapolis Times, Volume 36, Number 12, Indianapolis, Marion County, 24 May 1924 — Page 11
SATURDAY, IviAY 24, 1924
STOCK CLOSE AT BEST POINTS SINCE RECOVERY @ Sharpest Rebounds Noted in General List for Months,
Daily Stock Letter
(Bv Thomson A- McKinnon NEW YORK. May "4. —Week-end trade reviews an' depressing. Executives of some steel I’Oii'inif are optimist!*?. With the exception of Judge Gary, who usually is candid, these executives fro on the quiry that it would be a violation of the law to say anyth,ns that was not bullish and for that reason these statements do not carry conviction. We do not have to ak any one about the present, stale of things. A Etroll through automobile salesrooms, counting the number of ears, will disclose one of the reasons why the steel industry is down to BO per cent of capacity. Those who are opposed on principle to short, selling would havo something to think about if it was not for th** short interest in this market: it is the sole support. R\j t nitrri Pres* NEW YORK, May 24.—Stop loss orders against contracts on the short side were caught in profusion at the start of the second hour in Wall Street today and the drive against the extended bear following in the market developed into a rout. Not for months has the street witnessed such sharp rebounds in t list. IWeovery, in the motor stocks and accessory shares was vigorous, which was made all the more remarkable by the fact that a Detroit dispatch which spoke of factory arrangements which indicated that Ford intended to suspend Saturday work during the summer. Recoveries running from 2 to 5 points from the recent low's took place among the industrial leaders and the whole list maintained a strong tone to the close. Some let-up in the pact of upward movement took place in the final dealings and "slight recessions from the day’s best levels were experienced by the active industrials. The undertone of the general list continued strong and prices closed at close to the highest figures reached on the current recovery. The market dosed higher: U. S. Steel 97%. up %: Baldwin 109%. up % : Studebaker 34. up Am>m m Woolen 57%, up 1: Industria Alcohol 65. up %. Cast Iron Pipe 86% Bethlehem Steel 48%. up % : S'ewart-Wamer H 2 %. up 2%: Colorado Fuel 40'*;. lIP Vs : New York Central 102 % :p %: C &O. 78%. up % : Southern Railway 54. Local Bank Clearings Indianapolis bank clearings Saturday wen? For the wppk SlS44.* - 000. Bank debus amounted to 54,837.000. For the week. 536.23.’>.000. New York Liberty Bonds —May 24 Prev. High. Low. Close close. '.'nM l , . 100 14 1* 'lO 100 13 1*412 .InH',! .1012 1011 101! 1012 4th 4 1 , s .100.30 1(10.28 100.28 100.28 New Gov 10216 10214 10215 10215 Note—Quoted In de—.mal thirty seconds Foreign Exchange B\J Vnitrri prrKS NEW YORK May ‘M—Foreign exchange higher: Stirling. 54.34 ’< . Franc**. 5.46 c Lire i44 H Mark*. 4."10 billion to the dollar Honrkong-. 52 . Shanghai. 7". Yokohama, 40.3*25. Russian. 5.18 c. Chicago Stocks (By Thomson & McKinnon) —May 24 • Open. High Low. Close. Swift * Co.lol 101 \ 101 101''. I Stewart W. 60 >5 63 1 . 60 % 63 (a Union Car . 58% 5! ! 2 78% 58 Wahl 36 37* 36 37 WriiTley . 36 s . :!#■. 36% 36 >5 Yellow Taxi 42’.. 42 % 13'a 42% New York Curb Market (By Thomson & McKinnon', —Closing— Bid. A**V Acme Packing 3 10 Curti* Aero com 4'4 8 Curtis Aero pfd 25 60 Dubiliers 7 Hi's 34% Ind Pipe 80 82 Mutual Oil 1"’. 10% International Petroleum ... 17% 18V, 1 Prairie ri’ipo 6% 6 Royal Canadian 5% 5% Salt Creek 25'. 25% United T* S new 5% 6 IT S Light ard Heat 50 60 U S Lt and Ht pfd 75 100’* United Verde 22% 23 ’. Omar 0,1 65 68 St Oil Indiana 57% 57 % St Oil Kansas 40 41 St Oil Ky 107.% 108% St Oil N Y 31 % 38 Oil 62 62%
Produce Markets
1 INDIANAPOLIS, May 24.—Fresh eggs. I 220; packing stock butter, 21c; fowls. 4H I lbs. up. 23c: fowls under 4'- lbs . 19c; ■ springers. 1924 'l-lb. si/ 1 38c: young ■ Tom turkey/ 12 lbs. irn 24c: young; hen I turkeys. 8 lbs up, 24*-: old Tom turkeys, I 18c: ducks. 4 lbs up. loo: geese. 10 lbs. ■ up. He: squabs. 11 lbs. to dozen. $4.50. ■ CHICAGO. May 24.—Butter —Receipt*. ■ IT.087: Teamy < xtra 37e; standards. 370; ft firsts. 34 >2 '•< .'S.~> ! . t 5..,„,„i5. 30*1 33 He. ■ Eggs—Receipts. 29 109; ordinary firsts, ■ 32H®230; first*. 23H S7 24c. Cheese— I Twins, 17c; Young Americas, 18c PoulI try—Receipts, one ear: fowls. 23 H ® 24c: F9 ducks. 28.-: goc-e. 12e: ymm?. 23c: turkeys. 20e: roosters.'l4c: broilers. 38® 44c. Potatoes—-Receipts. 154 ears. Quotations: .Wisconsin round whites. $1.20® 1.50: Alftabama and Louisiana Triumphs. s3® 3.25. ( CLEVELAND. May 24.—Butter—Extra Bin tubs. 41® 43c: extra firs:.-,. 39® 40c: ■ firsts. 36® 37c; packing stock. 24®270: ■ standard. 39c. Eggs—Fresh gathered ■ northern extras 27 He; extra firsts. 26 1 -. c: ■ Ohio firsts. 24"' ® 25< : western firsts, 24e. ■ Poultry—Live fat w:- 2627 c: sp ::*gI°rs. 28® 29c: Leghorn. 25c: roosters. 15® ■ 16c; medium fowls. 27c: broilers. 30® 38c. ■ Potatoes—Cobblers. >2 ® 2.25 a bag: Hastings. $8®8.50 a barrel. ■ NEW YORK. May 24.—Flour—Dull but ■firm. Pork —Quiet; mess. $20®27. Lard ■-Easy: midwest spot $10.75® 10.85. —Raw. weaker; centrifugal. 96 test JA'Bc: refined, easy granulated. 7®.7.50c! —Rio spot. 14 l , ® 14 He: Santos No. .j .18 ti® 19’i c. Tallow—Dull; special to rfjfxtra. OH® 7c. H;iy—Firm: No. 1. ■515.50® 1: No. 3. $12.504113.50. Dressed ■ooultry—Firm; turkeys. 20® 38c; cickftii. 28®40c: fowls. 100®10*4c; ducks. ■3c: ducks, Long Island. 32c; capons. 35 '-,®54c. Live poultry—Steady: geese. 10® B’ 0H e: fowls. 28® 30c; turkeys. 20® 30c' B-oosteßft 14c: broth rs. 35 ® 45c: capons. ■3o® Cheese—Firm state whole milk B ummiWHto specials. 10® 25e; state skints. ■ hoiee to special. 11® ltihc: lower grades. ■ ffilOc. Butter—Easy: special market B!9t-®4oe: Danish. 39 -> ®4l 1 .<■: Argen- ■ me. 33 H ® 30Hc. Eggs—Quiet fancy |4® 35c: nearby slat whites 20® 3.lc' Bresh firsts. 24'*® 29'.. ; Pacific coasts’. B-6®36c: western whites. 2H® 33c; nearB>y brow ns. 30 ® 33c. | Only eipht civil officers of the r. T nited States have been impeached nd tried before the Senate, and nly two of them have been convicted.
New York Stocks
(By Thomson & McKinnon) —May 24 Railroads— Prev. High. I.ow. Close. close. Atchison ..103% 102% 103 103 At CL ...122 ... 122 121 % R. and O. .. 54% 53% 54 % 53% C & O .... 79 ... 78 % 78 % C.. R & P 25 % 25 % 25% 25% Gt Nor pfd. 58 % 58 58 % 57 % Leh. Pal .41% 41% 41% 41% Mo P, ■ pd. 41 % • - 41 41% N. V. Cen. . .103 102’% 102% 102% Nor Par ..52% ... 52% 52% Nor & W. 124% 123% 123% 123% Pere Mar . 48% 49% 49% 49 South Ry. 54 % ... 53 % 54 So. Pac .. . 91 % ... 90 % 90 % St. P. pfd. 25% ... 25% 26% Union Pac. 133 ... 133 133 Wabash pfd 45 % 45 % 45 % 45 % Rubbers— Kelly-Sp ...114% 14 14% 14% U. S. Rub 26% 25% 26 25% Equipments— Am. Loco . 73 72% 73 72% Raid. L0c0.110% 107 % 109 % 107% Gen. Elec .220% 217% 219% 217% Lima Loco.. 57% . 57% .*7 % Pullman ..121 120% 120% 120 West Elea. 57 56% 57 56% Steels — Bethle ... 49% 48% 48 % 48% Colo Fuel.'. 40% 40% 40 % 39% Crucible .. 52% 50 % 53 50% Gulf States 67 65% 66% 65% P R C & 148 % ... 48 48 % Rep I & S. 45% 45 45% 45% U S Steel.. 98 97 % 97 % 97 % .Motors— Chand Mot 46% 45 46 45% Gen Mot... 13% ... 13’* 13% Max Mot A 42 % 41% 42% 41% Studebaker 34% 32% 33 % 32% Stew-War .. 63% 60% 62% HO 1 * Timken ... 33% 33% 33% 33% Yellow Mfg 47% 47% 47% 48 Mining*— Gt Nor Ore 26% ... 26% 26% lilt Nickel. 11% 11% 11 % 11 % Copper*— Am Smelt. 62% 61 % 62% 61 % Anaeonda.. 30 % 29% 30% ... Kennecott. . 38% 38% 38% 38% Oils— Cal Petrol. 23% 23% 23% 23% Co-den . . 30 % 29 % 30 % 29 % Houston Oil 66%** 65 s * 66 65 % Marian*: Oil 33% 32% 33 32% Pan-A Pete 52% 51% 52% 50% Pan-A Pet B 50% 48% 50 % 4S % Pae Oil.. 49 48% 48% 48% Pro and Bes 26% . . 26% 25% Pure Oil . 22% 22% 22% 22% S Oil of Cal 58 % ... 57 % 57 % S Oil of N J 35% 35% 35 % 35 Sinclair. ... 20% ... 20 20 Tex.,- Cos.. >O% 4040% 40% Trans Oil.. 4% 4% 4% 4% Industrials— A1 Chera. . 72% 72% 72% 72% Am Can ..104% 102% 104 % 102% Am. Wool . 67% 65% 67% 66% Coca Cola. 67 % 66 66 % 66 % Consol . .. 39% 38% 39% 37% Cont. Can.. 48% 47% 47% 47% Fam Play.. 73% 72% 73% 72% Dav Cheni. 48% 46% 48% Gen. Asph. 36 % 36 36 % 36 Int. Paper. 39% 38 39% 38 Sears-Roe . 83% 82% 83% 82 % N. Lead .132% 129% 132% 121% U S. C. I. P 87 85% 86% 85% U. S. In Al 65% ... 65 64% Utilities— A. T. AT. 125% 125% 125% 125% Con. Gas . 65 64 % 65 64 % Col. Gas . 37 36% 3? 36% Shipping— A. In Cor. 21% 21 21% 20% 111. M M pd 34% 33% 33% 33% I'oods — Am Sugar. 44% 42 % 43% 42% Corn Prod. 35 % 3o % 35 % 35 % C. C. Sg. pd 57 % 56 57 % 66 % C.-A Si'g. . . 30% ... 30% 29% Punta Ale . 52 % ... 52 % 52 Tobaccos — Tob. Pro B. 58 % 57 % 58 j 57 %
WHEAT ADVANCES BEST IN WEENS Other Grains Close Slightly Lower Than Start. liy l nittd Press CHICAGO. May 24. Wheat finished higher, other grains lower on the Board of Trade. Wheat advanced to the best figures in several weeks, but at the close encountered profit sales which caused fractional recessions. The bulge was due to general reports of unfavorable weather and crop conditions. Heavy sales to store and resale by leading eastern houses at cents below replacement caused easiness in corn, although crop news was bullish. Oats, followed corn and closed lower. Heavy sales were made to store indicating poor cash demand. Provisions closed dull and easy with hogs. Chicago Grain Table —May 24 WHEAT— Prev Open. High bow. Close close. May 1.05', 1.06% 1.05% 1.05% 1.05% July I.OS', 1.08',, 1.07% t.OS’i I.OH Sen’ 1.08% 1.08% 1.08% 1.00% 1.09 CORN— May. .78% .7s % .77% .78% .78% July. .77% .77% .70% .70% .77 Sept. 76 % .76% .75% .75% .76% May. .46% .46% .46% .46% 4t% July. .44 .44% .44 .44% .44% Sept. .69% .30% .39% .39% .39% LA RIJ— May 10.05 10.30 10.25 10.25 10.25 RIBS— Mar 0 80 9.80 9.70 9.70 9.80 RYE— May. .67 % .68 .67% .67% .67 % July. .69% .69% .69% .69% .60% CHICAGO. May 24.—Carlot receipts were: Wheat. 12: eats. 58; corn. 81. Oe liveries: Wheat. 223.000 bushels; oats. 185.000; corn. 145.000: rye. 5.000.
Cash Grain
INDIANAPOLIS May 24.—Saturday's receipts for the, day. 24 cars. Prices quoted. 41 'jc to New York f. o. b. basis hay on track Indianapolis. Rids for grain at Indianapolis Board of Trade were: Wheat—Firm: No. 2 red. sl.Ol 4a <9 1.03; No. 2 hard. [email protected] Corn—Firm: No. 2 white. 75®7fie: No. 3 white. 73® 74 Ur; No. 2 yellow. 74® 75 He; No. 3 yellow. 72 H® 74c: No. 2 mixed. 71® 73c: No. 3 mixed. 69®71c. Oats—Firm: No. 2 white. 40® 47 He; No. 3 white. 45® 40c Hay—Weak: No. 1 timothy, $21.50® 22: No. 2 timothy. $20.50 W 21: No. 1 light clover mixed. S2O 50® 21: No. 1 clover hay. $19.50® 20.50. —lnspection s Wheat—No. 2 red, 2 cars: No. ? red 1 car. Total. 3 cars. Corn—No. 2 white. 1 car: No. 3 white 5 cars: No. 4 white. 1 car: No. 3 yellow, 1 ear; No. 4 yellow. 1 car: No. 5 yellow. 1 car; No. 3 mixed. 1 car: sample "mixed! 1 tar. Total. 12 ears. oats—No. 3 white, 4 cars: No. 4 white. 3 cars: sample white, 1 car. Total. 8 cars. Hay—No. 2 timothy. 1 car. Total I car. CHICAGO. May 24—Wheat—No. 2 hard, $1.17. Com—No. 2 yellow. 80® 81c: No. 3. 77 H W 79c: No. 4. 74H ® 77He: No. 6. 77 He: No. 2 medium, 79H ®79 He: No. 3.77 c: No. 5. 74 He: No. 6. 73$c: No. 2 white. 80c: Nc. 3. 77Hc: No. 8, 73H® 73 He. Oats—No. 3 white 47 u<o4B Hc. Barley—Bßc. Rye—No 2. 69c. Timothy—ss® 7.25. Clover—slo.so ® 18.50. Tank Wagon Prices (Gasoline prices do not include State tax of 2c a gallon.) GASOLINE—Energee, 22c a gallon: Purol 18.2 c: Red Crown. 18.2 c: Diamond Ga<=. 18.2 c: Crystal Pep. 21c: Target. 18.2 c: Silver Flash. 23c; Standolind aviation. 23c. KEROSENE—Cryslalinc. 12.7 c a. gallon: Moore Light. 15.5 c: Arclite. 12.7 c; Perfection. 12.7 c: Solvent. 36c NAPTHA—Lion Power Cleaners, 22. fie a gallon: V. M. & P., 22.5 c: Standolind Cleaners. 23.5 c. NEW YORK COTTON FTTCRES (By Thomson & McKinnon's Wire) January 26.25 38.83 26.25 25.53 March 25.57 25.74 25.57 25.72 July .. 29.48 29.75 29.45 29 70 October .... 26.20 26.68 26.13 26 50 December .. 25.52 25.80 25.41 25.71
SLIGHT ADVANCE IN PORK PRICES Generally 5 Cents Higher— Bulk at $7,50, Hog Prices Day by Day May 250-300 lbs. 200-275 lbs. 150-180 lbs. 17. 7.70 7.70 7.70 19. 7.90 7.95 8.00 20. 7.80 ,85 7.90 21. 7.05 7.65 7.65 22. 7.55 7.55 7.55 23. 7.45 7.45 7 45 24. 7.55 7.60 7.50 The usual week-end variety of dull, inactive traSe characterized the local livestock market Saturday. On light receipts, hog prices remained steady to a nickel higher. Heavyweights were being quoted at $7.55 to $7.60. In the last two days there has beena marked preference for this class. In Friday's trade they brought 15 and 20 cents more than other classes. Mixed lots were going at S7.*() and 57.55. The bulk of sales were made at $7.50 and the top price was $7.65. One fairly large drove of porkers was being held in an effort to sell at $7.70. Sows were steady at $6.85 to $7 for smooths, and $6.50 to $6.75 for roughs. Figs brought $6.75 and down to $5. The hog market for the week has shown a downward tendency in general. Monday the highest price of the year, SB, was paid. From then on prices declined 10 and 15 cents at a time until Friday a low of $7 40 was reached. The decline was noticed in all classes. Heavy receijjts and lighter demand wits the apparent reason for ttie drop. Saturday's receipts, 3,000. Hold overs, 2,478. Less than 200 cattle were in the pens, hardly enough to give the market a fair test, but prices were inclined to be steady. Steers $11.25 and cows and heifers at $6 to $9.50., The cattle trade has shown little fluctuation during the week. Lighter stuff was inclined to drop, but other classes remained fast. After a price trim last Saturday, the calf market resumed its regularity' again on Monday. T|he week witnessed but slight variations. There has always been a few choice lots bringing $11.50, but the general top has been sll, with the bulk of sales being made at $10.50. Saturday's receipts, 200. Sheep receipts amounted to three. Nevertheless, buyers said the market was steady. Spring lambs, sl6; good to choice ewes, $6.50. The lookedfor increase in activity in this department materialized only partly during the week. Heavier receipts and a lit tie more active buying was in order for s§veraj days. —Hog* Choice lights ....$ 6.75 tft 7.00 Lirb t mixed 7 7,0(1? 7.55 Medium mixed 7.50@ 755 Heavyweights ........... 7.55® 760 Bulk of sales 7.50 Top 7.65 i Packing sows 6.50®! 7 00 Pigs 5 00*& 675 —Cattle Prime corn-fed steers, 1,000 to 1.800 . $ 9.00% 11 25 0 jod to choice steers. 1,000 to 1.100 lbs B.so<is 9.00 (i nod to choice steers, 1.000 to 1.200 lbs 7.50*8 9.00 Go<xi in choice steers. 1.00(1 to 1 700 lbs 6 05*3 7.50 Common lo medium steers. 800 to 1,000 lbs 6.00*8 7 00 —(', and Heifer#— • to light Heifers $ 6 00% 9 50 I Good heavyweights 7 OO '<1 800 Medium heifer* 6.00*14 700 Common heifers 330 fit 6 is) Fair cows 6.00*8 7.00 Cutter* 2.75 m. 3 25 Canners 2.75 % 3 75 —Bull*— Fancy bulls S 5.00*8 6 00 Good to choice butcher bulls 5.00% 550 Bologna bulls 4.25(2 4.75 —Calves— Choii*e v**ls $ll.OO Good veals .... 8 50% 10.00 Lightweight veals 6.00*2 7 40 Common heavies 5.00*2 7.00 Top 11 .DO —Sheep and I.amh*— Extra ehoi.xs lambs sl3 00*216 00 Heavy lambs 9.50'u 12.50 Cull lambs 6.00 *i| 10.00 Good lo choice ewes 4.000 8,50 Culls 300% 5.0il Spring lambs 15.00 ft 17.00
Other Livestock CHICAGO, May 24—Hogs—Receipt*. 5,000; market slow, steady to 5c off: top, 57.60 bulk $7.10417.50: heavyweights. .87.40® 7.60; medium $7,304*7.55: light. $6.95® 7.40 light lights $5 00® 7.20: heavy packing, smooth. $6.80446.95; packing rows, rough, $0.65® 6.80; killing pigs. $5.25® 6.25. Cattle—Receipts. 11.000; compared week ago, matured steers of value to sell at $lO and above. 50c lower, others 154; 25c off: all grades yearlings closed sluggish. 50(5)25c off: sjxits $1 oft on good to choice kinds: extreme top ma tured steers. sll 85; best at close $11.35; top yearlings. $11; ig-betvveen grades fat cows. 15 44 25c off choice heavy cows ami heavy heifers and cutters fully steady: (miners 25c up: bulls ami Stockers and feeders steady: veal calves dosed with early advance lost; beef steers and yearlings. $8.50 ® 10.50: fat eows and heifers. $5.75®8: l>eef heifers. $6.75® 8.50: eanners and cutters, $3 4* 4.25, veal valves. $9.304; 10.50. Sheep—Receipts. 3.000; today's mostly direct. for week around 17.000 direct. 48 ears feed lot: compared last week, fat lambs 50(5 75c off: spring lambs. $1 4t 1.26 off: handy fat sheep, $1 @ 1 25 off: medium and heavyweight fat ewes. $1 4; 1.35 off: top fat lambs for week. $15.76; bulk springers. $14.75: bulk prices, fat lambs. sl4 25® 15.25: springers sl6 50 4; 17.50: fat aged wethers. $8.50 449.50. fat ewes, $7 4; 8.25: few old crop wooled lambs $1 5.25® 17.40. • PITTSBURGH. May 24.—Cattle^—Receipts, light: market, steady; choice. $10.50® 10.75: good, $0 50 ® 1 0.25 ; fair. sß4*o; \ eal calves, sll (@llsO. Sheep and lamlev—Receipts, light; market, lower. prime wethers. $8,254; 8 75: good, S'W>O4;.S: fatr mixed, $5,254; 6.25: lambs, $124*17. Hogs—Receipts, 20 dd; market, higher: prime heavy. $8.75©9; medium. $8®8.15; heavy Yorkers. $7.25447.50: bigs, $7: roughs, $6 4*6.50; stags, $3.50 @4. f CINCINNATI, May 24—Cattle—Re ceipts, 150: market, steady: shipping steers. good to choice, $8.50® 10.50. Calves—Market. 50c lower: good to choice, $8.50® 10. Hogs—Receipts. 2.500: market, slow, steady; good to choice packers and butchers, $7.75. Sheep —Receipts. 750; market, weak: good to choice, $4 4i6. Lambs—Market, steady; good to choice, sl7 Si 17.50. EAST BUFFALO. May 24.—Cattle—Receipts. 225: market, slow and steady: shipping steers. $0 44 11.25: butcher grains. $8,254*9.50; cows. $2.50 44 7.25. Calves—Receipts. 50: market, active. 50c tower; cull to choice, $34411. Sheep and lambs—Receipts. 100: market, fairly active: choice iambs. $144; 14.75; cull to fair. $8,754; 13.50; yearlings, $74J12; sheep, $3.5009.25. Hogs—Receipts. 1.600; market, active, 6 cents higher; Yorkers. $7.25 (ft 8.05; pigs. s7® 7.25; mixed, $8: heavy, $8; roughs, [email protected]; stags. $3,504; 4.50. CLEVELAND. May 24.—Hogs Receipts. 1,500; market 10c higher; Yorkers. $7.85; mixed, $7.85: medium. $7.85; pigs. $8; roughs, $6.25; stags. $4.50. Cattle— Receipts. 200; market slow; good to choice bulls. $6 @7.50; good to choice steers $0010.50: good heifers. $7 @8.50: cows. $5.50® 6.50: fair to good cows. $4 @5.50: common cows. $2 4*3.50: milkers. $35 44 75. Sheep and lambs—Receipts, 300; market steady: top. $14.50. Calves —Receipts. 200; market active; top. $12.50. EAST ST. LOUIS. May 24.—Cattle — Receipts. 600: market, steady to 15c higher: native beef steers. $6,7500.90: yearlings and heifers, $7.8509.25; row*. $5416.50; eanners and cutters. $2.10@ 3 50: calveg, $9 4710.25: Stockers and feeders , $5.30®7.25. Hogs—Receipts, 5.000. market, steady to 5c higher; heavies, $7.15®7 40; mediums, $7.30® 7.45; light. $6.900 7.45: light lights. 50.7507.30: packing sows, $6.1506.50pigs, $5.25 <3 6.60: bulk, $7,15 07.40. Sheep—Receipts. 150; market, nominally steady; ewes. $4®7.50; eanners and cutters, sl@4; wool lambs. sl2® 14.50.
TILL LN DIAL a!'' )Lx& IlALLfci
FARM TALK BROADCAST Manager of Agricultural Paper Will Give Address From KYW. William G. Campbell, general manager of the Indiana Farmers’ Guide, Huntington, Ind., will speak* on “Along the Country Road," by radiophone from the Westinghouse station KYW, Chicago, 7 to 7:30 p. m., Tuesday. This is one of a series of talks broadcast under auspices of the American Farm Bureau Federation each Tuesday and FTiday during May and June. ROBBER SLUGS ATTENDANT AT FILLING STATION Employes Locked Up by Bandit, Wffo Takes $l6O —Tools Discovered, A colored bandit held, up two attendants at the Silver Flash filling station. North St. and Capitol Ave., at 5:45 a. m. today, struck one of them on the side of the head with a pistol, locked them inside the sta tion and escaped with $166. John Wilson, 15,>5 College Ave., had just opened the station for the day* and was going out to put up a sign when the bandit met him fit the door. The bandit ordered Wilson back in the station. Wilson stood still. The rolibet struck him on the side of the head with his gun and said: "Now will you get in there?” Other Attendant Covered Gerald West. 1142 N. Capitol Ave., another attendant, was opening the safe. The bandit covered him and took the money. After the robber left the attendants climbed out of a window and notified police. Sergeant Sheehan found $2.16 in the driveway, where tlie bandit had dropped it. Police hold three men found in the Broadway hotel while contents of their automobile and baggage are investigated. The men gave names to Lieuten ant Anderson ami Sergeants Tooley and Coleman and squads as Roderick Wolfe, 30; A! L. Smith. 28, and James Kline, 2S, all of Chicago. Nitro-Glycerin Found Officers said the automobile, with a Michigan license, and grips con tained a bottle of nitro glycerin, drifts, percussion caps, sledge hum rners. screw drivers, and an automatic pistol. Police said the men were armed. The men said they were here for tlie Sp* t Iw.-ty race iftd refused to r.ittke further statements, police said. Officers are searching for another group of men said to bo in town in !xii ant mobile. Detectives suy they- believe tho Henry Rosner drug store, Tenth and Main Sts., Speedway City, and th Standard oil filling station a* Sherman Dr, and E. Washington St. were robbed by one man. They do not believe this was the same man who operated at the Sliver Flash station The bandit covered Rosner with a gun and took S7O. Asks to l so Washroom Paul Schreckengost, 1946 Arrow Ave.. was + the telephone when the bandit asked to use the washroom. Then the bandit ordered Sehreckengoat to raise his arms and took $35 from a safe. He asked if Schreckengost had a gun. He did not. “1 didn’t think you fellows had a iright to have a gun,” remarked the bandit. "Now don’t make a false move because there is a man across the street watching you.” A colored man is suspected of robbing th*- Louis Bernstein dry goods store, 356 Indiana Ave., of SIBO, several watches and diamond rings.
DULLNESS CAUSED BY BONUS BILL PASSAGE Elections Exert No Traceable Marks on Bond Trade. The passage of the bonus bill over the President’s veto, although pretty generally anticipated, may prove rather disturbing to business. Financially, however, the result seems to be dullness rather than liquidation. N Politics themselves have taken rather anew turn. The President's lack of influence over Congress must hurt him somewhat in the popular esteem. Yet because of the drift toward conservatism in the opposition party the dangers to business appear to be either unchanged or else diminishing. Presidential elections have little or no traceable influence upon the bond market. About the only special feature of election years proves to be a summer reaction in bond prices, and a like summer reaction occurs in such a majority of other years that perhaps this feature is merely coincidence.—Moody’/ Investors' Service. The German super-gun that pound ed Paris during the war is cred ited witn a range of seventy-five miles, as compared with the twenty-two-mile maximum range of American fourteen-inch naval glins. Cultivation of semi-arid lands does not cause any appreciable difference in the rainfall in those regions, according to the records of the Department of Agriculture. Scientists say that a, fall in the mean annual temperature of Europe of 9 degrees Fahrenheit would bring back the glacial period and cover the continent with vast sheets of ice. Drawings in color believed to be more than 22,000 years old have *W n found in a cave in Spain. Wild animals, bulls, bisons, deer and horses, are iportrayed. Chinese wives must serve their parents-in-law as they would their own father and mother, even to the extent of assisting them in their toilets.
They Almost Caused Riot
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. 1 illF. American rugI by football team, whose r - winning* of the Olympic contest in Colombes Stadium, Paris, all but started a riot. Hissed
FRANKS TAIL y IS THREATENED (Continued From Page 1) poison was forced on the boy. Their work will not be finished until Monday. Chief of Detectives Hughes and some of his men differ in the motive for tile murder. Hughes, who first believed perverts killed the boy now thinks ransom was the primary motive. Lieutenant Grady, head of one squad of detectives engaged in the hunt. Relieves perversion was the real motive, and that the boy was killed because his attacker feared exposure < oroner in Statement Coroner Oscar Wolff said: “It is my opinion now that Robert died of hemorrhage. 1 believe a g*g was thrust In his mouth, causing nausea violence as lo cause hemorrhage in the stomach. This would account for the apparent foreign substance and discoloration in that organ, i don’t think they intended ,o kill him. Probably' one of the kidnapers merely meant to gag
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and booed by the Paris crowds the Yankee boys played a great game. Fist fights took place .in tho stand when Americans cheered their team.
him while the others were out trying to get the money. Hughes has absolved the instructors at Harvard private school atj tended by liie boy. Several were i subjected to severe and lengthy examinations. The only clews in the t hands of police are: j A pair of spectacles, apparently j the property of a woman and there- ! by giving rise to the theory that a ; woman is implicated. Got Idea From .Story [ The typewritten letter demanding '510,066 ransom, and the knowledge j that tho boy was kidnaped about 5 o'clock Wednesday afternoon near ! his school by persons in a big tourjiiig f ' ,r Hughes also attaches groat importance tojtho fact that th<- ran- ■ som letter was couched in faultless English. That is one of the reasons why instructors of the private school were questioned. The letter is much the same as a ransom letter forming part of a fiction story entitl* 1 “The Kidnaping Syndicate.” in the May issue of a i popular magazine. Hughes thinks | the authors of the letter to the Franks copied his idea from the fie--1 tion story. Short Waisted The very short waisted frock is seen In increasing numbers as the sens<*i advances and the desire for something new and different becomes more Insistent.
NINETEEN HELD IN POLICE RAIDS ON TiIHOTELS Twenty Officers Invade Great Eastern and Roosevelt at Same Time, Simultaneous raids on the Roosevelt and Great Eastern hotels by twenty policemen, under Lieutenant Hudson, today resulted in nineteen arrests. Po'ice said they had planned the raids for weeks, but had waited for a favorable opportunity. Action, they said, was based upon statements of Gladys Ellis, who killed Miss Louise Richards, matron at Indiana woman's prison, and Herbert R. Fletcher, former motorcycle officer. The Ellis girl stayed at the Great Eastern the night she escaped from the prison after killing the matron. Fletcher told a story of a reported party at the Roosevelt. City court action on those held at the Roosevelt was: Alice Mitchell. 22, and Marie McGlenn, *23, discharged; Fern Conner, 29, Laura Clifford, 23, William E. Brant. 34, and Benjamin Clifford, 26, were fined $5 and costs on statutory charges; case of Cleo Harris was continued until May 26; Harry Lyons, 26. was discharged. Bud C. Tedford, Miami. Fla., was held on a charge of possessing obscene literature. Richard Roach, and Ray Henderson, both of Richmond. Ind., were discharged. Judgment on Ray Redifer, 34, charged with unlawful possession of firearms, was withheld. Court action on those arrested at the Great Eastern was: Margaret Young, 26, and Bruce Kries, 1417 Findley Ave., were fined $5 and costs on statutory charges; Vivian Reeves. 31, was fined $5 on charge of prosti-
with The 7% Cumulative Prior Lien / Safety Stock of this Company is a sound \ m TAX investment, based upon the sta, f V FREE biiity growth and prosperity fjf the 100 or more communit" &s served with Electricity, Gas 0 r BUUBIMON Water, all public necessities. r 7his Stock is tax exempt in Indiana and free from normal federal Income Tax. Price, SIOO per share and accrued interest. Cash / or on deferred payments Interstate Public Service Company Room 714 Wild Bldg. Indianapc.iis, Ind.
Marriage Licenses Floyd H. Collins. 21, 925 Prospect, laborer: Ruth I. HoffraaJi, 19, R. R. F.. Box 77. Ben Miller, 21, 1124 Trumble. chauffeur: Antonia Bell, 19, 2110 W. Eleventh, Karl T. Egsleton. 21, 1528 Brookside, wholesale fruit; Marie Meeks, 19, 1472 Roosevelt. Judson W. Boykin, 20. 2832 N. Temple. auto painter: Floris Creamer, 10, 2704 N. La Salle, clerical. Frank Black, 51. 716 S. Illinois, molder; Mrs. Ethei M. Vail, 25, 412 £ Market, office work. Virgil M. Wayman. 24. Y. M. C. A., chemist: Mildred Turpin, 21, 1442 E. Eleventh. Earl Spry. 26. 248 pi. Alilcy, polisher; Nettie E. Miller, 10, 51* Drover. Edwin M. Tait, 23. 3331 N. Pennsylvania. salesman: Hazel M. Dodson, Rock Island. 111. > Elisha Miles. 34, 132 S. West, barber; Rosemary Alles. 29. 952 S. East. Births Girls James and Mary Brown, 621 E. Ohio. Raymond and Marguerite Harrington, Deaconess hospitat Ralph and Aileen Charles, 6512 Bellefontaine. Thomas and Rose Stiffier, 3716 B. New York. Clinton and Charlotte Bradford. 1003 S. Randolph. Harold and Pearl Smith, 964 Stillwell. Boys William and Bertha McClain. 56 S. Rural. Jack and Effie Pettas. 464% W. Washington. Lewis and May Easteridge, 3545 W. Washington. Edward and Martha Hollis. 037 Harrison, George and Martha Thompson, 162 Finley. William and Bertie Mounce. 2079 Par- | ker. George and Mary Moore. 1031 St. Paul, j Levi and Ellen Dillon. 2202 Yandea. Deaths Sophia W Simpson, 73. 1208 Bellefon- ' tain*-, chronic nephritis, i Caroline 7.. Strieker, 31. 831 W. Twentyj Ninth. aout“ cardiac dilitation. Eva Caven. 75, Methodist hospital aoiUe dilitation of heart. Sarah C. Jones. 74. 903 California, | acute cardiac dilitation. Eliza J. Webb, 84, 238 Douglas, cerrj bral hemorrhage. j Emilio Albertina Hitzke. 39, 1232 S. | Senate, pulmonary tuberculosis. William Harrold, 70, Central Indiana. ! hospital chronic myocarditis. ' tution; Herbert Crist was fine! $5 on charge of associating; William Ham ilton. 26, colored, 1508‘g Cornell Ave., was bound over to grand jury under S2OO on charge of pandering. Judgement was withheld in the case of Gus Brokadas, charged with unlawful possession of firearms. Earl Thomas. 29, Wyandotte*, Mich., was discharged.
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