Indianapolis Times, Volume 38, Number 305, Indianapolis, Marion County, 30 March 1927 — Page 13

IVIiCH 00, 1927

LOCAL HOG TRADE CONTINUES TO DECLINE

RIAIN INDUSTRIAL STOCKS MAINTAIN THEIR STRENGTH Car Loading Figures Furnish Stimulus to Forward Movement.

Average Stock Prices

Average of twenty industrials Tuesday was 160,02, off .30. Average of twenty rails was 120.53, off .48. Average of forty bonds was 07.20, un .05, new high. Bu United Press NEW YORK, March 30.—Car loadings for the week ended March 19 were 1,006,861, an increase of 95,380 over the corresponding week of last year. Os this gain, only 65 7-6 represented. heavier coal shipments, demonstrating that general business was expanding in rapid style. This furnished additional stimulus to the forward movement in principal industrial stocks which maintained a strong tone early. Some Decline However, a number of special is■eues were under severe pressure. Western broke 7 points to 19 on the omission of the regular quarterly dividend of 5 per cent due at this time. American Brown Boveri broke to new low ground on the movement at 3 4 V 6, off 1, on reports that suspension of the $2 dividend would be considered at tomorrow’s meeting Radio declined 1% to 46, reflecting poor earnings in the current quarter. Press Selling Professionals working on the short side of the market pressed their selling operations with great gressiveness around noon on reirts of lower steel trade operations. Steel common was forced down more than a point from its early high of 1G 6Va and proportionate declines took place in General Motors, American Smelting and other industrial leaders. ' Famous Players was under special pressure, breaking to new low f<Jr the year at 106 off 1% on selling actuated by expectation of an adverse decision in the investigation started by the Federal Trade Comcission under the Sherman antitrust law.

Banks and Exchange

—March 30— INDIANAPOLIS STATEMENT Local bank clearings were $3,338,000: debits, $6,101,000. NEW YORK STATEMENT Bn t nited Press NEW YORK. March 30.—Clearings, )7!),000,000; balances. $110,000,000. FOREIGN EXCHANGE i!ii I nited Press NEW YORK, March 30.—Foreign exchange opened steady. Demand sterling, $4,85 5-16; francs. 3.01 Uc; lire, 5.47’Ac, off .01 Vic; belga, 13.88Vic.''marks, 23.70 c.

In the Sugar Market

(Bv Thomson & MiKinnon) NEW YORK, March 30.—Current susar trade news continues unfavorable. Yesterday both raws anil refined were quoted slightly lower, but notwithstanding, these developments there was a moderate demand in the futures market for the later months. As long as refiners show a disposition to make concessions and raws are depressed, I don't expect any sustained improvement in futures. Further readjustments in the refined trade are indicated and until these are out of the way I would confine purchases to periods when market is under pressure, and then buy the new crop mouths.

Indianapolis Stocks

—March 30— —Stocks— Bid Ask Amer Central Life 609 ... Amer Creosotin* Cos pfd...lUL 105 Ad Rumely Cos com 12 12% Ad Rumely Cos pfd 35 36 Belt R R com (hi 70 Belt R R pfd 57 Cent ind Power Cos pfd .... 80 1)0% Cities Service Cos com .... 51% ... Cities Service Cos pfd PO ... Citizens Gas Cos com 50 ... Citizens Gas Cos pfd 106 ... Commonwealth Loan Cos pfd 99 ... KiuPtahle Securities Cos com 51 ... Hook Drug Cos com 28 % ... Indiana Hotel com 120 ... Indiana Hotel pfd 100 ... Tndlana Pipe Line Cos 67 ... Indianapolis Gas 59 02 Indpls & Northwestern pfd. 50 ... Indianapolis St Ry 37% 39% P Ser pr lieu pfd 102 Pub Util Cos pltl.UMi Laundry com ... 22% 23% Pub Sav Ins Cos 16 Rauh Fertilizer pfd 48% Real Silk Hosiery pfd 100 Standard Oil Cos Ind (17 ... T H I & E com 2 ... T H I & E pfd 20 T H Trae &. Light Cos pfd. . . 89 1)2 Union Trae ot Ind com 1 Union Trae of Ind let pfd .... 1C Union Trae of Ind 2nd pfd. . n Union Title Cos com si 91 Van Camp Pack Cos pfd.... 16 Van Camp Prod Ist pfd. ... 90 97 Van Camp Prod 2nd 95 Wabash Ry com 70 ... Wabash Ry Cos pfd 94 ... —Dank Stork*— Aetna Trust and Sav Cos ... 115 120 Bankers Trust Cos 132 City Trust Cos 140 Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 162 .... Fletcher American 170 ... Fletcher Sav and Trust Cos. .265 ... • Indiana National Bank ...266 270 Indiana Trust' Cos 230 250 Livestock Ex Bank 163 ... Marlon County Bank 210 • Merchants Nat Batik ....325 ... Peoples State Bank 188 ... Security Trust Cos 275 State Savings and Trust... 87 9(1 Union Trust Company ....410 ... Wash Bank and Trust C0...158 .... •Ex-dividend. —Ronds— Belt R R and Stockyards 4s 90 ... Broad Ripple 5a 79% .... Central Indiana Gas 65.... 98 Cent Ind Power Cos 6s ....100 ... Citizens Gas Cos 5s 102% Citizens St R R 5a 85 86% Home T and T of W 65... 103 Indiana Coke and Gas 65.. 102% Indiana Hotel 6s 98% ... Indiana Northern 5s 3 ... Ind Rv and Lt 5s 95 ... Irid Service Corp 5s 92% ... Ind Union Trae 5s 3 .iidpls Col & So 6s 98 100% Indpls Ga Cos 5s 99% 100% Indpls Lt and Ht 6s 101% 102 Indpls & Martinsville 55... 74% 75% Indpls Northern 5s 23% 24% luUpls & Northwestern 55... 74 % 75% Indpls Power & Light Cos 5s 97% 98% Indpls Shelby & 6 S’ fc’ ha! \!! 2 ! Indpls St Ry 4s 60 62 Indpls Trae and Term 55... 95 96 Indpls Water W^k* 6 Sec!loo Indpls Water 5%s 103% . . Water 4% a 94 % ... interstate Pub S 6s 102 ■hterstate Pub SBs 6%5..103% ... ft I & E 5s 85 ■. H Trae and Light ss. .. . 96% .. . K'nlon Trae of Ind Os 10 19 % —Liberty Homls—■at 3%s 100.70 101.00 ■st 4%s 103.10 103.40 * J-fS 100.30 100.50 ■i* 4%s 100.90 101.10 ■*h 4vi s 103.80 104.00 ■ §. Lr 4 '/, s 113.30 113.50 ■! 108.00 108.30 I, | 105.40 105.00 ■ 9Tr 3%s 100.00 100.50

New York Stocks .. ißy Thomson & McKinnon)

—March 30— Railroads— Prev. High. Low. 1:00 close. Atchison ..170 ... 177'A 178% Atl Cst L.. 181 % 180 180 180 B& O ... 115% ... 114 U 1151* tanad Pan 184 183% 183% 184 G& O ... 16314 163 163 163% C & N W. 81% ... 81% 81% C li 1 & P. 87% 87 87% 87% Del & Hud 105 ... 103% 106 Del & Lac 16214 160% 161 160% Erie 46 % ... 46 % 46 Erie Ist pfd 56 . .. 56 56 Gt North pf 86% ... 85% 86 Lehigh Val . . ... ... 117 K C Southn 52 % 51 % 52 51 % I, & N ... 134% ... 134% 134% MK&T .. 30 ... 30 % 30 % Mo Pao pf 104 Vi 103% 104 103 N Y Cent..l46 145% 145% 145% NY NH &HSO % ... 40 < 50% North Pae. 85% 85% 85% 85% Nor & Wll 178% 177% 177% 178% Pero Marq 110 ... up i| Pennsy . 50% ... 50% 50% Reading .. 11l 100% 110% 100% S Railway 112% ... 112 124% So Pacific 112% ... 112% 112 J St Paul .. . 1.3% .. ! 13%, 14 St Paul pfd 21 20% 21 ”1 i' St L A SW 60% 68% 60 67% ?L L 4 J F Til# 111 111 111% Union Pa c 171 ... 170% 170% tV abash ... 71 70 70 U, 71 iZ Wabash pfd 04% ... 94% 95 * Rubbers— Ajax 11 .... 10% u Fisk 18 ... ]7% ik Goodrich .. 53% ... 531? 54 Goodyr pfd .. ... . 78 104 K Kelly Spgfkl 18 ... 18 18 * U S Rubber 61% 60% 60% 61 Equipments — A C and F. . . ... ... 103V4 Amer Loco 111% ... 110% JlO% Am Stl Fdy . . a 4Y ft Bald Loco .188% 185 186 187% Lima .... 67 66% 97 hk N Y_ Alrbrk 44 .77 44 Pr Stl Car 67 % 64% 65 67% Pullman ..178 177% 178 170 Vi w ll . S Xl' TL?# 1U 115 116 West A f1..104% ... 153 154 West Elec. .7o % ... 74% 75% Steels Bethl ..... 53% 52% 53 53% Colo Fu... 60 50 Vi 50% 60 Crucible . . 01 01 01 01 Gu St Stl 7 98% Ph Re C&142 Vi 42 % 42 % 42 % Rep Stl ...71% ... 71 70% Sl-Shef . . ... ... j 20 % Ull St Stl .166% 165 165 166% Alloy .... 25% ... 25% 05 t: Vanadium.. 62% 51% 52 52% Motors— Am Bos ... 15Vi ... 15',4 151; Chandler .. 23% ... “3% "4 ' Chrysler ... 40% 4040% 40% Con Mo ..12 11% 11% 12 Dodge .... 10% 18 Vs 18 Vs 10% Peerless ... ... 26 ' h Gabriel ... 30% ... 3<(% 30% Gent Mo .. .182 % 180 180% 182% Hudson ... 60% 67% 67% 60 Hupp 21 % ... 21 21 Jordan .... 17 % ... 17 17 Mack 103% 101 % 101% 103% Mar-Parry.. .. ... ... 21% Moon , . % Nash 04 03% 63 % 03% Packard ... 34 % .. . ,24 % 94 \ Pi Arrow. ..20 % 20 20 % 20 % Studebaker. 52 % 51% 51% H2V. Stew-War .. 68% ... 58 58% Timken ... 85 84% 85 85% Willys-Ov .. 21 1 20% 20% "1% Wh M 0.... 50% ... 40% 50% Mining— Am Sm ...145% 143% 144 145% Anaeond .. 40% ... 40% 46Vs Cer Do Pas. 62 , . . 62 02% Inspiration. 20 U ... 20 Vi 20 ■'nt Nil-... 40 ;; s 4040% 40Vi Kennecott.. 62 V. 62% 62 Vi 62% Tex G A Stl 60% 60 60% 60% USSm.. .30 % 38 Vi 38 •% 30 % Oils— Atl Ret ...111 .. 110% 111 Cal Pet.... 28 ... 27 % 28 Preen Tex. 50% 55% 56 55% Houston ..101 08 V. 00 101% Iml 0i1... 23% ... 23% 23 V. Marland Oil 40% ... 48% 40% Mid-C Pet.. 34% ... 33% 34 Superior 0... ... ... 4% F-A P (B 163 li 62% 62% 63% Pacific Oil ... ... ... 1 % Phillips P.. 40% 48 % 48% 40 % Union Oil.. 43% 42% 43 43% Pure 0i1... 28Vi 28 28 28% Royal Dut .... ... ... 40 % Shell .... 28% ... 28 % 28% Sinclair .. 17% 17% 17% 17% SUelty ... 30% ... 20% 30% S Oil of Cal 56 ... 55% 56% S Oil oT N J 37% 36% 37 37% Tex Com.. 48% ... 48% 48% Trans Pet. 4% ... 4% 4% Industrials— Allis Chal. 95% ... 05 05% Allied Ch.. 142',.. 141 J4I 141", Arm (A) . . II % ... 11 "4 12 Arner Can. 45% ... 44% 45% Am Wool.. 21 ... 20% 20% A H&b pfd 50 . . . 50 40 % Am S Raz. 58% ... 58% 50", 1 Coco Cola. 192', 101 % 102% 102% Cont Can. 64% 62% 63 04% Certainteed ... ... ... 43% Dav Clieni. 27 Vi ... 27 % 27% Dupont .. 220% 217 Vi 218 Vi 220% F Players 107% 107 107 107% G Asphalt. 82 % ... 81% 82 In Comb En 51% 50 50% 52 111 Paper. 55% 54% 55 55 ’bit Harv. 158% 157 '.i 157% 157% Leows ... 58 % ... 58 % 58 •% May, D St. 70% ... 70 70% Mont Ward 65 64 Vi 4% 64% Natl Lead 100 ... 100 102 Owen Bot ... ... ... SO Vi Radio .... 47% 45% 45% 47% Rem Type 171 ... 171 160% Real Silk 47 Sears-Roe... 54% . . 54 54% Until Drug 186% 165% 165% 165%

Local Wagon Wheat

Loral grain elevators are paying sl.l S for No. 2 red wheat. Other grades are purchased on their merits.

Peppermint Oil

fßy Thomson & McKinnon) NEW Y'ORK, March 30.—Peppermint oil—Natural, $4.10®4.20; U. r.. $4.25 @4.35.

Commission Row

PRICES T 9 RETAILERS FRUITS Apples—Box apples—Slaymens. $2.75: Winesaps, $3.75; Delicious. 83.50 ©0.75. Extra fancy barrel apples Winesaps. $6: Rhode IhUuhl Greenings, $4.50: Cherry Red Baldwins. $3.75: Rome Beauties. $4.50; New York Kings. $4.50: New York Baldwins, 5-1 'u 4.35: York imperials. $4: Staymens. $4.50: Ben Davis. $404.50. Fancy barrel apples—Staymens. $3.75: Winesaps. $404.50: Baldwins. $3.75: Rome Beauty. $3.750 4: New York Baldwins, $3.50: Ben Davis. $3.75. Basket apples <4O-lb. baskets)—Staymtn Winesaps. $1.50: Delicious. $1.75: Romes, $1.50: fancy Romes. $3: Winesaps. s‘3: Wagners, $1.35: New York Greenings. $1.50; New York Kings, $1.50: Baldwins. $1.25; Staymens. $1.70. Bananas (jobing price)— 4\sQsc Jb. Cranberries—Jersey Howes, bail bbl. $3.00. Grapefruit—Extra fancy. $4.50 ST'S fancy. $3.50 04. Lemons—California. $4.500.5.26. Oranges—Florida. $3.750/ 4.75: California navels, extra fancy. $4.75446: fancy. $4.3.) (it 5.25. Strawberries—Alabama and (Louisiana. $8 24-qt. case. VEGETABLES Artichokes—California. $1.50 doz Asparagus Georgia, crate, $407; bunch. 50 (it 75c. Beans—Florida green, $4.50®5 hamper. Brussels Sprouts—Fancy California. 30c pound. Cabbage—New Texas, 4c. Cauliflower—Crate. $3. Celery—Florida, 44).1i-rioz. crate. $3.50; Mammoth (washed). sl® 1.2-5 doz. Cucumbers—Hothouse, $3 : Florida. $1.25 doz. Eggplant—Florida, $2 per doz. Endive—California $1.26 doz. Garlic-—California. 12Vie lb. Kale—Louisville bags. $1.50. Lettuce—lceberg, crt., $4.50; H. G., hothouse, $1.65 15-lb. basket. Mangoes—Florida peppers. $4.50 crate; $1.50 peck. Mushrooms—Pennsylvania. $1.60 0 1.75 for 3-lb. basket. Onions—H. G. yellow. 100 lbs.. $3.76; new Texas, $6 crate. Onion Sets—Red and yellow, 2 bu., 84.50; white, 2 bu.. $8; Texas Bermuda plants, 5.000-crate. $5.00. Oyster Plant—H. G„ 60c dozen. Parsley—H. G.. 60c per hunch; southern, 75e doz. Peas—Mexican telephone. $8.50 crate. Potatoes—Michigan whites. 150 lbs.. $3.00: Russet Burbanks. 150 lbs.. $4.25: Red River Ohios. 120 lbs., $3.40; Idaho Russets. 100 lbs.. $3.75: Idaho bakers, 00-70s, $4: Triumphs. 100 lbs., $8: new Floridas. sll bbl. Seed potatoes—Maine cobblers. 150 lbs., $5.50: R<d River Early Ohios, 120 lbs., $3.75: Bliss Triumphs. 150 lbs.. $5.25; Early Rose, 150 lbs., $4; Minnesota cobblers, 150 lbs.. $4.25. Radishes—Southern long reds. 30 0 35e: hothouse buttons. $1.25 Rhubarb—H. G.. 5 lbs., 50©65c. Root vegetables—Turnips, bu. 00c: parsnips, bu.. $1.50: carrots, bu.. $1.75; H. G. beets, bu.. $1.50: Louisiana beets. i)0o dozen. Shallots—Louisiana. 50c dozen. Spinach—Texas. $1.50. • Sweet potatoes bu.: Nancy Halls. $1.35. Tomatoes—Six-basket crt.. $3.50 05.

USC I P .213 Vi 213 213% 217% U S Ind A1 71% 70 70 71% Woolworth 126% ... 126% 126% ItiMties— * A T and T 166 % 166 Vi 160-% 166% Am Exprss 130 ... 130 1"0% Am Wt Wit 76. Vi ... 76 76% Brklyn Man 67 66Vi 67 65% Col G and E 86% ... 86% 86% Cons Gas . 06% ... 06% 07'i Interboro ... ... . . 43% No Am Cos 47Vi 46% 47 47% People* Gs i3l Vi ... 131'% 131 Phila Cos .... ... 10% 14 G and E 56% 56% 56 Vs Wn Union .103% 152 Vi 153 % 150% Shipping— Am In Cor ... ... 37% Am 8 A C.. 4% ... •”4. 4% Atlantic G . . . ... 31 if In M Mold 30 ... 30 3H United Fr .. . ... ... 121 % Foods— Am Suiiar.. 83 ... 83 83% Austin N ... . 51' Beech N P 55 ... 55 55 Calif Pkg.. 65 % ... 65 % 64 K 4 Corn Prods 54 % ... 53 % 54 % Cuba C pfd 41% ... 41% 41% C Am Sug . ... ... 24 % Fleisehmann 54 52% 53% 5" % Jewel Tea ... ... . 57 ,-u Nat Biscuit 113% ... 112 112% Punta Ale 30% 30 30% 38% Postum.... 07 Vi ... 06 Vi 06% WBk (B) ... ... . ° 34 £ Tobueeos— Am Sum.. 53% 63 53Vi 53Vi Am Tob ..126% ... 126 216 Abm T 8.124% ... 124% 125% Cons Cig... 78 Vi ... 77% 78% Gen Cig .... ... ... 54 Liggett 06 03 Vs 06 05% Lorillard ~ 27 Vi ... 27 Vi '•’7 R J Reyn .100% ... 100 100% Tob Pd B .103% 103 103% 103% Cig St.. 88% .... 88 90 Seh R S 48 %

TRADERS AWAIT WHEA[REPORT Prices Move Erratically in Narrow Range. Bn United Press CHICAGO, March 30.—Erratic movement of wheat prices, within a limited range, is generally expected on the Chicago Board of Trade the next few days, or until after the crop estimates of private experts are issued April 1. There is a general disposition to even up on quick turns and repeat, rather than take a definite stand. Open quotations were unchanged to Vi higher than yesterday’s close. Corn opened Vsc lower to Vic higher than Tuesday’s close. Big local traders who sold corn short on Monday were the active buyers yesterday, while one of the largest sellers at that time was not known to have covered. There has been so much liquidation in corn that selling pressure seems to subside on the breaks and more disposition to buy is noticeable, so that rallies are he- 1 coming a little more numerous. Oats opened unchanged to Vic higher than the previous close. Trade continues very quiet in this grain, with price changes very limited. Provisions opened steady. Chicago Grain Table WHEAT— ~ Marth 30 ~ p rev High. Low. 11:00. clone! p y y ::::: $5 1:^ * l ' S7 V * 7 J - 7, ‘ May 72% .72 .72 72% July 77 % .76 % .76% >7%' Sei* ••• • • -0% 79 Vi .80% OATS— May 41% .43% .43% .44% July. 44% .44 % .44 % .44 % RYE— May 1.01% 1.01% 1.01% 1.01 July 99 Vi .08% .1)8’;, .90% LARD— March 1° 37 May .... 12.47 12.42 12.45 12M5 July .. . 12.67 12.62 12.65 RIBS— May 14.75 14.05 14.80 Bn Times Special CHICAGO. March 30.—Carlots: Wheat 21; corn. 28: oats. 37; barley, 0; rye, 1. SAWS DECLINE, SAYS BANK DEAD Speaks Before Mid-West Conference at St. Louis. Bn Times Special ST. LOUIS, Mo., March 30.—The average savings account in the hanks of this country is steadily de dining, despite the fact that America is in the midst of the most prosperous period in its history and the national income has never before been equalled. Blame for this discouraging situation is largely that of our bankers, who have not kept pace with the trend of the times, Gaylord S. Morse of the State Bank of Chicago declared today in an address before the Mid-West Savings Conference here. The meeting was held under the auspices of the savings bank division of the American Bankers Association. Our bankers, Morse declared, must, j come to the realization they are duty bound to go out and sell their services just as the merchant merchandises his goods.

In the Cotton Market

..(By Thomson & McKinnon) NEW YORK, March 30.—A canvass of my sources of information on the actual demand for cotton m the South fails to show much improvement. Those with orders say they are too far under the marlcet to do much business. Above 50 for July the market will meet cotton. I think a trader can do no better than turn seller also. BOV SCOUTS PRAISED Declaring that Boy Scouts and the American Legion are both pledged to the highest purpose, the service of God and country, Paul V. McNutt, Indiana American Legion comrnonder, praised Scout activities at the father and son banquet of the Indianapolis Boy Scout Council at the Central Christian Church Tuesday night. FLIGHT REPORT DISCUSSED Bu United Press CURTISS FIELD, Long Island, N. Y., March 30.—A report that Leigh Wade, noted American aviator, might attempt a non-stop flight from New York to Paris before the end of next week was discussed at Curtiss Field today, but no confirmation was available..

THE INDIANAPOLIS TIMES

Cattle and Calves Weak to Lower —Sheep Strong to Higher. —Hog Price Range—■ March. Bulk. Top. Receipts. 23. 11.40 St 12.00 ] 2.15 6.000 24. 11.50(212.25 12.25 4.500 25. 11.40 <212.15 12.25 6.000 26. 11.40 H 12.15 12.25 2.500 28. '11.15 lit 12.00 12.00 4,000 11.10(211.85 11.85 5.500 The weakness of the local hog market, which set in Monday, continued in evidence today.- Opening trade at the Union Stockyards was slow, averaging 10 to 20 cents lower than at the same time Tuesday and weak to 10 cents below the same day’s mid-day trading. As the market became more established light material was 10 to 20 cents off, other weights weak to 10 cents lower. The bulk of the sales were made ’ within the limits of $10.90 and $11.60, the latter figure being the current top price paid on the best material ottered. The run estimated 6,000; holdovers were 450. Hog Price Range The rates applying to most of the lot were: Ninety to 130 pounds, sll @11.10; 130-160 pounds, [email protected]; 160-250 pounds, [email protected]; 250 pounds up, sll down. Packing sows were selling at Tuesday's quotations, $9.25@10. The cattle market was steady to strong, with 1,100 head received. Beef steers were [email protected]; beef cows, [email protected]; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, [email protected]. Calves Weak The veal market was weak to 50 cents lower. Best meat animals brought sls and other grades sold downward from that. Eleven hundred were received. In the sheep nnd lamb pens prices turned strong to higher. The run counted 400 ovines, mostly lamb? A small lot of good native lambs went at $16.25 and two decks of good to choice shorn lambs were held around $15.50. Top fat lambs were quotable at $16.50; bulk fat lambs, $15.50 to $16.25; bulk cull lambs, $9 to sll. —Hogs— Receipts. 3,000; market weak to lower. 90-130 lbs $11.00(0 11.50 130-160 lbs 11.25 211.60 160-200 lbs 11.35211.60 200-250 lbs 10.902 11.50 250 lbs. up 11.50 211.00 —Cattle— Receipts. 1.100; market steady to strong. Beef steers $0.25(0 10.95 Bulk stock and feeder steers 7.00 fn 8.25 Beef cows 5.75 2 7.75 Low cutters and cutter cows 4.252 5.25 —Calves— * Receipts. 1.100; market weak to lower. Best vealers $14.50215.00 Heavy calves 6.00% 9.00 -SheepReceipts. 400: market strong to higher. Top fat lambs $. 16:50 quotable Bulk fat lambs 15.502 16.25 Bulk cull lambs 9.00211.00

Other Livestock Bn United Press CHICAGO. March 30.—Cattle—Receipts. 9.000; killing classes steady to strong; “toekers and feeders scarce, steady: vealers 25 hi 50c lower: good fed steers and in-be-tween grade yearlings uneven, slow; no strictly choice steers offered; active demand for all grades sealing over 1.300 pounds; best. $13.25: numerous loads, $11,50 2 12.50: bulk. $0,30 2 11.75: vealers to shippers. sl3 2 14, mostly sl3. Sheep—Receipts. 12.000 • fat lambs opening very slow; fed sales to packers about steady; choice mediumwriglit lambs to yard traders strolls' to 25e higher; upward to sl7; heavy bulk wooled lambs, sl6 fn 16.75; choice 00-pound lambs held above $16.23; choico handyweights upward to $13.50: sheep scarce, nominally steady: feeding and shearing lambs in light supply; market unchanged; medium to good finishing lambs. $14,252 1 5.50. Hogs Receipts. 18,000; market slow: light hog* generally 10 2 15c lower than Tuesdays average; heavy weights, $10,252 10.7.>: mediumweights. $10,40 2 11.33: lightweights, $10.7.i211.63; light lights, $10,652 11.65; packing sows, 59.20<9 9.85; slaughter pigs, $10,832 11 AO. Bn United Press . CINCINNATI. March 30—Hogs—Receipts, 2.100; holdovers. 2.658; market, steady to Joc lower; 250-350 lbs.. $10.25 2 11.25; 200-250 lbs.. $11.252 11.75- 100200 lbs., $11.002 11.75; 130.100 lhe. $11.502 11.63; 90-130 lbs.. $lO2 11.65pa.king sows, $9% 9.73. Cattle—Receipts, .100; calves. 600: market, active, strong; beef steers. SB2 10.50; light yearling steers and heifers. $7.502'10; beef cows. $5,6021.25; vealers. SO2 14; hrnvv calves $6 2 9; bulk stock and feeder steers. $6 2 8. Sheep—Receipts, 100; market, wooled lambs. 25c to 50c higher: top fat lambs, 816.50; bulk fat lambs. $132 10.60: bulk 'UU lambs, SB2 12: buk fat ewes, $52 8bull spring lambs, $22 2 23. Bn Times Special LOUISVILLE. March 30— Hogs ReeeiptSj. 1,000; market 102 25c lower: tops. $11.'..). Cattle—Receipts. 200; market steady. Calves—Receipts. 300: market steady: good to choice. $10,502 12.50medium to good. $8,50 2 10.30: outs. $8 50 down. Sheep—Receipts. 50: market steady; top lambs. sl3fit 14; seconds. $lO 2 12 : sheep. SO2 7. Bn United Press PITTSBURGH. March 30 —Hogs Receipts, 1.500; market mostly 25 2 50c lower: 250 to 350 lbs,. sll2 11.25- 200 !w 93°, lbs . $11,252 11.50; 160 to 200 lbs. $11..8)2 12.20: 130 to 100 lbs.. sl2 2 12.20: 90 to 130 lbs.. $122 13.20' packing sows, $9 2 0.50. Cattle—Receipts! I. calves. $li>(); market steady: beef steers quotable at $9 2 10.50: vealers. sls f ‘i l.(>. Sh(*ep—Rffointa, 200; market stronger- top fat lambs, wooled. sl6 25bulk cull lambs, SB2 10.50; clipped. sls.’ Bn United Press EAST BUFFALO, March 30.—Hogs —— Receipts, 1.600; holdovers, 097: market Htr-iitly 10- lower: 250 to 350 lbs.. $10.50 2 11.40; 200 to 250 lbs.. $1 0.30 2 11.75 ■ I' to 200 lbs.. $11.65 2 12.25: 130 to ?!{ to 130 lbs.. .packing sows. $0,501-11 10. n Cattle—Receipts. 125: calves, 150; market steady; calves steady: vealers, Sl.v>o2 16. Sheep— Receipts. 2,000; market steady: top fat lambs. $16.85; bulk fat lambs, *16.332 K).85; bulk cull lambs. sl3® 15. Bn United Press EAST ST LOUIS. March 30.—Hogs— Receipts 14,000; market steady to strong: to 350. Ibs $10.252 11: 200 to 250 , 4 .; >: lm) to 900 lbs., $11.152 11.5.>; 130 to 160 lbs.. sll2 11. no; 90 to 130 lbs., $10.502 11.35packing sows, $9,252 9.75. Cattle Receipts. 3,()0: market for steers strong; beef steers, sfl,;>o2 10.50; light yearling tf™ nl heifers. $8.502 9.75: Wfraw * Li>2 : low cutters and cutter cows, v!’o* t 4 Vj'alers. sl4; heavy calves, *7 ww„K b -n k s i£ ok,r Slid feeder steers. $7 40 2 8.0(1. Sheep—Receipts. 750; mar,ke't steady: undertone week; top fat lambs, $10.oO: bulk fat lambs. sl6: bulk 20 50 9 ’ **9 19..>0: bulk flit ewes. $9 Bn United Press CLEVELAND. March 30.—Hogs—ReeeipU 2,0°0: market. 15 2 23c lower- 260Sl°- s( gfit> 5: 200-250 lbs., ,*J.75: 160-300 lbs., $11,752) Ifi lbs.. $11.752:12; 00-130 lbs . *11.852 12; packing sows, $9.2529.75. Cattle—-Receipts, 200; calves, 350: market stealy- beef steers $0.252 9.50; light yearling steers and heifers. $0.50210; beef J 3 ?* 8 ' cutters and cutter cows. $4.262.4.75: vealers, $15.50216. Sheep—Receipts, 1.000: market, strong to 95c higher; ton fat lambs. $15.25; bulk fat lambs, $14.752 15.75: bulk cull lambs, sll @l2; bulk fat ewes. $5 @7. Bill nited Press TOLEDO, March 30.—Hogs—Receipts, 6o(>; market, 10 2 25c lower: top, $lO2 10..>0; heavies. $10.50 2 10.90; Yorkers $11.25212: good pigs. $11.50212! Calves—Receipts, light; market, strong, sheep and lamb- —Receipts, light; market steady. INDIANA NINTH IN AUTOS Total for Entire Nation Exceeds Twenty-Two Million. Bit I nited PrenH WASHINGTON, March 30. America now has more than 22,000,000 automobiles, the United States Bureau of public roads announced today. Indiana with 772,326, ranks ninth among States. The States exceeding Indiana are: New York, California. Ohio, Pennsylvania, Illinois, Michigan, Texas and Georgia.

MANY LEADING ISSUES ESTABLISH NEW HIGHS Speculative Ardor Runs Wild on New York Stock Exchange —Oils and Some Others Develop Weakness.

By Elmer C. Walzer Manager United Press Financial Service. NEW YORK, March 30.—Speculative ardor ran rampant in the stock market through most of the session on Tuesday although firm call money had some restraining influence and profit-taking reduced early gains toward the end of the day. It was another day of new high records in the leading shares, expensive stocks featuring the transactions from the start. United States Steel reached anew peak, as did General Motors, Du Pont, Norfolk & Western, Delaware & Hudson, while many stocks made the best price levels attained thus far this year. New Peaks Early in the day Steel common and General Motors reached their record prices, losing most of the gains toward the close. The profit-taking selling forced down other issues until just before the final bell when Steel again became active, making another peak at 166%, losing a shade at up I>4 for the day. General Motors touched 183 Vi, closing at 182% up Vs- Du Por. gained 3?s for the day while good gains were run up in Commercial Solvents B and General Railway Signal. On the other hand, weakness developed in several sections of the list. Oils were sold with Houston leading the decline. Wilson A declined 3 points. Famous Players 1 Viand Dodge dropped below 20 to a new low for the year. Case Thrashing Machine and Southern Porto Rico Sugar were in good demand, the former rising 5 points for the day and the latter 4V4 points. Offer Rome Issue More inerest than has been shown for some time cropped out in the bond market, where business was on <T larger scale and prices improved through most of the list. Stimulus was given the dealings by quick absorption of $30,000,000 City of Rome 6V4 Per cent bonds sold at 91 to yield 7.25 per cent. The issue was listed on the stock exchange, the first

Produce Markets

Butter (wholetale price)—Creamery teat (Trade, a pound. 312 54c. Butterfat—Local dealers pay 50® ole a pound. Eggs—Strictly fresh delivered at Indianapolis. 19 220 c. Poultry (buying price*)—Hens, large breed. 22 2 33c: Leghorns. 18 220 c: roosters. 132 15c; Leghorn springs. 152 17c; 1927 broilers. 1% lbs. up. 40c: Leghorn broilers, 802 35c; ducks. 18 2 20c: geese, 112 12c: turkeys, young toms. 30 2 32c; old toms. 25c; hens. 30@32c: guineas. 35c. Bn United Press NEW YORK. March 30.—Butter Firmer: receipts. 10.144. ereamary extras. 53c: special market. 53% 2 54c. Eggs Unsettled: receipts. 57,532: nearby white, fancy. 32 2 33c; nearby atate white, 27 2: 31c; fresh firsts. 24% 2 25c: Pacific coast, first to extras. 20 235 c; western whites. 262 29c: nearby browns, 292 31. Flour —Qiutt and irregular. Pork—Dull: mess. $37 30. Lard—Steady: middlewest. $12.83 12 12.95. Sugar—Raw. quiet: 06 test. 4.65 c. refined, quiet: granulated. 5.752 6.20 c. Coffee—Rio No. 7, 16% 216 Vic: Santos No. 4. 182 18%c. Tallow—Easy: specials to extra. 7%@7%e. Hay—Quiet: No. 1. $1.30; No. 3. sl2 1.15: clover. $1 102 1.25. Dressed poultry—lrregular: turkeys. 30246 c: chickens. 202 37c: capons. 282 44c: fowls, 172 33c: ducks. 20 2 23c: Long Island ducks. 20224 c. Live poultry—Firm: geese. 11217 c; ducks 19 2 30c: fow\s. 31 2 32c: turkeys. 352 40c: roosters. 18c; chickens. 22@32e: broilers. 45 2 55c. Cheese—Quiet; state milk, common to special. 27228 c: young Americas, 25 2 27%0. Potatoes (Sweets) —Jersey basket. >oe2 $2.35: southern basket, 75c251.65: southern barrels. $1 22. Potatoes—Long Island. $2 2 6.15: Jersey basket. $1.252 1.50. State. $3,102 3.90; Bermuda. $62 14.50: southern. $32 9.50: Maine, $3.5024.50; Pennsylvania. $3.10 @3.90. Bu United Press CLEVELAND. March 30.—Butter—Extra. 50%c in tubs: standards, 50%c. Eggs —Extras. 27c: extra firsts. 25c: firsts, 23% 2 24c: ordinary. 23%c. Poultry Heavy fowls. 282 29c: medium. 20 2 30c: few. 31c: Leghorns. 26@28c: ducks. 322 35c. cocks, 17 2 18c; stags. 22 2 23c: spring broilers. 65 2 60c; Leghorn broilers. 452 47c: geese. 22 St 24c. Potatoes Round whites. 150-poun<l sacks Maine. $4.25; Michigan, mostly $3.4023 50; Ohios. $3.25; New York. $3.402 3.50: Idaho russet bakers. 115-pound sacks. $4: Ohio bushel sacks. sl2 1.25: Maine twobushel sacks. $3.40 2 3.50: Colorado Brown Beauties. 120-pound sacks. $3,852 4; Florida barrels Rose No. 1. sls 2.16; No. 3. $11212.

BUILDING TRADES WILL NOT STRIKE Expect Settlement of Wage Demands Saturday. The seven building trade unions, whose wage contracts expire April 1, will not go out on strike due to the belief that a plan for permanent settlement of wage trouble in Indianapolis will be reached at a meeting of the unions and the general contractors Saturday, according to Charles L. Wilson, Marion County Building Trades Council president. The plan which is now under discussion will cause the wages to be automatically raised or lowered according to the charge of living cost. Delegations from the trades council and contractors’ association visited Cincinnati Tuesday to investigate a similar plan which has been working there for several years. "Every one was pleased with the plan,” Wilson declared. "It ip a good thing and all involved In the plan were well pleased. Both delegations are hoping that a similar plan will be worked out in this city, thereby eliminating strikes which are costly to the contractors and the unions.” ‘KING BEN’ HIT AGAIN Bu United Pram BENTON HARBOR. Mich., March 30. —"King Ben” Purnell, aged and decrepit ruler of the Israelite House of David here, today faced the accusations of another woman. The latest episode is the receipt of a letter from Laure Bertrix of Bordeaux, France. The French woman, pleading with Purnell to accept her as his daughter, said he left her when he fled from France to Mexico seventeen years ago. Purnell, through his attorneys, declared the charge absolutely untrue and branded it a hoax to gain a portion of his wealth.

sale being a full point above the offering price. After rising to a premium of 1%, part of the advance was lost. All Italian bonds responded to the activity of the Rome issue and Railroad securities particularly the convertibles advanced further. Curb stocks started strong and held up fairly well for the first three hours when profit-taking wiped out most of the gains. Durant Motors, which had been a feature of late, declined under the selling wave and oils lost part of their recent gains. Both cotton and wheat advanced, while foreign exchange ruled steady in a narrow range and without feature.

AMERICANS IN CHINA STONED (Continued From Page 1) eigners were reported today to be refusing to leave their posts to take refuge in the Shanghai foreign settlement. Foreign authorities strongly intimated that foreigners refusing to heed warnings to flee could expect little protection. It was authoritatively estimated that 100 American missionaries in the interior were refusing to leave their churches, despite a radio warning. 47 Leave Nanking For the most part, however, evacuation continued rapidly. Fortyseven American and British citizens were taken aboard the steamer Hulbert at Nanking. The ship headed for Kiukiang, intending to transfer the refugees to first down-river steamer it met. The U. S. S. Pillsbury took four American women and two men aboard at Nantungchow, and was standing by awaiting arrival of two more from a post thirty miles inland. The situation at Nantungchow was quiet, the ship officers reported. Aroused by continued sniping at British warships on the Yangtze, the British naval commander-in-chief at Shanghai ordered his ships to use their guns whenever they were fired on, and to inflict severe punishment on such offenders as might be caught. 500 Shots at Ships Five hundred rifle shots were fired at two foreign-owned river boats at Nanking last night, but the vessels escaped without damage and today were en route down the Yangtze toward Shanghai under escort of the U. S. S. Paul Jones. The vessels were the Lungwo and Tatung, which left Nanking for Chingkiang. Barbed wire barricades today were ordered erected along Avenue Edward VII, which divides the French concessions from the international settlement, because of an incident last night during which Chinese mobs milled around the gates to the concession. An iron gate was removed from its hinges and stolen by the Chinese.

QUIET TALK OF SPECIAL SESSION State Auditor Firm on Dearth Pay Stand. Special session talk of the Indiana Senators has been reduced to a whisper and it is expected that it may expire at an executive session following the Dearth trial this afternoon. Much touted errors in the appropriation measure, bills unjustly killed, Senate prestige and just legislative powers will be permitted to go by default for the sake of party solidarity, it has been indicated by Republican leaders. Party organization men and utility lobbyists have been busy, and the result is the quieting down of several Senators who were originally much aroused. The cause was the leaving out of two duly passed Senate amendments in the budget bill and the inclusion of one in| which the Senate had never concurred, all of which, it was pointed out, might render the entire hill void and hold up funds for functioning of the State government, should it be questioned, on constitutional grounds. State Auditor 1.. S. Bowman today indicated he would not change his stand on the Deartli impeachment trial pay for Senators, following a conference with Attorney General Arthur 1., Oilliom. He refused to pay vouchers. Gilliom was to give a written opinion on whether the Senate can demand pay from Bowman. BIDS FOR CONVENTION Indianapolis May Be Chosen for 1928 Gathering of Grottos. Twenty thousand members of Grottos throughout the United States will come to Indianapolis if this city is selected for the 1928 supreme council sessions of the Mystic Order of the Veiled Prophets of the Enchanted Realm, Frederick P. Walther, grand monarch, said at a ceremonial dinner Tuesday night. More than 200 candidates were feted at the dinner. Lawrence W. Drapier, monarch of Sahara Grotto, presided as toastmaster at the banquet. Other speakers were: Mayor Duvall, Raymond F. Murray, State Grotto Association president, and Prophet Edward W. Scoonover. CAMP DATE SET Bu Times Special ANDERSON. Jnd., March 30.—A daily attendance of from 5,000 to 8,000 is expected at the international camp meeting of the Church of God set for June 11-19 here.

Additional Sports

I. A. C. TUMBLER WINS Mildner Is Victor in A. A. U. Championship Gym Meet. The Indianapolis Athletic Club added another championship to its string when F,verett C. Mildner won first place in the A. A. U. tumbling championship held j.t the Athenaeum This is the second year Mildner has won this trophy and he hopes to annex it the third time before he graduates from Butler, where he is a junior. Mildner Is a member of the swimming team and has placed first In every meet this year in diving from the low board. Mildner, according to the swimming coach, will be a valuable asset to the Indac team in the Indiana-Kentucky contest April 16. ‘BUILD MEN PRIMARILY’ Purpose of College Says Fielding Yost, Michigan Coach. Bu .YEA Service NEW ORLEANS, La., March 30. The primary purpose of college is to build men! So claims Fielding H. Yost, Michigan’s great football coach, who is now touring the South. “A university is not primarily any more for intellectual uses than it is for athletics, and when you say it is primarily for the former you just make yourself look foolish,” he believes. MAC SPORTS SHINER Bu United Press NEW YORK, March 30.—When John J. McGraw, manager of the New York Giants, left for Chattanooga to rejoin the his players after conferring here witli Charles A. Stoneham, president of the club, he was wearing smoked glasses. Investigation disclosed McGraw was sporting a black eye, his first of the season. The cause was unknown and lie declined to discuss the injury. WIDE TO COMPETE Bii United Press NEW YORK, March 30.—Edvln Wide, Swedish running star, will compete in a special mile and a half race which will feature the Elks’ games here Saturday night. Efforts to arrange another mile race between Wide and Lloyd Hahn failed. M’CANN IS RETURNED Bu United Press TAMPA, Fla., March 30.—Emmett McCann, inflelder, has been returned to the Columbus club of the American Association, Clark Griffith, president of the Washington baseball club, announced Tuesday night. EXHIBITION GAMES BOOKED Bn United Press NEW YORK, March 30.—Exhibition games against the West Point cadets have been booked by the New York Giants and Yankees. The Giants will play there on April 11 and the Yankees on May 26. HOOSIERS THUMP BRUINS Bu United Press CHICAGO, March 30.—Ft. Wayne won a professional basketball game from the Chicago Bruins, 36 to 17. As a part of the same bill, the Chicago Taylor Trunk Girls’ team defeated London, Ont., 28 to 6. CREW SKIRMISH Bu United Press CAMBRIDGE, Mass., March 30. In the first skirmish of the season among the Harvard crews, the ”C” squad defeated three other crews in the fast time of 9:22 for 1% miles. The first crew finished a bad last.

COURT TEST FOR BARRETTFONDS Case Will Determine Right to Sue Treasurers. Argument between attorneys as to whether present bond holders have a right to sue former city treasurers for alleged misappropriated Barrett law fund interest will be held before Judge Zimri Dougan at Danville Thursday, according to Alvah J. Rucker, counsel for the plaintiff. "The defense holds that the two bond holders cannot represent all bondholders,” Rucker said. "But even if the court upholds their contention the trial will go on for the bondholders can sue as taxpayers.” The suit seeks to get an injunction forcing the ex-county treasurers to pay to the-city SBOO,OOO alleged misappropriated Barrett law fund interest. Mayor Duvall, former treasurer, is named in the suit and will have to pay approximately SIOO,OOO if the bond holders win. *Peaches * Loses Out on Night Club Job Bu United Press PITTSBURGH, March 30.—The public career of "Peaches” Browning received another setback today when Charles Lazaro, proprietor of the Flotilla Night Club, announced the wife of Edward West Browning of New York would not appear as hostess and dancer next week. He had previously announced Mrs. Browning would appear "regardless of the attitude of the police or the public.’ He refused to reveal the reason for his change in plans. “Peaches” will not appeal from the separation decree awarded by Justice A. H. F. Seeger, her attorney, Henry Epstein, indicated today. Final papers in the case were signed today by the justice. Epstein applied for an additional $5,000 to pay trial expenses. QUAKE IN ALASKA Bu United Press CORDOVA, Alaska, March 30. An earthquake shook Cordova today, but caused no loss of life and no damage. The quake lasted five seconds. , ,

PAGE 13

BURGLAR ESCAPES RAINOFBULLETS Roboery Is Interrupted by Police Officer. A burglar discovered attempting to break in the Elmer Hill grocery, 2150 Northwestern Ave., early today, escaped amid a volley o ' shots fired by Patrolman Folie Shaw, who saw him tearing the screen from a rear window. Shaw reported that he tried to sneak up on the burglar, but was detected. The man ran north over the Fall Creek bridge and through the city dumps, where Shaw lost trace of him. A burglar who entered Apt. 17 at 21 W. Sixteenth St., Tuesday, with a pass key, took clothing valued at $l4B, the property of Misses Gertrude Marlowe and Sadie Paugh, occupants. Mrs. Bert O’Leary, 208 W. FortyFourth St., reported to police that two diamond rings, valued at $498, were stolen from the window sill In the kitchen of her home. William Cooper, 2022 W. Washing--' ton St., Peoples Motor Coach bus driver, left the bus for ten minutes early today and when he returned, found that a bill fold and s2l had been taken from beneath the drivers seat.

NEW SPORT FIELD ASSUREDJANUAL South Side Tract Will Be Rented for $1 a Year. Acting School Superintendent Joseph F. Thornton announced today that legal technicalities connected with the offer of the Indianapolis Foundation to rent a south side athletic field to the school board at a yearly rental of sl, would be adjusted before the next regular board meeting, April 7. The field is located on Madison Ave., near Garfield Park, and will be used by Manual Training High School. At a board meeting on Tuesday night Thornton made several recommendations, all of which were accepted by the board. Modification of the rule requiring two years’ experience for Indianapolis teachers probably will be made soon, it was Indicated, The rule has had the effect of giving preference to out-of-town teachers and local applicants have been forced to secure positions elsewhere, It was said. School will open next fall on Sept. 12 and will close June 15, the board decided. TO BURV HEATH AT WILE Former Hoosier and Postal Expert Dies. ; i-*§. Bu United Press WASHINGTON, March 30.—Perry S. Heath, assistant postmaster general under President McKinley, died at his home here today at the age of 69, after an illness of several years. Burial will be at Louisville, Ky., Saturday. Heath was born In Muncle, Ind., and founded the Muncle Daily News In 1872. While postmaster general he established rural free delivery. He also at one time was secretary of the Republican national committee. •TO ATTEND RITES r Niece of Mr. Heath Will Go to Washington. Mrs. Howard Meeker, 2841 Ruckle St., a niece, will attend the funeral of Perry Heath, former assistant postmaster general, Friday at Washington, D. C., who- died today. REPRESENTATIVE DIES Ladislas Lazaro of Louisiana Succumbs Following Operation. Bu United Press WASHINGTON, March 30.—Representative Lazaro (Dem)., Louisiana, died in a local hospital today. He was operated upon several weeks ago for hernia, and his condition suddenly became grave yesterday. He had served eight terms in Congress. Lazaro practiced medicine before coming to Washington.

CI & W Following Change in Time Effective April 3rd, 1927 Trains will leave Indianapolis: Train 35—6:00 a. m. Instead of 6:10 a. m. Train 31—9:00 a. m. Instead of 10:00 a. m. City Ticket Office, 114 Monument Place—MA in 6405. Union Station—MA in 4567

CI & w ONE FARE ROUND TRIP TO ALL STATIONS Every Saturday and Sunday Returning to and including following Monday. City Ticket Office, 114 Monument Place—MA in 6405. Union Station—MA in 4567