Indianapolis Times, Volume 38, Number 307, Indianapolis, Marion County, 1 April 1927 — Page 26

PAGE 26

HOG PRICES ON LOCAL MARKET CONTINUE TO ADVANCE

HEAVY SELLING IN RAILROAD SMS IN EARIY TRADING Results From I. C. C.. Valuation Case —Industrials Not Affected.

Average Stock Prices

Average of twenty industrials was 160.08, up .59. Average of forty bonds was 97.29, up .10. BULLETIN Itil United Press NEW YORK, April 1. —United States Steel common stock today reached anew high record at 169 %, up 2% points from its previous closing level. Bn United Press NEW YORK, April I.—Railroad shares were heavily sold at the opening, due to the decision of the Interstate Commerce Commission in the St. Louis & O’Fallon case that special valuation of railroads can be set up solely for recapture purposes, thereby rejecting reproduction cost as a controlling valuation factor. New York Central broke a point to 143, Reading 1% to 109 %. Atchison 2% to 17614 and C. * O. a point to 163. However, these stocks encountered good support on price re cessions as it was recognized rail roads would immediately carry the Valuation matter to the Supreme Courtw hose recent rulings have been at variance entirely with the decisions of the I. C. C. Confidence Industrials were not affected by heaviness of rails, showing a confident tone under the influence of a further new high in Steel common which sold at 167 % up %. Bearish professionals who made an energetic attempt to spread weakness In oils and specialties to the general industrial list, were thrown into urgent retreat by a strong buying movement which developed in the speculative leaders around noon. General Motors headed this demonstration, pushing into new high ground on the recovery at 182%, up practically 3 points from its opening levels. United States Industrial Alcohol was a strong spot in the specialty class. Despite the expectation on an unfavorable earnings report early next week, this stock rallied to 74%, up 2%- Buying was attracted by the expectation of- important developments regai-ding the company's management. Buying Reported It is probable that the post of chairman of the board may be created to be filed by a representative of Air Reduction interests. Strengthening of denatured alcohol prices this week may he followed in the next two or three weeks by further advances. Rock Island continued its sensational advance selling at 92%, up 3%. The uprush was accompanied by reports of buying for powerful interests, who were said to be seeking to wrest control from St. LouisSan Francisco, which dominates Rock Island through ownership of about 200,000 shares of Rock Island common stock.

Banks and Exchange

INDIANAPOLIS STATEMENT —April 1 Local bank clearings were $3,518,000; debits, $0,195,000. foreign exchange Btl United Pithh NEW YORK, April I.—Foreign exchange opened higher. Demand sterling. $4.§0% : francs, 5.1 He. up .00'4c: lira, 4.70’,ic, up .04%c; belga, 13.88 lie; marks. 23.700.

Commission Row

PRICES TO RETAILERS FRUITS Apples—Box apples—Staymens, $2.75; Winesaps, $2.75: Delicious, 83.50";) 3.75 Extra fancy barrel appleH Winesaps. 88; Rhode Island Greenings. $4.50 Cherry Red Baldwins, #3.75: Rome Beauties, $4.60; New York Kings, $4.50: ILiw York Baldwins. #4 @4.25: York Imperials. $4: Staymens. $4.50: Ben Davis. $4 @4.50. fancy barrel apples—Staymens. $3.75: Wineeaps, [email protected]: Baldwins, $3.75: Rome Beauty. $3.75@4: New York Baldwins, $3.50: Ben Davis. $3.75. Basket applet (40-lb. baskets)—Stnymen Winesapju $1.50; Delicious. $1.75: Romes, 3>1.50: fancy Romes. $2: Winesaps, $2: Wagners, $1.35; New York Greenings $1.50: New York Kings, $1.50: Baldwins, $1.25: Staymens. $1,75. Bananas (jobbing .price)—4% @15% lb. Cranberries—Jersey Howes, ball bbi. era’pefruit-*-Extra fancy. $1.50 @5. fancy. $3.50@4. Lemons—California. [email protected]. Oranges—Florida. [email protected]: California navels, extra fancy. $4.75@6: fancy. $4.2505.25, Strawberries—Alabama and Louisiana, $8 24-qt. case. VEGETABLES Artichokes—California. $1.50 doz. Asparagus Georgia, crate, $4 @7; bunch, 50@75e. Beans—Florida, green, $3.50@5. Brussels Sprouts—Fancy California, 30c pound. Cabbage—New Texas. 3Vi @4c lb. Cauliflower —Crate. $3. Celery—Florida, 40 8-doz. crate, $3.50; Mammoth (washed), $1 ®1.25 doz. Cucumbers—Hothouse. #3; Florida. $1.25 doz. Eggplant—Florida. $2 per doz. Endive—California $1.25 doz. Garlic-—California. 12Vie lb. Kale—Louisville bags. #1.50. Lettuce—lceberg crt.. $4.50: H. G., hothouse. $1.85 15-lb. basket. Mangoes—Florida peppers. $4.50 crate; $1.50 peck. • Mushrooms —Pennsylvania. $1.50 @1.75 for 3-lb. basket Onions—H. U. yellow. 100 lbs., $3.500 3.75: new Texas, $3.50 crate. Onion Sets—Red and yellow, 2 bu., #4.50: white. 2 bu.. $8; Texas Bermuda vlilalMs, 5,000-crate, $5.80. Oyster Plant —H. G.. 60e dozen. Parsley—H. G.. 50e per bunch: southern. 75c doz. Peas—Mexican telephone. $8.50 crate. Potatoes—Michigan whites. 150 lbs.. 1 #3.00: Russet Burbanks. 160 lbs., $4.25: Red River Ohlos, 120 lbs., $3.40; Idaho Russets. 100 lbs.. $3.75: Idaho bakers. 80-70s, $4: Triumphs. 100 lbs.. $8; new Floridas, sll bbl. Radishes—Southern long red*. 300 35c: hothouse buttons. $1.25 Rhubarb—H. G.. 5 lbs.. 50@65c. L Root vegetables—Turnips, bu. 90e; 1 parsnips, bu.. $1.50; carrots, bu.. $1.75; In. G. beets, bu.. $1.50: Louisiana beets. ■ 000 dozen. ft 9eed potatoes—Maine cobblers. 150 lbs.. ■55.30; Red River Early Ohios, 120 lbs.. ■83.75; Bliss Triumphs. 160 lbs.. $5.26: ■■larly Rose. 150 lbs.. $4; Minnesota cobblers, 150 lbs., $4.25. ■ Shallots—Louisiana. 50c dozen. Spinach—Texas. $1.50. ■ Sweet potatoes ■.i : Nancy Halls. $1.35. Tomatoes—Six-basket crt.. $3.5006.

New York Stocks Ily Thomson & McKinnon)

—April 1— Railroads— T’rev. High. Low. 1 :00. dose. Atchison ..177% 170 Vi 177% 178 Atl Cst L.. 178 ... 177 % 176% B& O ... 113% 112% 113 113 Vi Can Pacific 103% 102% 103% 195% C & O ... 163%. 162% 103% 7 04 C& NW .. 81% ... 81 % 83 C R I & P. 92% 88% 92% 90 Del & Hud 193 192 193 194 Del & Lac 164% 102 104% 163 % Erie 49 48% 49 49 Erie Ist pfd 57% 56% 50% 57 Vi Gt Nor pfd 87% 86% 87% 87 Lehigh val i. . ... ... II a% K C South 55 Vi 53 % 54 % 54 L & N 134 M K & T . 41 % 40 41 % 4i iMo Pac pt 100% 105 100% 107 N Y Cent. . 144% 143 144 144 NY NH & H 51 % 50 % 51 % 51 % No Pacific. 80% 85% 80% 85% Nor &Wn 182% 180% 182 - 1811% Pere Marq 118% ... 118% 118 Pcnnsy ... 01 00 00% 00% Reading ..111'; 109 110% 111% S Railway 124% ... 123% 121% So Pacific 113% 112% 113 112 1 St Paul ... 14 'j 14 14% 14% St Paul pfd 22% 21 % 22% 2° St LSc SW 70% .. . ' 70% I 70% St L& S F 110 % 110 % 110', 'ill lZ Union Pac 109% 107% 109% 109% Wabash ... 71'% 70% 7| 71% Wabash pfd 95 ... 95 95 Rubbers—- • Max 11% ... II 11 ElsU 18 17% IS 17% Goodrich . 53 ~ . 53 5:17;. Goodyr pfd 105 ... 105 104% Kelly SpFfid 18% ... 18% 1H '.. U 8 Rubber 01 ... 00 00Va Equipments— Am C & F .. ,-, 102% Amer Loco 100% 109% 109% 109% Am Stl Fdy 44% ... 44'L 45% Bald Loco .185 183'% ISS 185 Gen Elec.. 80% 80 SO 80% a- ;-,- !•"?.. 65% 00 oo N Y Alrbrk 44 % ... 44% 44% Pr Stl Car OR 05 05 00% Pullman .... . iiiu Wsth A B 151% . . i.-,j v, 171 it Wsth Elec 74% 73% 74 73 4 Steels — Betlile 53% 52 % A’. 52 % Colo Fuel. 00% 04 % 05% 03% Crucible . 91 91 91 <lO% Gulf St Stl 00% 50 % 00 59 P. R. C. & I 42% .. . ' 42% 42 Ren 5t1.... 72 % .. | 72% 71 cl Sloss-Shef. 132 % 1.32% 132 % 132 v. US Steel 108 % 107% 108% 167 Alloy .... 25% . . 24 .15 Vanadium. 52% oi% 52 52 Motors— Amer 80. .. . ... 141: Chandler .. 23% ~3 .% ":|if Chrysler ... 41% 40% 40% 41% Con M 0... 12 12 12 1° Dodge .... 19% 19 19 19% Gabriel ... 30% 30 .30% 29'GO" Mo.. 182 % 179%. JS2 JSII% Hudson ... 09% 07% 08% 68% Hupp 21 20% 21 21 Jordan .... ... 1754, Mack ....102%. ... jO2 % 102 % Mar Par. ... ... oj iZ Moon ... 8% .. s% %;J Nash .... 04 % . . 04 64 Packard .. 34 % 31% .34% 341.', Peerless ..20% . 20% 20% Pierce Ar.. 10% ... 19 10% Studebaker 53% 53 53% 53'. Stew War.. 50 % 55% 50 5,; 1 Timken . . 89% 87% 88% 88% Mrillys-0v... 21 ", 21 % 21 ", -’|7 White Mo,, 40 % 18% 40 % 48 Mining— Am Sm... 14.3% 142 14.3 144 Anaconda . 40 ... 4040 Cer Dc Pas ... 02 Inspir .... 20 20 20 20% ini Nidi... 43 43% 40% Kemiec 02 % 03 % 03 % Tex G & S 00% 59% 00 59% U S Smcl as 1, Ol Is— 3 At Ref... l()9'i; 109 109"', 109 % Cal Pet... 30% 25 % 25 % 07

Local Wagon Wheat

Local grain elevators are paying $1.17 for No. 3 red wheat. Other grades are purchased on their merits.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK, April I.—Tile more cheerful attitude toward the sugar markets, noted in yesterday s operations in futures and in the trade dispatches, is based on the belief that prices have discounted the unfavorable elements in the situation and that improvement is near at hand. Refiners are showing more interest and holders of raws are not at all anxious to sdl at current levels. A favorable change in the statistical position, in my opinion, is imminent. I tljink the trend from now on will he toward 'higher levels in the futures market.

In the Cotton Market

xts- ( %cJ£lV omp . on , & McKinnon) NEVV !ORK, April I.—April showers may bring May flowers, true enough, but they also pive tho reader an opportunity to say the erop will boa late one. I think the map will show further treneral rains yesterday, and we will see how the market ;i'ts when it meets this cotton which is for sale around 14.50 for July. Sell when the rjouth se.ls and take profits on moderate declines.

Indianapolis Stocks

—April 1— —,Stocks— Hid Ask Amer Central Life 600 Amer CreosoJng Cos pfd...101 103 Ad Rumely Cos coni 12 % 12 54 Ad Rumely Cos pfd 35 35 l! Belt R R com 68 70 Belt R R pfd 57 Cent Inil Power Cos pfd .... 80 90'A Cities Service Cos com .... 51 % ... Cities Service Cos pfd 00 ... Citizens Gas Cos com 50% ... Citizens Gas Cos pfd 106 ... Commonwealth Loan Cos pfd 1)0 .. EouMahle Securities Cos com 61 ... Hook Drug Cos com 2!) ... Indiana Hotel com 120 ... Indiana Hotel pfd 100 ... Indiana Pipe Line Cos 66 ~ . . Indianapolis Gas 50 62 Indpls & Northwestern pfd.. 50 ... Indianapolis St Ry 37 Ms 39 % •Interstate P Ser. pr lien pd 100 Merchants Pub Util Cos pfd. 100 Progress Laundry com ... 22 % 23 X Pub Sav Tub Cos 16 >4 ... Kauh Fertilizer pfd 48% ... Real Silk Hosiery pfd 100 Standard Oil Cos Ind 66 ... T H f & E com 2 .. I T H I & E pfd 21 T H Trac & Light Cos pid. . 80 Union Trac- ot ind com 1 Union Trac of Ind let pfd .... 1C Union Trac ot Ind 2nd Dfd.... 2 Union Title Cos com ... Van Camp Pack Cos Did.... 16 ... Van Camp Prod Ist pfd.... 90 97 Van Camp Prod 2nd 96 Wabash Ry com 70 % ... Wabash Ky Cos pfd 04 ... •Ex-divldend. —Bank Storks— 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 163 Fletcher American 170 ... Fletcher Sav and Trust C0..265 ... Indiana National Bank. . . .265',4 266 % Indiana Trust Cos 230 260 Livestock Ex Bank 162 ... Marlon County Bank 210 ... Merchants Nat Bank 325 ... Peoples State Bank 188 ... Security Trust Cos 275 State Savings and Trust... 87 96 Union Trust Company ....411 ... Wash Bank and Trust C0...158 .... —Bonds— Belt R R and Stockyards 4s 90 ... Broad Ripple 5s 79% ... Central Indiana Gas 55.... 98 ... Cent Ind Power Cos Os ....100 ... Citizens Gas Cos 5s 103% Citizens St R R 5s 85 80'A Home T r-.nd T of W 05.,. 103 ... Indiana Hetel 6s 4. 98% ... Indiana Northern 5s 3 ... Ind Ry and Lt 6s .96 ... Ind Service Corn 6s 92% ... Ind Union Trac 5s 3 ... Indpls Col &So 6s 98 % 100% Indpls Gas Cos 5s 99% 100% Indpls Lt and Ht 5s 101 102 Indpls & Martinsville ss. ... 75 ... Indpls Northern ft■ 23% 24% Indpls & Northwestern 5s . . 75 75 \ Indpls Power & Light Cos 5s 97 % 98 % Indpls & S, E. 6s 2 ... Indpls Shelby & 9 E 65.,... 2 ... Indpls St. Ry 4s /... 60 62% Indpls Trac and Term 55... 95 96 Indpls Union Ry 55....... 101 ... Indpls Water Wks Sec Cos.. 100 Indpls Water 5%s 103% ... Indpls Water 4% s ........ 95 96 Interstate Pub S 6s 102 ... interstate Pub SBs 6%u. .103% ... T H I & E 5s 85 T H Trac and Light 5s ... 97% ... Union Trac ot Ind 6s 18% 19% —Liberty Bonds—--Ist 3% S 100.80 101.00 Ist 4 103.10 103.30 2d 4Vi 8 100.40 100.44 3d 4 "is 101.00 101.20 4th 4‘is 103.90 104.10 USTV 4\ s 11 3.60 11 3.82 USTf # 108.10 108.56 USTrSSi 105.60 106.90 U S Tr 3% s 90.90 1.00.25 —Sales—s2,oo 2d Liberty 4% a .100.14

Freep Tex. 50% 55% 56% 56 Houston ..194% 103% 102% 101 Vi Ind 0i1... 2.3 ... 22 % 23 Marl C ... 47 40% 40 % 47% Mid CP... 33 32 Vi 32V* 34 Pan-Am Pe .. ... ... 4 Pan-Ani P B 61 Vi CO'.i 61% 61 Pac Oil 1 % Phil Pete . 46% 45% 46 40% Union Oil.. 41% ... 40% 43 Pure 0i1... 27% 27% 27% 28 R’y I Dutch. 49 % ... 49% 49% Shell 27% ... 27% 28% Sinclair ... 17% ... 17% 17% Skelly 29% ... 29 29% 8 Oof Cal.. 54% 54% 54% 55% S O N .1.. .30% 30%' 36% 37 Texas Cos .. 48 Vs 47% 48 48% Trans Pe . . 4 ... 4 4Vi Industrials— Adv Rum.. 12 Vi •• 12 %< 13% Allis Chaim 95% 94% 95% 94% Allied Ch. 142 ... 141% 141 % Arm A .... 10% ... 10% 11 Am Can... 44% 13% 44% 4.3% Am H-L .. 9% ... 9% 9% Am H-L pfd 61 Am Sa R. . 52 ... 57 57 Am AVool .. 19% ... 19% 19% Central L. . 10% ... 10 Vs 10% Coco Cola. .193% 19314 19.3% 193% Cont Can .. 02Vi ... 62Vi 6.3 Cert Prods. ... ... 45% Dav Chcm. 27 Vi . 27 Vi 27% Dupont ~221% 210% 221 217% Fam PI ...108% 107% 108 108 Gen Asphalt 82% ... 81 80% hit C Enr. 52 % 51 Vi 52 Vi 65 Vs Int Paper.. .. ... ... 55% hit Harv . .166% ... 150 150% May D Sta 70% ... 00% 70% Mont Wd.. 05% 05 05% 85 Nat Lead .194 ... 194 194% Oiv Bot .... ... ... 81 % Radio .... 45 Vi 44 45 Vi 45 Real Silk.. .. ... ... 46% Rem Type.... ... ... 171 Sears-Roeb. 54% 54% 54% 54% United Drg . . ... ... 105% Univ Pine. 30% 35'% 30 35'% use IP .215% ... 216% 210 U S In A1 74% 72 73 % 71% Woolworth 126% 126% 126% 127 % Utilities— A T and T 106% 165% 100’% 100'% Am Express . . ... ... 1.30 Am W W.. 78% ... 78% 78'% Brkl.vn Man 00Vs ... 06% 67 Col G and E 80% . . 80'% 80% Cons Gas.. 07% 07'% 97% 97% Interboro ... ... ... 43 Vs No Am Cos. 47Vi 40% 47 47 Peonies Gs 134 % ... 134% 134% Phila Cos . .. ... ... 1.30% StG and El 55 % ... 65 % 55 % Western U 150% 155’% 150% 150'% Shipping— Am lilt Cpn .. ... ... 35'Am Sand C 4 % ... 4 4 % Atlantic G. . . . . ... .32% In M M pfd 40% .39% 40% 39'United Fr. .. ... ... 120% Foods— Am Sugar. 84% 84 84% 83% A B Sugar. 22 % ... 23 V, 22 % Austin Nieh 5 ... 5 4 % Beech N Pk 55 Calif Pack 04 ... ... 114% Corn Prods 54% 53% 54 53% Cuba C pfd . . ... ... 42 % Cu Am Suit 24% ... 24Vi '.’4 1 , Fleisehmann 54% 53% 54 53% Jewel Tea. 59 % ... 57 % 57 % Na Biscuit 110% ... 110% 110% Punta AI eg- . . ... ... 39 Post um .... ... . axi, W Bw (Bi 21% ... 30% 21 V Tolmeeos— Am Sumat. 55 54 54% 5.3% Amer Toh 125 ... 125 1 ••5*,, Am Toll B 124% ... 124 % l-’4% Cons Cigars 70% 70% 76% 70'. Gen Cigars 64 .. . 54 54 Liggett ... 90% ... 96% 96 Lorlllard .. 27% ... 27'. ”7% R J Rey .. .. ... ... 109 % Toll pro B I"0% 99% 99% 100 % U Cigar St . . . ... . SH Schulte R S 48% ... 48% 48% DELAY LIQUOR RULING Action in Case Booze Charge Expected Next Monday, Ruling on tlie liquor charge against Elmer Case, 3815 Ruckle St., today was continued until Monday in Criminal Court. Case is alleged to have had booze in his car on Thirty-Eighth St., Sept. 20 when stopped by a motorcycle policeman for speeding, when the liquor was discovered. At the trial in November several youths testified they had bought liquor from Case, but coukl not identify him. BANDIT VISITS LEBANON Description Tallies With That of Man Active Here Recently. Police believed today that the lone bandit who recently held up several filling stations here transferred his activities to Lebanon, Ind., Thursday night. A bandit of the same description as the one here held up a filling station attendant at Lebanon Thursday night and got $25.

KING KLOTHING KOMPANY

THRU KING’S FURNITURE COMPANY,

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342 EAST WASHINGTON STREET —BETWEEN ALABAMA AND NEW JERSEY STS.

THE INDIANAPOLIS TIMES

LITTLE VENTURING IN WHEAT TRADE Market Quiet, Opening Fraction Lower. 811 United Press CHICAGO, April I.—With most traders afraid to venture far either way, awaiting the first report of private experts today on the winter wheat condition, early trade was very quiet and opening' prices were % to "*4c lower than yesterday’s ■close on the Chicago Board of Trade. Liverpool came a little lower than expected. The trade is looking for the private report to show between 550,000,000 and 580,000,000 bushels. The unsettled weather conditions over the corn belt has interrupted farm work and curtailed the movement of corn to markets and this, with the slightly better cash conditions, is likely to make for higher prices. Opening quotations were Vi to %c lower than the previous close, mainly In sympathy with wheat. No developments were evident in oats and that grain* is expected to fallow other cereals. Opening prices were unchanged Uc lower than Thursday’s close. Provisions opened steady. Chicago Grain Table • WHEAT— Prev. High. Low. 1] :00. close. May 1.3.3% 1.32% 1.33 1 34% July 1.28% 1.27% 1.28% 129 Sept 1.30% 1.30% 1.26% 1.37 CORNr— May 72*| .71% .72% .72% July 77% .76% .77% .77 Sept 80% .79% .80% .80% OATS— May 44% .4.3% .4.3% .44% Julv .14 % .43% .4 1 .44 % RIE— May 1.02% 101% 1.03 1.01 „ July 99 ", .98 % .99 Vj .00% LARD— May 12.37 12*10 12.35 12.35 July .... 12.57 12.55 12.00 RIBS— May 1440 Bit Timm Special CHICAGO. April I.—Primary Receipts: Wheat. 028.000. against holiday corn, 001,000. against holiday: oats. 345.000 against holiday. Shipments Wheat. 511 - 000. against holiday corn. 4.30.000 against holiday; oats. 374.000. against holiday. Bn 7 mirs Noceln’ CHICAGO April I.—Carluts: Wheat. II: corn. 04: oats. 1.3; rye. (I SCOUTS HIKE TO MOVIE Are Giirsls of Uircle Theater; Exposition Ends Big Week. Several hundred Boy Scouts assembled in University SqUc.ro at 8:30 a. m. today and paraded through the business district to attend their annual theater party at the Circle Theater. The'event was part of Boy Scout week, which will end with an exposition in Tomlinson Hall, from this afternoon until Saturday evening. Merit badges were distributed at a court of honor Thursday night in Manual Training I itgh School auditorium. Ninety-five Scouts were advanced from tenderfoot to secondclass and twenty-seven received their first-class rank. 42 ON GROUNDED SHIP Bn United press WASHINGTON. April 1. The Standard Oil Company tanker 11. H. Rogers is aground off South Pass, in the Gulf of Mexico, with a crew of forty-two men aboard, the Coast Guard was advised today. High seas were reported pounding the vessel. The Rogers left Baton Rouge, La., for New York. March 28.

OPEN MONDAY EVENINGS UNTIL 8:30 O’CLOCK

Cattle Unchanged—Calves and Sheep Steady to Lower. —Hog Price RangeMarch. Bulk. Top. Receipts. 24. 11.50©12.25 12.25 4.500 25. 11.40(512.15 12.26 6.000 20. 11.40® 12.15 12.25 2.500 28. 11.15® 12.00 12.00 4.000 39. 11.10® 11.85 11.85 6.500 30. 10.90 Ml 1.00 11.00 5.000 31. 11.15 ©11.75 11.85 2.500 April. 1. 11.25 © 11.90 T 2.00 3,000 The advance, begun Thursday by the local hog market, continued today, prices going up mostly 10 to 15 cents. In some instances the extreme range was a 5 to 20-cent gain. Although the Chicago market was strong, it did not move up as much as at the Indianapolis stockyards. Receipts were estimated to be 3.000, offered, with 691 holdovers. Most sales were at $J [email protected], the top sl2. Hog Price Range For 90-130 pounds. sll @11.75 was paid; 130-160 pounds. $11.65® 11.90; 160-250 pounds, $ 11.25 @l2; 250 pounds up. $11.40 down. Packing sows remained at the price set the previous day, $9.50® 10.25. An active cattle market was steady. The run numbered 600. Beef steers went at $8.5009.75; beef cows, $6tg>7.75; low cutters and cutter cows, 54.25®5.25: bulk stock and feeder steers, $7.18.25. Mostly Lower The veal market was slow’, prices being steady to 50 cents lower, largely off. Receipts were 800. Best vealers brought sls, the bulk of the lot going at $14.50. and downward. The sheep and lamb trade was slow, a 500-head run of plain quality coming in. Prices were steady to lower. Top fat lambs were quotable at sl6; bulk fat lambs, $14.25@16; bulk cull lambs, s9@ll. —Hog*— Receipts. 3.900: market higher 90 1.30 Ilia SII.OOM 11.76 1.30 109 lb* 11.65 41 11.90 100-299 18* 11.75*112.00 200-259 lb 11.75*1 11.86 250 lb*, up 10.75 ©11.40 —Cattle— , Receipts. 000: market, steady. Beef steer* [email protected] Bulk stuck and feeder steers 7 011 <11 8.25 Beef row* 6.00 Hi 7.75 Low cutters and cutter cows 4.35 M 5.25 —Calves— Receipt-. 890; market, steady to lower. Best vealers $14.504r15.00 Heavy calves 0.90© 9.00 —Sheep— Receipts 590; market, steady to lower Top fat lambs $lO Oil quotable Bulk fat lambs 14.25.4i 15.00 Bulk cull lambs 9.00© 11.00 Other Livestock if 11 Times Spri trt • LOUISVILLE. April I.—Hogs Receipts. 900 market steady: top*, $11.45. Cattle —Reisipts. 200; market -toady. Calves—Receipts 200 market steady: good to choice, $lO 504! 13.50 medium to good. 88.50 41 10.50: out-. $8.50 down. Sheep—Re.-eipts. 50: market steady: top lamb-, sl3/11. seconds, $10®12; cheep. $0 4i 7. Bn I piled Press EAST BUFFALO. April 1 —Hogs—Receipt*. 4,000; lioldoier-, 1.088 market steady; 350 to 350 |ni-. $10.65© 11.50: 200 to 259 lb- $11.40i 11.90; 109 to %I9 lbs. sil.Ks*i 12.25: 130 to too lb-. •f13.15*i 12.40; 90 to 1.30 lbs., sl/2541 13.50: packing sows. 59.504i 19.25 Catlie—Receipts. ,399; calves. 1.200: market steady: calves weak: vealers. $154/16. Sheep—Kei'cints, 0.090: market 25c lower: top fat lamb-. $13.25® 10.50; bulk lat lambs. $134(14. 1. 11 United Pre.it CLEVELAND. April I.—Hoga Receipt.-. 1.000; market steady to 25c higher; 359 to .350 ]t>-. $10.504111.25: 290 to 259 U)S . *11.254/11.85; 100 to 200 lbs., si 1.85*i 13.25; 1.30 to 16" lbs. *l2*i 12 26 90 to 130 lb-. $12.35: packing sow- $9.50 4/10. Cattle —Re.elpt* 400; calves. 390; market slow steady: beef steer-. $04i9.50 light yearling st'-ers and heifers. $94,9.35 l>eef cows. SO4/ 7.25: low cutter- and cutter cow-. $1,254, 4.77,; vealers. $15.504,16 50. Sheep—Rcvipts. 2.000: market 25c lower; top fat lambs, $14.75: hulk fat lambs sl4 254,14.75; bulk cull lamb-, $104,12; bulk fat ewes. $6 ©7.50. Bn United Press PITTSBURGH. April I.—Hogs—Receipt- 1,800 market, fairly active, 54, 1 Or higher; 250*350 lbs , sll 4, 11.75; 300250 lb-. $11.75t 12.35; 160-300 lbs.. *l-.25 4, 12.45: 130-160 lbs $12,354, |->45- 90 130 lbs.. $12..35*i 12.45: packing

Open Until 9 o'clock Saturday Night

Stockholders Get Half Billion Today Bn United Pres* NEW YORK, April I.—Thousanda of stockholders of widely diversified companies throughout the country today received checks aggregating around a half billion dollars In dividends. Payments were made by more than 500 concerns, bringing the first of the month and first quarter settlements nearly to a record figure. Most of the payments are regular dividends on common and preferred stocks, with a few small extra and stock distributions made. To meet such a drain on credit, banks have been calling loans all week, but the call money rate held steady at 4V& per cent, compared with 4 per cent most of last week. A year ago the rate ran up to 5% per cent. Thus far this week approximately $109,000,000 has been withdrawn by banks.

sows. $9,254/9 75. Cattle—Receipts, none: calves. 150: market steady; beef steers. $94,10.75: vealers. $154,16. Sheep—Receipts. 1 099: market, steady: bulk cull lambs. sß4i 10.50; clipped lambs, sls. Bn United Preen EAST ST. LOUIS. April I.—Hogs—Receipts. 8.000; market steady to 16c up: 25(1 to 350 lbs . $10.49 41 11.15: 300 to 250 lbs . $10.90©11.85: 160 to 200fe lbs., $11.65® 12: 130 to 160 lbs.. $11.25*!! 12: 99 to 1.30 lbs.. $114,11.85: packing sows. $0,504,10. Cattle—Receipts, 1.090; market steady: beef utecrs. $8.50t0 10.50: light yearling steers and heifers. $7,504, 9.50; beef cows, $8,254/7.50; low cutters and cutter cows,. $4.254,4.75: vealers. sl4: heavy calves $64(0: bulk stocker and feeder *tccr — 17.404,8.25. Sheep— Receipts 150; niaraet nominal: ton fat lambs $16.25: bulk fat lambs. sl6® 16.25: bulk cull lambs. $124/13; bulk fat ewe*. $9 4,9.50. CAMPAIGN FOR $6,000 I-caticrs Say Hawthorne Social Service House Is Widely Used. Under the leadersl.ip of Mrs. Enos Carsten, 70 N. Addison St., a campaign committee was organized today to complete plans for raising $6,000 of a $12,000 equity for the Hawthorne Social Service House at 2440 W. Ohio St. About 130 boys and girls arc enrolled in the Boy Scout, Girl Scout and Camp Fire activities of the center. Twenty basketball teams, having an enrollment of 160 boys and young men, are using the “gym” each week. Ninety girls and eighty-four hoys and men take part in regular “gym” work. Two public schools and ten churches in the community make use of the social center weekly and those in charge of the drive feel that because of the wide use made of tho Hawthorne House the public will respond generously to tlie Icall for funds. BONDSWOMAN IS BARRED Mrs. Mary Rapia was barred from signing bonds in the court of Municipal Judge Paul Wetter, today after forfeiture of a bond Thursday. Mrs. Rapia, the center of several bondsmen’s arguments at police headquarters, Thursday, was suspended by Municipal Judge Dan V. White, because of alleged statements that she could bribe an officer in a liquor case. She. also was charged with soliciting bonds. COUNTY REJECTS BIDS County Commissioners George Snider and Charles Sutton today rejected bids for construction of a home for Dr. W. S. Hatch, Sirfnyside Tuberculosis Sanitarium, superintendent. Appropriation for the work was $3,000. but bids averaged $5,500, commissioners said. Readverisement was ordered.

U. S. STEEL, RAILROADS DISPLAY STRONG TONE^

Brings Rally on Market, Stocks Closing With Gains Ahead of Losses —Prepare for Month-End Settlements.

By Elmer C. Walzer Manager United Pres* Financial Servtce. NEW YORK, April I.—United States Steel common stock spurted to anew high record at 16714 in the late trading Thursday after the entire stock market had been depressed in early dealings. This disof stength, together with a firm tone in the railroad group which was unshaken as other shares went to new low ground on the movement, brought about a rally which caused the list to close with more gains than losses. Banks withdrew large amounts of funds preparatory to month-end settlements, but while the undertone stiffened, call money ruled unchanged at 4>4 per cent. This evidence of easy credit also aided the in the afternoon. Early dealings were marked with irregularity, and prices before noon were depressed to low levels for the move in most issues. Oils, particularly, were sold heavily and food shares, notably Continental Baking stocks, dropped into lower ground. Motors also sold off while pivotal issues, such as United States Steel, General Motors and Baldwin, werv down several points. Rail earnings stimulated the carriers. still buoyant from their display Wednesday, when car loadings for the week running over a million cars were announced.. Incidentally, the coal strike scheduled for midnight entered as a market factor, stimulating buying of roads which are due to profit from hauling coal from non-union fields. Norfolk & Western and Chesapeake & Ohio, in this category, were in demand most of the time. Rock Island soared and

GETS FIVE DAYS’ PAY State Auditor Withholds Part of ~ Salary Pending Devision. Although attorney General Arthur L. Gilliom has declared the impeachment trial of Judge Clarence W. Dearth of Muncie, unconstitutional and Governor Jackson refused to appoint a successor to the Delaware Circuit bench. State Auditor L. S. Bowman is taking no chances. He lias held up the pay of tho judge for the twenty-six days in March during which the ‘ judge’s place on tlie bench has been in question. In mailing out pay vouchers Thursday, Bowman sent Dearth $56.45 for the first five days of March, impounding the remainder until constitutionality of impeachment is definitely decided. FAIL TO FIND PRISONER Police Squad Searches for Thrash in North Side Tract. Efforts of police to find Thomas Thrash, Negro, of 2817 E. TwentyFifth St., in a tract of land bounded by Twenty-Eighth and Thirty-Fourth Sts. and Rural and Dearborn Sts. proved futile today. Police were informed Thrash, who escaped police in municipal court, Tuesday, was in the locality with a shotgun. Lieut. Fred Drinkut headed the squad which searched the neighborhood.

—COUPON—CLIP IT NOW! Hrlng It with you! •W Present this coupon at time of AW purchase and wo will accept It as a first payment of $2.09 on any purchase of #2O or over. King Klotliing f'o. HH 312 East Washington St.

. APRIL 1. 1927

good gain* were run up in Banger & Aroostook, Canadian Pacific, Central of New Jersey, Erie and many others. Southern lines, including Atlantic Coast Line and Seaboard Air Line, declined. Colorado Fuel and Iron was a strong factor in the industrial group, gaining 5'% points for the day. Commercial Solvents B rose 7, Continental Insurance 7%, International Silver 1014 and National Lead 414- , Sugar shares were higher with Great Western advancing 2 s /8 and Southern Porto Rico up 2%. Good European buying stimulated cotton prices and the market finned up consistently. Talk in the exchange centered on acreage reductions which in some quarters were believed of substantial proportions in the coming season, judging from the v planting intention reports. Wheat prices sagged on good weather. Bond prices were irrregular with the high grade issues holding up strongly. Curb stocks turned over in an erratic market with oils making the worst recessions. Foreign exchange . was enlivened by a sharp advance in Italian lira, which attained anew 1927 high and by a radical setback . in Spanish pesetas. ,

Produce -Markets

Butter (wholesale price)—Creamery beat (Trade, a pound. 52ff?550. Buttertat—Local dealers pay 60® ole a pound. Eggs—Strietlv fresh delivered at Indianapolis, 10 4/ 20c. Poultry (buying prices!—Hens. large breed. 224! 23c: Leghorns. 18@20c: roosters. 134(15e; 1927 broilers. IVi lbs. up. 40e: Leghorn broilers. .304, 35c: ducks. 18 Si 20c. geese. 114112 e: turkeys, young toms. .304, ,32c: old toms, 25c: hen*. 30© 32c: guineas, 35c. Bn United rress , CLEVELAND. April I.—Butter—Extra. 50e: standard. 50c. Eggs—Extras. 26 %e: extra firsts, 24%e: firsts, 2.34,23%c. ordinary, 23c. Poultry—Heavy fowls, 39® 30c; medium, .314,33 c; Leghorns. 274/' 38c: cocks. 174,18 c; stags. 22@23c; spring broilcof. 504, 53e; Leghorn broilers, 4.34, 45c. Jriitatoes—Round whites. 159- : pound sacks, Maine, $4.25© 4.50; Michigan, mostly $3.104,3.50; Ohio, $3.25: New York, $.3,404, 3.50; Idaho russet bakers, 115-pound sacks. $4: Ohio bushel sacks, $1,254, 1.35. Maine two-bushel sacks. $.3.50 4, 3.60; Colorado Brown Beauties. 120 pound sacks. $3,854/4: Florida barrels. Rose No. 1. $12.50@13; dark. $12.00. Bn United Press NEW YORK, April I.—Produes; Flour, : quiet and steady. Pork—Quiet: mess, 837.50. Lard —Steady. Middlewrst—sl2.Bs 4,12.95. Sugar—Raw, unsettled; No. 6 test. $4.08; refined, dull: granulated, $5.854, 6. Coffee—Rio No. 7, 16% © 16%.- Santors No. 4. 18@18%C. Tali low—Dull: specials to extra. 7% 4, 7%c. i Hay—Firm; No. 1 $1.39: No. 3, $1.19® I I. clover, $1,104, 1.25. Dressed 1 poultry—Dull: turkeys, .30®46c: chickens. 304/,"Me: capons. 38@44e; fowls. 16® 34c: ducks. 30® 2.3 c; Long Island ducks. 204, 24c. Live poultry—Quiet: geese. 11 ®' 17c: ducks. 19%.30c: fowls. 30c; turkeys. 35 4,49 c; roo-lers, 18c; chickens. 22©32c; broilers. 35 4,55 c. Cbeese—Steady; State milk common to special, 27@28c: young America, 27 %c. Butter—Easier: receipts. 11, creamery extras, 52 %c: special market, 53 4, 53%c. Eggs—Unsettled; receipts. 38,580: nearby white fancy. 32® 33c: nearby State white. 26©31c; fresh . firsts, 24 4,25 c; Pacific coast first to extras. 27®.35c; western whites. 26@28c:J| nearby browns, 28 4, 31 e. Potatoes—Longfl Island, $2%6.13: Jersey, basket, $1,254,™ 1.50: southern. $34/9: State, $3,104/3.90; f Maine, $3,604/4.00; Bermuda. s4© 13.50. 1 Sweets—Jersey, basket, 40c©2.56; south- 1 crn. basket, 60c4, $1; southern, barrels, ' $1.75 ©3. i

I Buy and Sell Central Indiana Power Pfd. Newton Todd

NO K L OTHING DISPLAYED IN OUR WINDOWS,