Indianapolis Times, Volume 38, Number 20, Indianapolis, Marion County, 4 June 1926 — Page 27
JUNE 4, 1926
PORKERS UNCHANGED; TOP $14.70
DOW-JONES LIST AVERAGE CARRIED TOM LEVEL Evidence of Rallying Power Induces Further Short Covering.
Average Stock Prices
A vwaire of twenty Industrial stocks for Friday' wae 145.03. up 1.48. Average of twenty rails 109.74. up. ~6. Average of forty bonds 90.20, unchanged. Rv United Press . NEW YORK, June 4.—Thursday’s advance in the general stock mar-/ ket list carried Dow-Jones industrial average to 145.03, thereby surpassing the point of the previous recovery, 144.53, reached on April 24. This evidence of greater rallying over included further short covering by professionals in early trading resulting in further gains among speculative leaders. Steel common moved up fractionally to new high ground on the movement at 125%, while Pere Marquette pushed into record territory at 91%, up %. Mack Truck gained % to 115%, and Baldwin, selling exdividend, was up % at 103%. Indications , were observable around noon that the rally was slowing down in issues where the recovery had depended primarily upon the buying of -shorts. Further gains were scored in issues which had fa? vorable earnings or promising trade “bonditions. United States Cast Iron Pipe spurted more than 3 points to 171 against ns low of around 150 a few weeks ago when it was pointed out that earnings this year probably would exceed a balance of $38.84 shown for the common last year.
%Banks and Exchange
—June 4 LOCAL CLEARINGS Indianapolis bank clearings for today amounted to $3,80a..000. Debits, $7, 455.000. FOREIGN EXCHANGE U York'. S June 4. —Foreign exchange closed irregular. Demand sterling JH-86%,’ . U T> 3-H>. fninPH JT ?4 C off .04'4 . JaO 1 S"1 UITT• 3 08%c. off 11: marks. 23.80 c: Holland. 40.16 c, UP .01: Russia, o.loc; Hong-Kong. j%c; Shanghai. 72c: Yokohama. 4 (,06c. NEW YORK STATEMENT NEW YORK. Tune 4. —Clearings. $948,000,000: balances, $111,000,000.
Commission Row
Prices to Retailers Fruit* Apples—Ben Davis, bbl.. S3®4; Wine sap!. box v $2.50® 2.70: Beauties. box Can'ta I*oupea—Ca 1 i Tornia. fl at ert.. ?1 Y 5 pany rrt., S3: standard crt.. $4. jumbo Crt Or!ng°e?— Florida *5.75®6.50: California Valencai. crt.. s3.7ofth. Cocoanuts —Jamaica s6ftloo. Crape fruit—Florida. $4 -50® 6.75. Lemons —California, box s6@b.~j Limes —100 $2.50 - S ~<irt ® 3 so 5O Indiana. $4.50®6.50. Cherries —California box. $3 Vegetables Artichokes —Fancy California S.j ffld ■'6 b °Asparagus— H. G... doz.. &o®7se Green Beans —x.ouisiana. limp.. S.J.oU@ 3 7 Beets T -H > G.. hu.. $1.25: Southern h 'Brussels"'~Snrouts Fancy. California Do Cabha"i2e- Alabama crt.. $3®3.25* Mis 6issippi,.crt . a-4 enia4 Oik pony" ct ta" D^L50 t (U 3.7 at s ®2! 2 5 1 U Carr!'t2—H ,bn.. $1.75® 2: Missis sippL _hinp.. 2o: lexas bu. $1 •>< Cauliflower —H G.. $?L253.5° Celery—Florida, crt.. $0.00®b.50. • Corn —Texas bu.. $2@’2.25. Cucumbers —H. jj box s2so®-75 Texas. bu. $2.75®3._0. •** Eggplant— Florida., doz.. W. Garlic —New Louisiana, lb.. 15to~Uc Kale —H. G. bbl.. $2(if2.25 Leekr—H G Boc bunch. Lettuce—Western li-eberg crt.. ss® 25: Ohio. 10-pound basket. $l.o0: Ohio 10-pound basket. sl® 10 Mangoes—Florida trunk. $7. Mushrooms —Fancy, lb. 'rbcw&l Onions—Texas yellow, crate. [email protected]. white, crt.. $2.25(812.50: if. G.. green, doz.. 30@35c. Oyster Plant —H. G.. 50®60c doz Parsley—Fancy H G. doz. 60c Parsnips—s 2 bu Peas—N. C., hmp.. [email protected]. Potatoes- —Michigan white. 150-lb. sacß $6 25® 5.50: Idaho, per ewt. $,->@5.50 Ohio 120 1b sack. $6.75: new triumphs 100-pound bag. $6.25@6.;>0‘ Alabama triumphs $5.60 @6. Radishes— Mississippi 30@35c- doz.: I. G button. $1.15® 1.35 doz. Rhubarb—H G„ doz bunches. 25® 40c- California. 40-pound box $2.75@3 Rutabagas—Fanc.v [email protected] cwt Sassafras—Doz. bunches. 35c. Spinach—Texas, bu . 75@90c Sweet Potatoes—Nancy Hall Irani $2 [email protected]. Tomatoes —Fey. Florida, repacked. 0basket crt.. $0.50@7: original crt.. $4.60 @ 5.50: Texas. 4-basket crt. $1.75® 2.50' H. H. 10-lb. basket. $3.75.
Produce Markets
Eics—Strict l trcsb delivered at Indun apo)iß. 27®"7lie. Butter <wholesale oners) Creamer* best grade, a pound. 43® 45c: buying price for packing stock. 26® 22c. Poultry—Fowls. 25e: Leghorns. 25e old turkeys. 23® 24c: ducks. 31® 15c. Jheest ( wholesale ou.vuie prices)—Wlso isin daisies 24® 250 Lonehortis 24® 27c Llmbureer 27c NEW YORK. June 4.—Flour—Quiet and. Arm. Pork—Steady: mess. $40.75. Lar®—Strong: middle west. sl7® 17.10. Sugar—Easy: 06 test. 4.3 4ct refined, quiet: granulated 5.45® 5.70 c. Coffee— Rio No. 7. 19 4* ®l9 %o: Santos No. 4. 82U®23%e. Talow—Strong: specials to extras. 9 Vie. Hay—Firm: No. 1. $1.50. No. 3. $1.30® 1.35: clover. $1.25® 1.45. Dressed poultry—Dul: turkeys. 30®62c: chickens. 19® 50c: capons. 40®.57c: fowls. 18® 36c: 1 -ong Islands. 26c. Live poultry—Firm: geese. 13® 15c: ducks. 16 ® 28<-: fowls. 28® 31c: turkeys, 25c: roosters. 17c: broilers. 30® 45c. Cheese — Firmer; sttae milk, common to special. 26tic': young Americas. 81'.* ®2stic. flutter—Firm: receipts. 16.400: creamery extras. 40 H ®4le: special market. 41 ' , ® l Eggs—Firmer: receipts. 31.328: nearby white fancy. 38® 39c: nearby state w hite. 30®37e: fresh firsts. 30% @ :jl V..c: Pacific coast, first to extras. 33% ® 40c: western whites. 30®33%c. CLEVELAND. Jtme 4 —Potatoes—ldaho ijskers. $4 per 120-pound sack: 'Wisconsin. o per 150-pound sack: Florida. $9 per barrel: Alabama and Louisiana. $3.50® 4 per 100-nound sack: South Carolina cobblers. $8.50® 9 per barrel. Poultry— Heavy fowls, 29® 31c: Leghorn fowls. 28 ® 30c: Leghorn broilers. 35® 38c; heavy broilers 43® 45c: cocks. 17® 18c. Butter —Extra in *ub lots. 44® 45c: extra firsts ■42®43c; firsts, 39®40e: packing stock. 28c. Eggs—Northern extra firsts. 31c; northern Ohio extras. 30%c: Ohio. 29“* <y> 30c: western firsts. 29% c. JS KILLED RU t nitrd Press N'EWAHK, N. J.. J*tpo 4.—Four men who attempted to hold up a paycar of the Public Service Railway Company here today, shot and killed Theodore Conway, paymaster of the company. The'robbery-was frustrated. Several thousand dollars were in the car, A guard named Von G.vnen. with Conway on the car. was wonded.
New York Stocks (By Thornton A McKinnon I
—Juno 4 „ All Quotations N, Y. Daylight Savin* Time Railroads— Prey. High. Low, 2:00 close. Atchison ..136 134 135% 134% Atl Cst JJ.201% ... 198% 199% B Se O ... 9114 9014 91 90% Can Pacific 159% 159% 159% 159% C& O 133 131 131% 131 C&N W.. 72 % ... 72 % 73 % C R* P .50% 60 50% oO Def& Hud 159 ... 158& 159% Del & Lac - Erie 30 % 35% 30% Erie Ist p. 42% 41% 43% 41% Gt Nr pfd 75 ... 7o 74 % Lehigh Val . . •,, §3 K C South. 41% ... 41% 42 L & N ..127% -137 137% 126% M K & T.. 36% 36% 36% 36% Mo Pac pfd 84% 83% 84% 84 % N Y C ...127*. 126% 127 136% NY NH &H 41% 40% 41 40 % Nor Pac . 72% •• • 72% , Nr & West 146% 3 46% 146% 14b Pere Marq. 93% 91% 92% 91% Pennsylv... 52 % .. . 52 % 52 % Reading . . 86 % 85 % 86 % So % So Railway 115 % 114 % .. . 114 * So Pacific 101 100% 101 101 St Paul . . 11 ... U J 1 St Paul pf .... 18 St L&SW 67 % ... 67 % 07 St L & S F 95 ..., 95 95 Union Pac.148% 148% 148% 140 /a Wabash .. 42% 42 42% 42 Wabash p. 73% ... 73 73 Rubbers— Ajax ... ... 9% Fisk 17% ... 17 17. Goodrich .. 49% 48% 49% 49% Goody p/d 101 Vs ••• 101 191% Keliy-Spgf. 14% .. . 14% 14% U S Rub . 50 % 06 % 56% ob Equipments— Am C & F 97% ... 97% 97% Am Loco.. 101% ... 101 100% Am St Fd. 41% ... 41% 41 Baldw Loc 100% ... 105% 109 J■> Gen EUec .335% 32i 324% 3-0% Lima 57 ... 57 08 N Y Airb .... 39 Ihillman ..174% 174% 174% 1(4% West A B 110% U 6 llg% 116 Wes Elec.. 68 % 08 68% 67 % Steels— Bethlehem. 40 1 *! 40*4 4040 % Colorado F 40 % 4040 % 40 Va CHICAGO GRAIN CLOSE IS UNEVEN I Recessions Due to EleventhHour Price Dip. By United Press CHICAGO, June 4. —Grains closed uneven on the Chicago Board of Trade today as the result of an elev-enth-hour'dip in price levels. Wheat closed fictionally higher in all positions, save December, which was % off. Prices were unsettled throughout a day of erratic trading and took a sudden dip just before the close, losing practically all of the day’s gains. Cash graifi was firm. Crop news was generally favorable and European dispatches about poor crop .conditions, coupled with a belter export business, introduced a bullish feature into the pit. Corn closed fractionally lower in all positions. It was firm until the late wheat dip. The fact that the large number of 401 cars of this grain were received today had little effect on the pit. Cash prices were slightly -lower. Oats closed practically unchanged after another dull day. Provisions closed higher.
Chicago Grain Table —June 4 WHEAT— Prev. Open. High. Low. Close. close. June 1 .49 1.49 1.48 •July 1.38 1.39% 1.37% 1.38% 1.38 Sept 1.33% 1.34 1.32% 1.33% 1.33% Dec 1 36 1.30% 1.35% 1.36% *35% CORN— July .73 .73% .72% .72% .73% Srpt .77':, .77% .77 .77% 5 .77 % Dec. .78% .78% .7?% .77% .78 OATS— July .40'.. .40% .40% .40% .49% Sept .41'. ,41% .11% .41% .41'A Dee. 43% .43% 13% .43% .43 % T. \RP— Ju1v.10.07 16.72 16.62 16.72 16.50 RIBS— Job- Nominal 17.90 17.00 RYE—•JuIv .88% .89 .87% 88% .87% Sept, .89 % .91 .89% .90 % .89% De-- o:t <vt.% 93 .93% .91% CHICAGO. June 4.—Carlo! receipts: Whe-it. 13: Coni. 310: Oats, 55, Rye. 1. CHICAGO. June 4.—Primary receipts: Wheat. 191.009 against 781.690: Corn. 1935 000 arcim-t 881 000: Oats. 885,000 acairst 536 000 Shipments Wheal, 737,000 a-ainsl 84 1 000: Corn. 404.000 against 610.000; Oats. 762.000 against 806.000. CHICAGO. June 4. —VWuai—No. 2 br-"d *1 .55% @ 1 .57- No 3 hard. $1.51% @l.s3 ’A. Corn—No. I yellow 72'Ac: No. 2 yellow 72® 72 % <•; No. 3 ve-low. *; @7%c No 4 ve'low. 00 1 •@ 67 %c: No. 5 vellow No. 6 yellow. 59® 61C No 2 mixed 72c: No. 3 mixed. 00% I® 68c; No. 4 ntfxed. 64 %@ 35c: No. 6 mixed 58 @ 60'-e: No. 2 white. 72 %fa 79% re No. 3 white <49 % @ :il s i No. 4 white No 6 wlv'p. 59@000. Oats —No 2 white 41 Hi 41 %e: No. 3 wh'te. 40 ' ■ @4l <•: No. 4 w hile 40@41%e. Rve —-No. 1 89 'Ac. Timothy—[email protected]. Clover—sl2 (<i 28. -TOLEDO, Julie 4.—Wheat—No. °. <fi 53 'A (n 1,54 1 .. Corn—No. 3. 70 % @ 71 Rre—No. 2. 89c. Oats —No. 2. '.'Nfi 14 • No. 3 42@43c. Barley—No. 2. 70c C'overseed mestic s"•>■ October sl9 50: December sl6 50 Timothy—Cash $3 45: September.' S3 70. Alsilit Cash. sl7. Blitter—41® 44c. Eggs—3o tit 31 c. Hay—s3o. Local Waqon Wheat ind’ananolf. mJX* rn join nlwrvne are paving $l4O for No. 2 red wheat Othf-r Traom 'r-' , h4str mpri*
Births Bov* Walter and Martha Bundren. 447 X. BlaUr. Eli and Helen Cates. 2178 N. Olney. Cecil and Opal Bryan, VM S. Sneridan. Waliman and Beatrice (Jrnsc. 7.18 Greer. Robert, and Elizabeth Little. St. Vincent's Hospital. Barton and Anna Oliver. St. Vincent s Hospital. Don aid and Dorothy Base. St. Vincent s Hospital. Fram and Gertrude Meyer. St. Vincent's Hospital. Sterling and Ruth Phillips. 24JJ E Sooth. j Sidney and Lila Bash. Christian' Hospital. Ernest and Leona .Tolliffe. 2*‘Js4 Shelby Girls Ralmond and Eleanor Unvcrsaw. 1215 Naomi. Charles and Ruth Ott. 227 E. St. Josenh. John ami (Henna l.ocUe. 12-1° Udell. .\*be*t ami Jolin Martin. 140(1 l.aurcl Flias and Katherine Atkins. St. Vineert's TTopita'. Richasd nod r.Ktherinc Sidwcll. St. Vincent's Hospital. Walter and Dorothy Asncw. 1724 Cott a fe William and S*e!la Daniels 2800 Rader. Fchvjo-d and Martha Schwier. Christian Hosriital. _ _ ' Thomas and Wilma Kellis. G*.o S. New Jersey. Deaths Thomas Richardson. ">o. 357' W. Thirteenth. acute myocarditis William lours 52. 2143 Martindale, cerebral hemorrhage. Robert L. Fisher. 43. 2620 Boulevard PL. broncho pneumonia. Maud Fleming. 47. Christian Hospital. septicaemia. „■ _ Jennie Wynahia. 1 dav. 311 S. Kevstone. nonclosure of foramen ovale. Mary Belle Paivott. 3.60 L N. Euclid, lbbar pneumonia _ _ „ Jennie Elizabeth Gamble. 66. 142 S. McKim. ehrotiis myocarditis. Paul Edward Armstrong. 5 months, 3.).> N. Holsoes. broncho pneuonia. Mary Margaret Risen. 52. St. Vincent's Hospital pyloric stenosis Malinda Allpn. 49. 605 W. Twelfth, cerebral hemorrhage. Cora A. Sanders. 66. Central Indiana Hospital, chronic myocarditis. James Ear! Locke. 6 months. 614 Somerset. broncho pneumonia. Francis Woods. 38. 1439 N. Senate, pulmonary tuberculosis Mary Constarice Goforth. 29. 909 Congress. sarcoma. Eliza Jane Lacey. 76. city hospital, peritonitis. Marv Jane Perkins. 7'J. 2110 Broadway, angina pectoris. Chester Goodknigbt 17 St. Vincents Ho-ni'ai, acute appendicitis. Idris Eileen D wigging. 2. Riley Hospital. inanition.
Crucible .. 71% 70% 71 70% Gulf S S. 70% 70% 70% 71 PKC* 138 % 37% 38 37 % Rep Steel 49 Slogs-Sheff 125 ... 125 124 U Statee S 120% 125% 125% 125% Union A1 28 % Vanadium.. 35 ... 34% 34% Motors— Am Bosch. 21% 20Si 21% 20 Chandler .. 32-51 Chrysler. . . 32% 32% 32% 31% Dodge .. . 27% 20% 27 26% Fish. Body 88% 88 Vi 86% 86 Gen Mot.. 130% 130 130% 129% Hudson .. 67% ,66% 66% 66% Hupp 20% \2OV4 20% 20 4 Joraan ... 32 % 32 32 % 31 % Mack 115% 114% 114 % 114% Martin-Par ... ... . 18% Moon ... 24% ... 24% 24 Vi Nash .... 55 % ... 55% 55% Packard .. 30 V+ 36 36 86 Pieroe-Arr. 26% 25*4 26% 25 % Studebaker. 52 % 51 % 52 52 Stewart W. 72 % ... 72 % 72 Timken .. 51% 51 51% 51 Wißys-Over. 26 25 % 25 % 25 % Milling— Am Smet. 121% 120% 121% 120% Anaconda r 46% 46 46% 40 Cerer D P 65 64 64% 03% Int Nickel 36 ... 36 30 Kenneeott. 53% 53, 53% 54 Vi Tex G& S 140% 139 140 138% U S Smelt 38 Oils— A Refining 123 122 123 121% Cal Petrol. 32’4 ... 32% 33 Freeport T 34*s ... 38% 33% Gen Petrol 65 % ... 64 65 Houston ..02 ... 02% 03% Jndpt Oil .. 25% ... 25% 25% Marland Oil 58 % 57 % 58 Vs 58 Mid Con Pet 32% 32% 32% 32% Pan-A Pete 09 % ... - 09 % . 7(1 P-A Pete B 71 Vi 09% 70% 71 Pacific Oil. 1 % ... 1 % 1 % Phillips Pet 45 % 45 % 45% 45% Union Oil.. 44% ... 44% 44% Pure Oil . 28% 28 28 28 Vi Roy Dutch. 53 % ... 53 % 53 % Sinclair ... 22% 22% 22 Vi 22% Skelly 34% 34% 34% 34% S Oil of Cal 57% ... 57% 57% S Oil of N J 44 % ... 44 % 45 Texas Cos.. 53 % ... 63 % 54 % Trans Pete. 3 % ... 3 % 3 % Industrials— Ad Rumely . . ... ... 11 % Allis Chaim 83% 82% 83% 82% Allied Chm 1211% 118% 120 118% Armour A. 14% 14% 14% )4% A tner Can. 47% 47% 47% 47% A H & L pf 44% Amer Wool 24 ... 24 23 Vi Cent Leath 9 % ... 9 % 9 % Coca Cola .154% . 154% 154 Cont Can.. 76% 76 t 70% 75% Ccrtainteed... ... . . 42 % Dupont. ..218 215% 217 210 F Players .125% 125 125 125 Gen Asphalt 70% 69% 69% 09',:, In Cm Eng 55% 53% 53% 54% lilt Paper.. 61% . . 51% 51% Int Harv.... . 117 % -May Dpt S 114% 114 114% 114', Mont Ward 60% 00% 60% 60% Owen Bottle 63 % 02 1 v 63 % 02 % Radio .... 45% . . 45 % 45% Scars Roeb 48 % . . 48 % 48 % Untd Drug 155 155 154% U S C I P 172 108 172 108% U S In Ale 55% 54 55% 53% Woolworth 150% 119% 149 149 Utilities— A T and X 149% ... 149% 149 Brklyn Man 07% .. 07% 67% Col G & El 80 % ... 79 % 80 % Cons Ga. . 95% 9.i % 9.) '- No Amu Cos 50% 49 % . 49 % 51 Peoples G . . . ... ... 121 Vs Phila Cos . . 72 71 72 71 St G & El. .54 Vi ... 54 54 Wn Union. .. ... ... 144% Shipping— Am Int Cor 36% ... 36 Am Sand C 9% ... 9% 9Vi Atlan Gulf. 40% 39 40% In M M pfd 37 V* 36% 37% 30% Untd Fruit 108 ... 108 108 Foods—- ! Amer Sugar . . \ . . ... 68 % Am Bt Sug . . ... ... 22 Austin Nioh 14% ... 14% 1> Corn Prod. 37 % 30% 37% 43% Cu Am Sug . . . . . . . 25 % Fleischman 45% 45% 45% L>% Jewel Tea. ... ... 32 % Nat Biscuit 88% 88% 88% 88% Postum . 91 89% 90% 88 Vi Ward-JJk B 29% 28% 28% 29 Tobaccos— A Sumatra . . ... ... 14% Am Tobae 110 , 115% 115% Am Tob B 115 ... 114% 115 Cons Cigars 01 % . 01 01% Lorillard . 38% 38 38% 38 Tob Pro B 100% 100% 100% 100% U C Stores 92% 92 92% 91% Schulte R S 47 %
Indianapolis Stocks
—June 4 Bid A.k American Central Lite ... 250 ... Am Creosotin? Go :)frl ...100% ... Advance Rumely Cos com ... Advance Riimelv pfd . . Bolt R R coni 65 Beit K It mu o 7 Cent Ind Power Cos pfd.... 88 90 Century Bids Did 99 Citizen* Gas Cos corn 45 ... Citizens Gas Go old . . 105 ... Commonwealth Loan pld. .90 ... buuiiatile hecurities com. 51 ... Hook Dm? Cos com (Class A! 27 ... Indiana Hotel com 100 ... Indiana Hotel ofd 106 ... Indianapolis Gas 57 ... Tndplu & Northw tj'd 49 ... Indole * S R pfd . . Indpls Street Railway 39 41% Interstate Put) 8 prior lien 99 ... Merchants P Util Cos old . 97 . . Real Silk old J>B%' 101 Prosn'r-ss Laundry Cos com.. 20% ... Public Savinzs ins Cos .12 ... Rauli Fertilizer . 48 , . . StaiAlard Oil of Indiana.. 64% ' 05% Sterlin? Fire (ns 12 T H T .V h coin 2 5 T If I t E pfd 25 30 T H T & Lt ofd 82 100 Union Title com 100 102 C T nion Trae of Ind com 1 Union Trae of Ind Ist nfd.. .. 10 Union Trae of Ind 2d nfd. . . 2 Van Camp Paek Cos nfd . . 16 Van Camb Prod Ist pfd .... 95 Van Canin Pend 2d pfd ... 95 Wabash Rv Cos com 4 1 4.3 Wabash Ry Cos pfd 72% 7.3% —Bonds— Belt R R and Stock Yards 4s 88 ... Broad Ripple 5s 73 ... Central ind Power 08 98 % . . Citizens Gas 5s 98 98 % Citizen* St Rv 5s 82 80% Home T and T 102% 103% Indiana Coke and Gas 6s . . 95 97 Indiana Hotel 5s 07 ... bid Ry and Elgin 5s 96 Indpls Col * So ... 98 100 Indpl* C'as 09 98 100 Indpls Lt and Hi (is 101% Indpls A: Martinsville ss. . . 62 07 Indpl* Northern I-. .. 29% Indplil Northern eertif • •• fminis No-thwf*tern 5s . . 65 7 0 Indpls & S E 5s ... indies ''lielb.v & S E • • • , Indpls 81 Ry 4s 03 65% Indpls Trae and Term 5s 93% 9o Indpls Union Ry 5s 100 ... Indpls Waiter Whs see 97 . . . Indpls Water 0%8 ...... 103 -- . . Indpls Water 4%k 92% a 93 % Interstate Pub Ser? 6s ....100 102 Interstate Pub S*rv 0%5..102% ... THU H 5s 72 TH T and Lisrht 92 , ... Union Tr and Ind 0s 18% 2.3 Union Traction eertif 10% ... —Bank Stocks — Aetna Trust and Sav Co.’.. 112 ... Bankers Trust Cos ........ 130 ... Cit.v Trust Company ~ . . . .141 Continental National 110 ... Farmers Trust Cos ........ .235 Fidelity Trust Pletelier American 1-57 164 Fletcher Sav and Trust Cos 242 Indiana National Bank ...260 203 Indiana Trut Cos -. 225 Live Stock Ex Bank 160 170 Marion County Stale Bank. .160 ... Merchants Nat Rank .... 317 , ... People's State Bank 245 ... Security Trust 7.235 ... State Sav and Trust 100 104 I'-iMii '"rost Comnanv .'M9 400 Wash Bank and Trust Cos 150 —Liberty Ronds Ist 3 s 100.61) 100.82 Ist 4 1 -s 102.50 100.04 2nd 4 1 , s 100.74 100.81 3rd 4'is 101.18 101.28 4 til 4%s 103.00 103.18 IT S Tr 4%s 108.10 108.28 17 S Tr 4s 104.3(1 104.40 .IT S Tr 3%s 101.40 101.00
In the Sugar Market
(By Thomson & McKinnon) NEW YORK. June 4.—Sugar futures abso-bed a good deal of selling today and stood this test well. Hedges against purchases in the cost and freight market and liquidation of the nearby positions acid I" (i most o' this se'iinr T—-de reports referred particularly to the offerings of duty free sugar which have been coming upon the market the past few daVss. Sales in the spot market were made at l % while refiners selling prices were maintained up to the 5.70 level. II is probable that the close of the week will find the grinding season in Cuba practically at an end. We will then have a e'earer idea of the size of the crop. What the market is more intelC-ted in now. however, is the prospect for larger consumption This will come but at a gradual pace a.nd in the meantime we look for only small price changes in the futures market.
In the Cotton Market
(By Thomson & McKinnon) NEW VORK. June 4. —Cotton was strong Thursday. The map will probably show further rains in Texas and Oklahoma today. 1 expect cotton to sell materia y higher this month. The general trade and Europe in particular, does not appreciate how poor crop prospers are.
THE INDIANAPOLIS TIMES
Receipts Estimated at 7,000 Hogs; Bulk of Sales $14.10@ 14.60. HOG PRICE RANGE May Bulk. Top. Receipts. 28. 13.65 @14.35 14.45 7.500 29. 13.85 ® 14.35 14 45 3.000 June 1. 13 85® 14.35 14.45 9.000 2. 13.85® 14.35 14.50 10.000 3 [email protected] 14 70 7 500 4. 14.10 @ 14.60 14.70 7.000 The hog market was unchanged in trading today at the Indianapolis Livestock Exchange. Receipts were estimated at 7,000 porkers and 602 holdover hogs were added to the total fresh offering. Light weight material brought the top price of $14.70 and the bulk of the sales was made at [email protected]. Competitive markets were strong to higher but the demand at the local market was just equal to the run of material offered for sale. Trading was active and the hogs moved to the scales at an early hour. Hogs weighing 160-180 lbs.. $14.70; 180-200 lbs., $14.60; 200-225 lbs., $14.40; 225250 lbs., $14.25; 250-300 lbs., $14.10; 3po lbs. and up, $13.55. Hog Price Scale Trading was done oyer the following range of values: Heavy weight material brought [email protected]; mediums sold at $14.25@ 14.40; lights commanded the top price of $14.60® 14.70; light lights averaged $14.75; pigs, were $14.775@15; smooth packing sows moved at [email protected]: #**vigh packing sows cashed at $12.50@13; and stags were sll @l3. The cattle market was slow but prices were held steady with recent recessions. As the week closed the marked resumed the same aspect shown at the close of the previous week. At the start of the present week of trading the market was strong and Tuesday and Wednesday prices were strong. Later, however, values slumped until the present condition was reached with the week-ends of the present week and last week showing a similarity. Steers were priced at s7® 10: heifers s7@lo; and cows [email protected]. Receipts were light but an average and were estimated at 800 bovines. CalVes are Weak The calf market opened the day at the same prices levels quoted at the close of the Thursday market. Best vealers brought the top price of sl4 and the bulk of the offering, estimated at 1.100 vealers, brought around $13.50. No further recessions were chalked up during the course of the day’s trading. I The sheep and lamb market rer.alned steady with previous quotations. Receipts were estimated at 300 ovines. Spring lambs were priced at $1317.5(1; clipped Jamßs $12015.50: clipped sheep $407; and bucks $3.50.04.50. —Hoc*— Hesrie. *}2-2225t:2S 70 Lilftit liytit* 12 vli @15.00 ■ ■ ■■■■ J 9 00® 13 50 Smoo'h now, , 50® 13.00 Star** 1 So "* 11.00® 13 00 Good to choice tut steer* $ 2 1 O O 0 Common to T,, ed"i n * teer. ,' 0 ™ Common to medium heifer* '■ -{JO® 9.n0 i—Calxe*— Met r,m n nlk I* on <tt 10 00 Common to medium o.oo® luuu —Sheen and l.amh* — Clirmed lamb* *'isn@'“oo Clipped sheep [email protected]' Buck! Ia avo® iso Other Livestock CHICAGO. -line 4—Cttl —Receipt*. .2.000: fat steer, scarce; hetter srarteg stcadr and scarce; others *'ow- .best V r S?~ ferred steeis. $10.3.>: few- load* $lO 25 vearlinr*. $lO.lO top: bulk. < ’ ' w to £sc lower: and den-liaed: bulla rc* ,ler * stead v at sl3 @13.75. Sheen— Receipt*. 7 000: fat lambs strong market -•< birhrr: better uririe* showed moM wv vaiw fat natives ‘rlß 7. others at rn IR.dO yrnrlinf top seme odd lot* at sls® 10: '3 ear* Call fnrnia springers. $1.5. shorn native lamh 813W14 upward In sls to the small kiters: hulk nf sheep slow', stocks low er fall ewes. $4.50® 5.;*0: desirables. s6® 6 50. Hogs—Rc-eipts. I '>.ooo' market slow. 10® 15c higher: top. MlOn: bulk. sl3 80® 14 30: heavyweights .$> •-* 14.25: mexlhimweight* sl4® 14..>j>; hghtweighls [email protected]: lif'i : raj'Uin* wwb. sU.ooiw. Rlßiiirhtpr piRT. $14^14.70. V CI.EVELAND, Juno 4. — Hors Re eeipts, 2.000: market steady or higher: Yorkers. $14.75® 15: mixed sl4 00® 14.65: medium. $14.25: nigs sl.>: rough" sl2: slags. $8.50. Cattle— Receipts. 200. market steady: choice yearling steers. ?.• @10; good to choice butcher steers $8 W 9: fair io gi.ocj butcher steers.. sß®. 8 50- good to choice heifers sß(ii9; good to choice butcher bulls s7®, 8: good to i*lioio* cows. ?s(if 6.. r 0: fair to pone! cow - $4 (,;.■>• common cows s3® 1 milehers and springers s4o® 90. Sheen and lambs Receipts 500: market steady: top. $16.50. Calves —Receipts. 300: market steady: ton. $14.50. EAST BUFFALO. June .3. —Cattle —-Receipts. 275: market active, steady: shipping steers sß® 10: butcher grades. SM.cO @950: cows. $2 @7.25 Calve* —Receipts 1 900: market slow. 100 off: eull to choice $3.50® 14. Sheep and lambs Receipt*. 500: market active steady: obnio" lamb*. $17.50® I8..1O: cull t° b ■ sl2®, 14 marline* $lO @ 10.50. *h eeji $3.50 @10.50. Hogs—Receipts. 3..00: market active, steady to We, up: York®". *ls® 15.25: nigs sls® 15.85: mixd. sl4 60® 15: hf-avies $14®1A0O: roughs. slß® 12.50: stags. $8.50®9.50. PUrTS BURGH June 4—Cattle—Reeeints light' market, plow: choice. $9.01) ® 9.75 good. $9.25® 9.50: fair. $ 1 jo@ 8 25- veal calves. $1.3.50@14. Sheep and lambs—Receipts. 2-PD: market, steady: ,-irir wethers. 38.50® 9- good. $7.7.>@ >, *’ ■ fair mixH. ><)♦&■ n •)(>• lambi S8 @lO. Hogs—Receipts. V. 5-DD:. market, prime Heavy. J 4..>0; rnedlurns, • [email protected]: heavy Yorkers $14.90® 15.05 light Hirkers. $15.10® iv'fv pigs sls [email protected]: roughs. #lo@j 12: stags. 6® 8. * CINCINNATI. June 4.—Cattle Re,.Pints, 6110: market steady: shippini' steers good to . ho'ee. s9® 10. Calves—* Market lower: good to choice. $lB. iO® 13 50 Hogs—Reoeims. 4 000: market ae live, steady 10® 30c higher: good _'o choice packers and butchers. $14..>0 Sheep—Receipts. 3.500: market s'eadv: ■good to choice 36® 7. Lambs—Market strong: good to choice. sli..>o(b 18.0(1. TOI.EDO, Julie 4. —Hogs Receipt*. 500: market steadv. JOe higher- heavies. sl4® 14.50: mediums $14.40® 14 ..*9: Yorkers. $14.50® 14.75: good pigs. $14.7;; (</ 1 5 Calves—Market strong. Sheep and lamb*—Market strong.
COL WALL IS HONORED Nominated for Vice President of Engineers. Bn United Press FRENCH' RICK, Ind., June 4. John H. Hunt of Detroit was nominated for | president of the Society of Automotive t Engineers in .1927. at the closing session of the society’s summer convention here. Nomination to an office in the society is tantamount to election as the organization nominates, but one man for eac-h position and elects him iit the January meeting. Col. William D. Wall, Indianapolis, designer of the car which won. the 500-mile race in that city in 3 912, was*4fbminated first vice president. ———————- ———v The first commercial shipment of seed lwtatoes front British Columbia to California went forward recently, consisting of sixty tons of Burbank certified seed. /' .
Named for Judge of Apellate Court
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John W. Undley, Sullivan attorney, received the Democratic noininaiioit for judge of the Appellate Court, first division, at the party’s State convention in Tomlinson Hall Thursday. Norman E. Patrick, Indianapolis lawyer, also was nominated for the position. Two judges are chosen from each division. The nominations were h.v acclamation.
INJUNCTION PLEA OF STREET CAR UNION TO BE UP Organizers Seek Protection From Arrest —Stock, Bonds Slump. Hearing to obtain a temporary injunction to prevent police from arresting officials and members of the Amalgamated Association of Electric and Street Railway Employes of America will be held in Superior Court Three at 10 a. m. Saturday. A temporary restraining order was granted two weeks ago by Judge Sidney S. Miller, after officials and members were arrested a number of times on vagrancy and blind tiger charges. Solon J. Carter will hOSr the case as special judge. Although there were no sales, street railway stock and bonds slumped on the Indianapolis Stock Exchange today. The price bid for the stock droppeg $3, the closing bid being $39. Closing ask price was $41.50, which was $.3,30 lower than the ask quotation Wednesday. Bid ({notation lunver The closing bid quotation on bonds was $63, which was -$2 lower than on Wednesday and the closing ask quotation was $65.75. which was $1.75 lower than on Wednesday. The amalgamated association has organized more than 1.000 employes of the Indianapolis Street Railway Company, according to John M. Parker, association vice president. Parker said he had Iteen informed a hearing will be held in Federal Court, June 22, on a temporary restraining order granted by Judge Robert C. Baltzell Wednesday, to prevent association members from influencing street car company employes to strike. A strike was threatened for 2 a. m.. Thursday. According to John M. Parker, vice president of the association, the fol lowing demands were presented That' about' thirty men, who have been discharged from the company’s service, be reinstated; that ail disputes be settled between the eni ployes and employers by arbitration and that the following wage scale go into effect: For the first three months, 55 cents an hour; next nine months, 60 cents an hour, and after the first year, 65 cents an hour, with men operating one-man cars and busses to receive an additional 5 cents on each grade of the scale. Scale For Barn Men
The association ftxks that this scale be put into effect with barn jnen and miscellaneous . employes and that overtime pay be time and one-half. Harry B. Dynes, of Indianapolis, a commissioner of conciliation of the United States Department of Dabor has been assigned to observe the street car situation. James P. Tretton. superintendenH of the Street Railway Company, said this wage scale will increase the company’s expenditures $2,000,000 annually. Present wage scale of employes is 37 cents an hour for the first yegr with a'l-cent an hour! raise every year thereafter until the fifth. After that the wages do not increase. Street railway officials today said that they had not received remands of the association, which, according to union officials, were presented the company. IN CRITICAL CONDITION Stove Explodes at Home. The condition of Mrs. Mary Dille, 84, of 2321 W. Walnut St., was critical at the city hospital today. Mrs. Dille was burned late Thursday when a coal oil stove at her home exploded, police said. Mrs. Mildred Hopkins, 2331 W. Walnut St., hearing screams, ran to Mrs. Dille, whose clothing was a mass of flames. Water was thrown on her and her clothing torn off by Mrs. Hopkins, but her skin had been badly burned. Mrs. Bessie Wheeler, a (Laughter with whom she lives, told police her mother has been acting peculiarly I for some time. A suicide theory was investigated. REPORT CLOTHING THEFT Charles Coffin: 1213 N. Meridian St., today reported to police the theft of clothing and a rug valued at $237 from his home.
PREDICT CHANGES IN CITY SCHOOL PRBALSHIPS Board Due to Take Final Action on Teachers’ Lists. Several changes in principalships of public schools were forecast as the outcome of a special school board meeting at 4 p. m. today. The baord was to take final action on tentative teacher’s lists for the coming year, submitted several weeks ago. The instruction committee, meeting Thursday, announced it was prepared to present all changes desired to the board'this afternoon. Superintendent E. IT. Graff said there probably will be many changes in principals’ appointments after the meeting, because many of them desire to be changed. May Be Discharged It is understood that Miss Mary McGee l , a Catholic, School 54 principal. will be discharged or relocated, and also that Mss Mary Connor, a Catholic, School 46 principal, will be either discharged or appointed to another school. Miss Addie Wright. School 1 principal, has submitted her resignation, which will be accepted at the session. The resignation was not voluntary, it was said. Not To Be oi “Carpet” Possibility of Assistant Superintendent D. T. Weir being brought before the board and placed on the “green carpet” did not seem strong. Word was out that the majority faction wanted him ousted, but since Graff tentatively has reappoint'ed hirn, it will be necessary for the board to obtain four out of five pos- ! sible votes to veto Graff's rerommyi- ! dations. Whatever action the majority at- | tempts on the appointments will be | lesisted by the minority. MRS. VANDIVER’S TROUBLE DOUBLE Held in Jail on Bigamy Charge.* | Trouble t-onies in pairs for Mrs. | Frances Vaudlvcr, 21, of 746 Somcrj set Ave., held in Marion County j jail on a bigamy charge. Besides this charge, filed in Criminal Court by the grand jury, Mrs. Vandiver faces a child neglect charge In Juvenile Court. She hud been at liberty under sl,* 000 bond provided in Juvenile Court, but was locked up when she was unable to give an additional SI,OOO bond when arrested on the grand jury capias. Mrs. Vandivier is alleged to have married James R. Vandivier on May 29, 1920, and Joe Johnson on May 15, 1925, in Hancock County. She has two children. Judge James A. Collins ordered the two alleged husbands brought Into court Monday morning when he will rule whether or not Mrs. Vandiver should provide bond while under | bond in the juvenile court case.
BOMB ANOTHER U. S. EMBASSY No One Injured, Minister Reports. Bu United I'rrss WASHINGTON. June 4.—An attempt to bomb the chancery of the American legation at Montevideo. Uruguay. today was reported to the State Department by American Minister Grant-Smith. “The bomb exploded at 8 this morning in the vestibule building in which the chancery Is located. No one injured. Telegraphing details later,” Grant-Smith reported. It is believed here that the attack is connected with the protest of radical organizations throughout Latin America against the recent decision of the Massachusetts Supreme Court denying anew trial to Nicola Sacco and Bartolomeo Vanzetti, convicted of murder. A similar attempt to destroy the American embassy at Buenos Aires was made on May 17. • LINCOLN CLUB ELECTS ■Bertram C. Day, president of the Crescent Life Insui-ance Company, was elected president of the Interna tionnl Lincoln Club at an organization meeting at the Board of Trade today. Other officers: First vice president. Vinson H. Manifold; second vice president, Marshall D. Uupton; secretary. Harry T. I.instaodt; treasurer, Dr. Lyman R. Pearson.
Maris Fall Caused v by Rope on Truck Jacob Kirkpatrick, 70, of 1119 Fairfield Ave.. was in St. Vincent’s Hospital suffering from back and possibly internal injuries today. Witnesses said Kirkpatrick fell when a rope trailing from the rear of a truck wrapped around his legs while lie was crossing the street at ThirtyFifth St. and College Ave. Ail auto wheel ran onto the rope and when the truck ■started the rope “whipped" around the man's legs, throwing him to the ground. It was said the truck owned by F. D. Gardner Refrigerating Company. 221 E. Norman St., was driven by Floyd Ballinger, 522 S. Missouri St.
Nominee for High Court Judgeship
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Paul (1. Davis, Indianapolis attorney with offices at 1116-1117 Fletcher Savings and Trust Bldg., was nominated for judge of the Supreme Court, Tilled district, by Indiana Denionrats at tlieir convention here Thursday. Davis was city attorney during the Bell administration. His father was prominent in Democratic politics for many years. The nomination was by acclamation
SEVEN FACE AUTO TBEFTCHARGES Three Taken Here —Four Returned From Salem. Seven youths, alleged to be auto thieves, were held at city prison today on vehicle taking charges. Three of them were arrested Thursday night by police, who said they found them in stolen autos, while the other four were returned from Salem, Ind., where theV were arrested Wednesday In an auto said to have been stolen here Tuesday night. V Auto thieves were extremely active Thursday night, taking fourteen chrs, valued by their owners at $5,620. Six other autos, valued at $2,125, were recovered. Youths arrested here were Wilbur Allen. 20, of 2918 Newton St.: Leonard Wilson, 19, of 2405 Brookside Ave., and John Cobb, Negro, 617 Hudson St. Allen also was charged with carrying and drawing deadly weapons. Youths returned from Salem were Fletcher Bcndler, 19. of 2222 Hanson St.: Walter Hancock, 19, of 933!* S. Merhlian St.; Bev eridge Cole. 18, of 116 N. Senate Ave.. and Burnie Brazzell, 17, of E. Twenty-Fifth St. STANDARD OIL DIVIDENDS CITED Indiana Company Paying 25 Per Cent, Senate Told.
Times Wash in'linn Bureau . I t'2 Ycir YirL Arenur WASHINGTON, June 4. The Standard Oil Company of Indiana has ]>aid more than 25 tier cent dividends yearly for tlie? last four years. Senator Trammell of Florida, told the Senate late yesterday in pressing his resolution for investigation of gasoline and oil prices. The Senate passed the resolution. It empowers the Federal Trade Commission to inquire intd and report to tlic Senate ns to whether there had been price fixing among oil companies in recent price-increases. Trammell said lie obtained It is Indiana figures by reading of the dividends declared to the stockholding employes of the Indiana Standard Oil, which Trammell said hail amounted to 115 per cent in four years. This, he said, showed the profusion of the stock. He said statement by Governor Byrd of Virginia that the increases during the last four months woulj cost the -American people half a billion dollars annually, the gasoline increase $300,000,000 alone. THAT DRY ORDER HELD HARMLESS Report Made by Senate Probe Committee. 0 Bu Vnitrd Press WASHINGTON, ' June 4.—A report holding that President Coolidge's executive prohibition order was,of "harmless’’ legal import—and no more than an expression of policy— was submitted today to the Judiciary Committee of the Senate, by the subcommittee investigating the order. Tiie report was drawn by Senator Thomas J. Walsh, Democrat, Montana. a member of the committee, and was discussed in a half-hour session behind closed doors. The committee found some minor objections to it find final decision was until tomorrow. STUDENTS HELD I P Bu United Press CHAMPAIGN, 111., June 4.—Using revolvers to hold at bay twenty University of Illinois students, two robbers early today robbed a caXc in the business district and escaped in an automobile with SIOO.
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SENATE PRIMARY INVESTIGATION TO START NEXT WEEN Indiana Fifth on List of States Where Probes Will Be Held. By Unit’d Pte WASHINGTON, June 4.—The Sen- 1 ato primary campaign expenditure* committee decided today to begin a 1 probe of the Pennsylvania primary next Wednesday. Executive chairmen and treasurers representing each of the three candidates In the senatorial race will be called before the commltte In Washington to tell how much money was expended and for what purpose. Representative William S. Vare, wet; Senator George Wharton Pepper, dry, incumbent, and Governor Gifford Pinchot, dry. were the three' candidates represented in the Republican race, which was won by Vare. In deciding to investigate immediately, the committee Ignored the wishes of Individual members who the investigation postponed until the Senate should adjourn. Later the committee may go Into Pennsylvania to hear other witnesses. No course was mapped beyond the Pennsylvania inquiry, but it is generally expected that the committee will next Inquire into the Illinois prlmnry and then Into the New Hampshire, -* Kentucky, Indiana, North Dakota and lowa situations. NIELS SON,IIEATS ; WILE; ENDS LIFE Special Delivery Letter Sent to Police. Bu United Prim LANSDALE, Pa.. June 4.—Receipt of a special delivery letter warning that something tragio had transplsed led police to home of Robert Norton Hill here today and revealed his attempt to wipe out the entire family. Hill was found dead in the basement with a bullet wound in his head and Ills wrists cut. Au automatic pistol lay near the body. * A 20-year-old son, Paul, was found dead in bed. His head had been battered with a hammer and a bullet fired into his brain. Mrs. Lillian Hill was found unconscious in her bedroom with her head battered. Physicians feared she would die. Despondency over the Illness of his wife and son Is blamed. AUTO FUMES KILL THREE Police Believe Father Plotted Children's Death and Suicide. Hu United Preaa ELLSWORTH. Ohio, June 4. The bodies of Williajn Barnes. Alliance, Ohio, and his two children, nn 18-year-old girl and a boy aged 4, was found in Barnes' coupe near here today, the victims of carbon monoxide fumes. APer an examination police said Barnes had severed a rubber Inner tube, one end of It over the exhaust pipe of his I automobile and placed the othe>* end I Inside th? started motor. No motive ! for the act waa learned.
HIGHWAY INQUIRY PAPERS RELEASED Judge Acts on Petition of Prosecutor Remy. Judge James A. Collins of Criminal I Court today relensed.pnpers and rec-! ords of the State board of accounts which were ordered impounded by Prosecutor William H. Romy during the county grand Jury's Investigation of tiie affairs of the State highway commission centering on disposition of war materials held by the State. Petition to release the papers was filed by Remy. who stated that the evidence Is now necessary to the accounts hoard in preparation of Its report to the attorney general. Remy explained that the State will not be harmed by release of the papers. As result of the grand Jury Inquiry John D. Willinms highway commission director: Earl Crawford, former commissioner: George Bartley. former superintendent of equipment; Moses and Victor Goldberg and C. William Whaley, Junk dealers, were indicted. Whaley, charged with grand larceny, will face trial July 1. Trials of the others will lie later In July. FARB, 30LTED, TO APPEAL Collins Fines and Jails Son of Professional Bondsman. Joe Farb. 34 N. Adelaide St., son of Sam Farb. professional liondsman, charged With sale of liquor, was fined SIOO and costs and sentenced thirty days in jail today by Criminal Judge James A. Collins. Farb anld he will appeal. Russell Huge, 538 Massachusetts Ave., former poolroom proprietor, was given a similar fine and sentence on a liquor imssesslon charge. Eli Jackson, Negro. 148 S. West St., was fined SIOO and sentenced six months on the IndianA State Farm for alleged sale of liquor. Jackson is alleged to have sold liquodto Raymond Boyer of Danville. Ind.. and Charles Clark, a friend, who was fa--111 y shot by officers when the two attempted n hold up. Boyer said he anEl Clark were intoxicated. CAPTAIN DKVALIN FREED BU United Press NORFOLK, Va.. June 4.—Cap'.. Charles Devalin. commandant of the Norfolk Navy hospital, is not guilty of drunkenness charges against him, a naval court martial announced this a/ternoun
