Indianapolis Times, Volume 38, Number 328, Indianapolis, Marion County, 26 April 1927 — Page 11

'APRIL 26, 1927

SLIPPING OFF IN PORK

4IEAVY SELLING !N EARLY TRADE ON STOCK EXCHANGE General Motors Spurts Up, but Drops Back —Other Leaders Weighty.

Average Stock Prices

Average of twenty industrials Monday ■was 163.73, off 3.07. Average of twenty rails was 132.33, of 150. Average of forty bonds was 97.33, up .02. Ru United Press NEW YORK, April 26.— Further heavy selling took place in the early dealings representing liquidation of t hinly margined accounts which had been Impaired by the drastic character of Monday’s break. General Motors experienced an opening spurt to 19014. up 1%, from its previous close. This gain was stimulated by appearance after the previous close of the corporation's first quarter report showing a net income of $52,551,408 applicable to dividends compared with $44,911,618 in the corresponding period last year, General Motors quickly to this recovery dropping raick to 188 Vi, while other industrial leaders were similarly heavy. Rallying tendencies gained greater headway in the late morning in face of determined attempts on the part of the floor crowd to foreo further reaction. Although banks withdrew about $10,000,000 from the call loan market, ample supply of funds continued a'vailable at 4 per cent. This evidence of ease in credit conditions encouraged constructive forces and buying operations were resumed with considerable aggressiveness in special stocks. Hudson led the rally in automobile shares selling at 74 tip 2% from the low. Bullishness was inspired by the news that the company sold 18,7000 Hudson and Essex cars during the first two weeks of April, the highest for such a period in its history. STRONG STOCKS SUFFER A’alues Tumble in Most Drastic Selling Breaks in Months. Bn United Press NEW YORK, April 26.—Heavy selling, which sent stock values crashing Monday in the most drastic break Wall Street has been since last October, was renewed in early dealing's on the New York Stock Exchange today. Values crumbled all through the list and even such strong stocks as Genera! Motors suffered. That stock enjoyed a temporary recovery at the At, spurting to 190'i, up 1% from previous close. The selling wave, however, soon engulfed the stock and it dropped, along with all the other leading industrial shares. At 10:30 a. m. it was 188%. Then it began see-saw-ing. At 10:50 a. m. it was -189 ViThe peculiar behavior of General Motors followed the corporation’s earnings statement Monffay, which had been expected by observers to holster its value. The soiling hammers, however, pounded it hard. Trading was brisk and exciting scenes were enacted at many trading posts. After an hour's selling, the general list steadied and special stocks advanced. Delaware & Hudson mounted to the highest level in twenty years. It reached 215% after spurting 4 points.

Banks and Exchange

INDIANAPOLIS STATEMENT Loral bank clearings were $3,953,000; debits, $7,477,000. NEW YORK STATEMENT Bu United Press NEW YORK. April 26.—Clearings. sl,173,000.000: balances, $124,000,000. FOREIGN EXCHANGE B" United I’ress , .. . NE WYORK, April 20.—Foreign exchange dosed steady. Demand* sterling, $4 85*' up .00 1-16: francs. 3.91%c; lire 5 4.V- off .22: Be'.-ga, 13.90a: marks, 23.69 c: Russia, 5.15; Shanghai, 62c; Yokohama. 12.05 c.

Produce Markets

Butter (wholesale price)—Creamery, best gradp. a pound 51® 52c. Bntterfat—Local dealers pay 51c. F.ggs—Strictly ft-esli delivered at Indianapolis. [email protected]. , „ , Poultry (buying prices I— Hens, large breed. 23c: Leghorns. 18 @ 20c; roosters. 12® 15c: 1927 broilers. 1% lbs. up. 35@ 37e: leghorn broilers, 25@32e: ducks. 18 @2oc: geese. 10® 12c: turkeys, young, 30c; old. 25c: guineas. 35c.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, April 26.—The area under water will increase for llie rest of the week. The real question now is whether the flood will recede in time for the laud to be planted. Always important, the weather during May becomes of paramount importance. Possibilities on the long side are almost unlimited if May % a wet month.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. April 26.—Sugar futures have been very sensitive to outside influences and I think they will continue so until more confidence can lie felt in the domestic price situation. At the moment opinion is divided as to the. outlook for the raw sugar market but th 'se differences afford prospective buyers an opportunity from time to time to buy futures at concessions. That is the policz I think it is advisable to follow. DIES FROM POISON DOSE Who Lost Job Succeeds in Suicide Attempt. Harry Watts, 31, who took poison in his room at the New Occidental Hotel Saturday lieeause of despondency over loss of his position, died today at the city hospital. When taken to the hospital, Wyatt told police he had been discharged by a local grocery company because of illness. He was unmarried. His father lives near Edinburg, Ind,

New York Stocks .£{ y Thomson & McKinnon)

—April 28— Railroad*— T’rev. High. Low. 2.00 dose. Atchison ..18214 180% 182 181 At Coast L. 180% ... 1 80 1 j 181 B& O ...116* 116 <4 116 ' 4 117 Can Pac ... 180% C& O ... .JUS 166*4 168 108% C&NW.. .81% 81% 81% 81% C R k I’.. 07 *v 05 1 , 07V4 07% Del A H ucl . 215 % 211 215 211 *i Del & Lack. 163 1 4 102 % 163 182 Vi Brio 54 % 53 % 53 % 53 % Erie Ist pfd 57 56% 57 57 tit No pfd. 80*4 86 1 i 86*i .86% Lehigh Va 1.123% 123% 123% 122 >4 K C 50... 50% 50 50 50% LAN ...137% ... 137% 137% M K & T. . 47% 46% 47% 46% Mo Pac pfd 107% 105 % 107 308 N Y Ceil 147% N Y NH&H 51% 50% 51 % 51 No Pac.... 85% ... 85% 85% Nor S- W . .170% 170% 170% 180 Pore Marq .118% ... 118% 110 | Penney .... 60% ... 60% 60% Reading- ...113 111 % 112 111% South Ry .124% 123% 123% 124 So Pa- ..112% 112% 112% 112% st Paul.... 11 % . 14*4 14% St. Paul pfd 23% 23 23% 23% St L & S IV 75% 75 75% 76% St L & S F. 113 112 113 112% Un Pac ..172% 171% • 172 171% Wabash ... 60% 68% 60% 60% Wabash pfd 94% ... 94% 94 Rubbers— Ajax 10 V, 1014 10% 10% Fisk 18% 17% 18% 17% Goodrich .. 55% 55% 55% •'" % Goody pfd.... ... ... 108 Kelly-Soar .. 24*; 23 24% 22 U S Rub . 60 *4 50 % 60 % j 9 % Equipments— Ant C & P 11% Am 1,000 .110 100*4 100 % 110 Am Stl Fd 431, 43% 43% 43% Bald Loco .184'.. 181% 184 383 . Gen Elec... 07% 05% 07% 05% Lima 76% 71 % 75 72 NYA8k.,43% 43% 43% 43% Pres Stl Car 63 . . . 62% 62% Pullman . .177 . 177 176 Westh A B 150 1 10 250 150 Westh Elec 73% 72% 73% 73 Steels— Bethlehem. 50*1 . . 50% 50 % Colo Fuel , 70 77 78% 77% Crueible .. 87% 86 87 Vs 88 Gulf St. Stl 52% Inland Stl. 43 43 44 P R G & 1. 44 % 43% 43% 43% Rep Steel . 65% ... 65 65"* B|| IKS Sill' ff . . . 183 % V S Steel .171 160*1 171 160% Alloy 28 ... 28 28 Vanadium . 48% 47% 48% 47 Motors— Am Bosch. 16 16 16 16 Chandler .... . . . ... 22 % Chrysler . . 42 % 41% 42 42 Con Motor. 12 . . I1 % 12 Dodge .... 18*1 18 18% 18% Gabriel ... 36% . 36 36% Gen Motor 100% 188% 106%! 188'-', Hudson ... 74 71 "i 73% *72% Hupp .’...10% ... 10 .10 Jordan ... 18% 18% 18% 18% Mack .... 100% 100% 100 107 Martin Par . . ... ... 10 Moon ... . . 0% Nash 61*; 60% 61% 61 Packard . . 34% 34% 34% 34% Peerless .. 23% ... 23% 24 Pierce Arw 17 % . . 15 16 % Studcbaker. 53 % 52% 53 % 62 % Stew Warn 04% 62 % * 03% 63 Timken ... 86% 86 86% 86% Willy;, Over 2.1 % 20% 21 % 20% White Mot. 47% 46** 47% 45% Mining— Am Smelt 148% 117 148% 117 Anaoonda . 47 . . 46% 47% Cor De Pas. 62 01% 61% 01% Inspiration ... ... 10 Tnt Niek-l. 58 56 57 % 60% Kenneeott . 64% 6-1 64% 64 Tex G & S. 50% 57% 58% 57% U S Smlt. . 38 ... 38 37 % Oils— Aaltn Rcfg 111) ... 110 110 Cal Pete. . . 24 % . 24% 24% Freept Tex 62% 61 61*4 Hi. % Houston ...111) JOT I ’. 108'. 100 Tndpt Oil.. 20% 19% 20 ]<l% M'rtrlnnd C.. 38 % 38 38 % 38 Mid C Pete 3i % 30% .31 .31 P A P IB) 58% 5.7 % 57% 57 Pneifie Oil ... ... 3 % Phil Pete.. 42% 41% 42 % 41% Union Oil.. 41% 4ii% 41 40% Pure 0i1... 26% 26% 26 "i 26% Royal Dut ... ... ... 40 % Shell 27 % ... 27% 27% Sinclair ..17% ... 17 17 Skell.v .... 27% 26% 27 Vi 27 S O of Cal. 53% 52% 5,3 52% S O of N .J .36 % .36 .36% 30 Vi S O of N Y 30% .30% 30% .30% Texas C 0... 45% 45** 45% 45% Trans Pete 4 ... 3 % 3 % Industrials— Ad Rumoly ... ... ... 13 Allis Chal 102 % ... 102 102 Allied Cl).. 141% 130% 140% 140 Arm (A).. 10 . . . 10 10 Anier Can.. 46 45% 46 45** Am H J,.. 7% ... 7% 8 A H L pfd 51 Am S Raz ... ... ... 49 Am Woolen 10% 18% 10% 18% Central L ... ... 10% Coeo Cola. 106** 105% 106 107 font Can.. 62*i 61% 62% 61% Cert Prods ... "... ... 76 % Dav Chcm. 27% ... 27 27 Dupont .. 230 : * 237% 230 237 % Famous PI 107 106 % 107 106% Gen Asplilt 82% 81 83 U 80 *i Int C Engr 54% 53% 54% 54 Int Paper. 53 52% 53 62 hit Harv.. 158% 158 158% 157% May D Sta 72 71 72 72% Mont Ward 65% 65 65% 65 Nat Lead ... ... . . . 101 % Owen Bot. 78% . . 78** 70% Radio .... 43 41** 42V* 41% Real Silk 46% ... 46% 48% Rptn Type.. 43% 4.3% 4.3 % 43% Sears-Roe... 55 54 % 55 54 Vi Un Dr* ...175% 17.3 174% 174 Unlv Pipe.. .32 31 31% 31% USCI P 233% 231% 232% 220 U S 111 Al. 76 % 75% 76% 75% Woolw .. 139 137% 139 138 Utilities— Am T & T. 164 162 % 164 163*1 Am Exp ..1.30 ... 100 1 ;;•.'% Am W W.. 80% 78 80% 78% Brltlyn Man 65% ... 05 % 05% Col Gs & El 02 "i 91% 92% Oil-.'. Cons Gas... 98% 98% 08% 98% No Am Cos. . 47% 47% 47% 47% Peoples G .1.35 .. 135 134 S Gas & El 56% 56% 50% 68%

Commission Row

PRICES TO RETAILERS FRUITS Apple?—Box apples—Winesaps. $2,850 3: Delicious. $4. Extra fancy barrel apples—Winesaps, $5. Rome Beauties. $4; New York Baldwin. $4.50: York Imperials. $4; Ben Davis. S4 04.50: Fancy barrel apples—Staymen, $3.75: Baldwins, [email protected]; Ben Davis. $3.76. Basket, apples (40-In. basket)—Romes. $2; Winesaps, $1.75: Wagners. $1.35: New York Kings, $1.50: Baldwins. $1.50. Bananas (jobbing price)—4@se lb. Cranberries—Jersey Howes, half bbL. $3.00. 1 Grapefruit—Extra fancy, $4.5005: fancy. $3.50 @4. Lemons—California. $4.25. Oranges—Florida, $4.75 @5.50: Florida Valencias. $5 @5.50 crate; California navels, extra fancy. $1.50® 0; fancy, $1.26 (if 5.60. Strawberries—Alabama and Louisiana. $5.50@0 24-qt. case. VEGETABLES Artichokes—California. $1.50 doz. • Asparagus Georgia crate. #4 @6: bunch. 50 @ 75c. Beans—Texas stringless. $3.50 per hamper. Brussels Sprouts—Fancy California. 30c pound. Cabbage—New Texas, 3lie lb.; Mobile. $2.25 crate. Cauliflower —Crate. $2.75. Celery—Florida. 3 and 4-doz. rratr. $3 @3.75; Mammoth (washed). $101.25 doz. Corn—Texas. $3 bu. . Cucumbers—Hothouse. $1.50 doz. Eggplant—Florida. $1.5002 doz. Endive—California. $1.25 doz. Garlic—California, 12%c lb. Kale —H. G„ $1.75 bbl. Lettuce—lceberg, ort.. $5; H. G. hothouse, $2.55 15-lb. basket. Mangoes—Florida peppers. $5 crate: Musiirooms —Pennsylvania, 1% lbs.. $1.25. Onions New Texas. $3.25: Texas whites. $4 crate: H. G. green. 46c doz. Onion Sets—Yedow. per bushel. $2.50; Red. per bushel, $2.75: Whites, per bushel. $4.25: Texas Bermudas, per 6 000 plants. #3.60. Parsley—li. G.. 50c per bunch: souther*. 75c doz. Peas—Mississippi. $2.50 hamper. Potatoes— Michigan whites 150 ibs $3.75; Russet Burbanks .150 lbs.. $4.50: Rid River Chios. 129 Ibs. $3.75: Idaho Russets. 100 lbs.. $3.75: Idaho bakers. 00-70s, $4: Triumphs. 100 ibs.. $5: new Florida. $6.50 08. Radishes —Southern long reds. 25c: hothouse buttons. $1.16. Rhubarb—H. G.. 35c doz. Root vegetables—Turnips, bu.. $1.60: parsnips, bu.. $1.25: carrots. California. 5 doz.. $4: Louisiana. 90c doz.: H. G. beets, bu. $1.60; Louisiana beets. $2 hpr. Seed potatoes—Main cobblers. 160 lbs., $5.25: lied River Early Ohios. 120 lbs.. $3.75: Early Rose, 150 lbs., $4.50; Rural New Yorks. 150 lbs., $3.75. Spinach—Texas. $1.35 bu. Sweet Potatoes—lndiana Jerseys, bu.. $2: Nancy Halls. $1.35 per hamper. Seed Sweet Potatoes—Yellow Jerseys, rer bu., $1.50: Nancy Halls, per bu . $1.50: Southern Oueens, per bu.. $2: red Bermudas, per bu.. $2.25. Tomatoes—Six-basket crt.. $3.6005.

Local Wagon Wheat

Local grain elevators are paying #1.20 for No. 2 red wheat. Other grade* are tiUTchased. on, their merit*. _1 _

West Un . .152 ... Is 2 153 Shipping— Am In Cp. . 44% 4.3 % 44% 44 Am S & C 5 4Vi 5 4 % Atl G 33% hi M M pfd 41% 41% 41% 41 % United Fr.. .. ... ... 128% Foods — Am Sugar. 87% 87V* 87% 88 A B Sugar . . ... . . 32% Austin N... 6% ... 5% 5Vi Resell N . . 52 % ... 52 % 52 % Calif Pkg .... ... ... 68 Corn Pds. . 60% 59% 60 % 60% Cuba C pfd 43% ... 43 43 Cuba'A Sug 24% ... 24% 25 Fleisehm. . . 5.3 % 52 % 5.3 52 % Jew Tea... 62Vi 62 62VS 62% Nat Biscuit. 11.3 111 % 11.3 112 Punta Ale. . 41% 41% 41% 41% Postum .. 95 94% 05 04% W Bk B 21 Vi Tohbaccos — Am Duma.. 54% 53% 54% 53 Vi Am Tob . . ... 126 V* Am T B ..126 125% 126 126 Cons Cigars . ... . . 76 % Gen Cigars. 58 . . . 58 58% Yiggctt ...101 Vi 100% 100% 101% Lorillard .. 27% ... 27% 27% R.! Rey ..120% ... 120% 121 Tob P B. . 09% 08Vi 90 09 U Cig Stor 87% 86% 87% 86% Schulte R S 50 40% 49% 49% WHEAT QUIET; RANGE NARROW Grain Prices Advance Slightly at Close. Bu United Press CHICAGO. April 26.—Wheat held within a narrow range in a very quiet market on the Chicago Board of Trade today, with final prices Vic off to ’gc higher than the previous close. ' Quotations were firmer at the start, but sold off on local pressure a little later, with commission house buying coming in on the declines. Liverpool was %c to Vac lower, being steadier than expected. Export business was reported of moderate extent. Weather conditions were more favorable for soil preparation of the spring wheat and for the progress of the winter wheat crop. The cash market was unchanged. Local receipts were 25 cars. Corn displayed a little more resistance to selling pressure than recently, but prices did not get far from yesterday's close, being %c to Vic up. May was relatively steady with no evidence of liquidating pressure. The local receipts were 37 cars, and country offerings were moderate The cash market was Vic higher. Oats were dull and moved within a very narrow range. There was some scattered selling of the May, hut the close was YsC to -Vic higher. Receipts were 34 cars. The cash market was steady and unchanged. Provisions were a little higher. Chicago Grain Table —April 26 WHEAT— Prev. Oppn. High. Ltvv. Close. close. May V. 33% 133% 1.K3% 1.33'% 1.3.3% July 1 .30 % 1.30 % 1.30 % 1 .30 % 1.30 % Sept 1.29% 1.29% 1.29% 1.29'% 1.29% CORN— Ma.v .71% .72 .71% .71% .71% July .77% .77% .76% .77% .77% Sept .81 Vs .81% .80% .81% .81% OATS— May .44 % .44 % .43% .44% .44% July .44 ** .45 % .44% .45% .44% Sept 44% .44% .44% .44% .44% LARD— July. 12.55 12.65 12.55 13.65 12.50 Sept. 12.77 12 87 12.77 12.87 12.70 RIBS— May... Nominal 13.80 13.75 RYE— May 1.02% 1.02% 1.02% 1.02% 1.02% July 1.01 1.01 % 1.00% 1.01 1.01% Sept .96 Vi 96% .95% .96% .96% Bit United Press CHICAGO. April 26.—Cash grain: Wheat —No. 2 red, $1.34% ; No. 3 red. $1.32% @1.33%: No. 1 hard, #1.38%. Corn No. 3 yellow, 71e: No. 4 yellow, 70@ 70%e; No. 5 yellow. 09 % @O9 %e: No. 6 yellow. 67% @ 68c: No. 4 mixed. 69c: No. 6 mixed. 67%e; No. 4 white. 70%c; sample grade, 54® 65c. Oats—No. 2 white. 47%c; No. 3 white. 43% @46 Vie; No. 4 white, .38 fa 42%c: sample grade, 37'-ft/ 410. Barley—7Be. Timothy—s4.so® 5.25. Clover—s 29 @35.75, Bn United Press TOLEDO. April 26.—Close: Wheat—No. 2, $1.33 @1.34. Corn—No. 3. 75 Vi® 76 Vie. Rye—No. 2. $1.06. Oats—No. 3. 48 @49-. Clover—Cash, domestic. $26.50; rash imported. $16.85: October, $16.50. Timothy—Cash, new, $2.70; April. $2.70: May. $2.70. Alsikc—Cash, #24. Butter—so® 53c. Eggs—22 @24 e. Hay —s2s. BOARD ASKS BIDS ON MORRIS SPAN The board of works will receive bids Friday on the construction of the $450,000 Morris St. bridge over White River. It will be the first step in the $3,000,000 flood prevention project between Raymond and Morris Sts. It is believed the new board will accept plans of Flood Prevention Engineer Harvey Cassidy rather than rescind action of the old board, causing further delay in the program. Cost of the flood prevention work is met by 10 per cent assessment from benefitted property owners and 45 per cent from loth the city and county. Failure to let the contract for dredging the channel and building levees is delaying the $14,000,000 track elevation program of the Belt between W. New York and Harding Sts., according to Track Elevation Engineer M. M. Bebee. An agreement signed Aug. 7, 1925, provided the Belt Railroad begin work thirty days after the letting of the contract and finish the elevation within ten years. The elevation from E. Michigan to Thirteenth Sts., already has been completed. Cottage Destroyed Fire, originating from unknown causes, destroyed an unoccupied summer cottage on White River at Fifty-First St. about midnight. It belonged to an F. Weisenbach, 5115 Cornelius Ave. Loss was estimated at $2,000. Former I. U. Dean Dies Bu United Press BLOOMINGTON, Ind., April 26 - Dr. Carl H. Eigenmann, dean of the graduate school of Indiana University and veteran South American explorer is dead in California, according to news received here. According to the report here, Dr. Btgnemann will be buried [Wednesday at Coronado, Cal, ......

THE INDIANAPOLIS TIMES

TRADE

Calves Strong, Cattle Tendency Weak and Sheep Steady. —Hoe Price Range— April. Bulk. Top. Receipts. 19. 10.60011.15 11.25 6.000 20. 10.50 @11.25 11.25 4.500 21. 10.25® 10.85 10.90 6,000 22. 10.00(0.10.65 10.75 6.000 23. 10.25 @10.85 10.85 2.000 25. 10.25 @10.85 11.00 4.000 26. [email protected] 10.75 6.000 The hog market was unable to maintain what appeared Saturday to be a recovery, and today prices showed more weakness than on Monday’s market. Most early sales w ere 10 to 15 cents lower on the hundredweight. Tliis meant that the bulk sold at [email protected], with one load of light material going at a top mark of $10.75. Estimated receipts were 6,000 and holdovers 255. Hog Price Range Meat animals weighing 120-200 pounds sold largely at [email protected], one load at $10.75; 200-250 pounds, 510.25® 10.50; 250 pounds up, slo© 10.25, Pigs were quoted at sll down, packing sows, [email protected]. Trade in the cattle market was slow, tending to become lower. Beef steers were $8.50@12; beef cows, [email protected]; low cutters and cutter cows, [email protected]: bulk stock and feeder steers, [email protected]. Receipts were 2,100. Market Firms Up Prices in the calf market turned strong, witli a run of 1,000 vealers. Best material sold at $11.50 and the bulk at sll down. The sheep and lamb market was about steady. Some spring lambs were $18.50/ a deck of shorn lambs $15.25 and most ewes $8 down. Top fat lambs were $15.25: bulk fat lambs, $13@>15.25; hulk cull lambs, sß.so@>ll. —Hof*— Receipts. 6,000; market lower. 90-130 lb* $10.25(5 10.75 130-160 lb* 10.50® 1075 160-200 lbs 10.50(5 10.75 200-250 lbs 10.'2.V0 10.60 250 lbs. up 10.00@ 10.35 —Cattle— Receipts. 2.100; market, weak. Beef steers #8.50012.00 Bulk stock and feeder steers 7.25 @ 8.50 Beef cows 6.50 @ 8.50 Low cutters and cutter cows. 4.25® 6.75 —Calves— Receipts. 1,000: market, strong Best vealers $10.50® 11.50 Heavy calves 5.50® 8.00 —Sheep— Receipts. 400; market. Heady. Top fat lambs $15.25 Bulk fat lamb* 1.3.00@ 15.25 Bulk cull lambs 8.50011.00 Other Livestock Bu United Press CHICAGO. April 26—Cattle—Receipts. 8.000: fed steers and fat sne-stock slow, steady; Stockers and feeders steady to lower, meaty kinds showing decline: bulls weak to lac lower: vealers steady to strong: light steers predominating in run: mostly light and long yearlings: bulk selling at $10.75 downward: best mediumweights. sl2: meaty heavy feeders upward to $10.60: bulk slockers and feeders. sß® 9.25. Sheep—Receipts. 8,000; fat iambs fairly active: steady to strong with Monday: bulk desirable wooled lambs eligible. sl6 (a 16.50; best Color,ados held above $16.65: early bull, clipped lambs. $14.75 @15.35; cull <ll wra to sma,l killers, $15.50; beet lieu nigher: two double* choice 79-noimd California skinners, 10c higher at $17.50: sheep steady; desirable wooled ewes, #8 (a 0: good to choice clipped ewes in small lots, $7.50® 8.50. Hogs—Receipts. 21.000: market uneven, around steady; heavyweights, $9.90® 10.40; mediumweights. $lO.lO @ 10.65: lightweights, $10.20® 10.70; light lights. $10.25 ® 10.70; packing sows. $8.75® 9.35; slaughter pigs. [email protected]. Bu United Press CINCINNATI. April 26.—Hogs Receipts. 3.300; holdovers 1,271: market, unevenly. 10®25c higher; sows and pigs steady: 250-37,0 lbs. $9.50® 10.25; 200250 lbs.. $10.15® 10.60; 160-200 lbs.. $10.50 ft 10.60; 130-160 lbs.. $10.50® 10.60; 00-160 lbs., [email protected]: tacking sows. $8.50 @9. Cattle—Receipts. 550; calves. 500: market, quiet and steady; veals steady: beef sters, [email protected]: light yearling Bteers and heifers. $8.50@10; beef cows. $6 @7.25: low cutter and cutter cows, $4 @5.60: vealers, $6 @11; bulk stock and feeder steers. 58.50@9. Sheep —Receipts. 150: market steady: top fat lambs, sls :bu!k tat lambs. sl3® 15: bulk cull lambs. s7® 11: bulk fat ewes. s6@B; bul kspring lambs. sl6® 18.50. Bu Times Special LOUISVILLE, April 20.—Hogs Receipts. 800: market 15c higher: tops $10.25. Cattle —Receipts. 200: market slow, steady. Calves—Receipts, 200: market steady: pood to choice. $8@10: medium to good. $6 @8: outs, $6 down. Sheep—Receipts, 50; market steady, top L a w! 1 1 : "PfiogPrs, $18: seconds, $lO @l2; sheep, $6 @ 7. Bu United Press EAST BUFFALO. Anril 26.—Horn—Receipts. 100: market steady: 250 to .360 lbs.. $9.75 @ 10.40: 200 to 250 lbs . $lO.-30 @10.90: 160 to 200 lbs.. $10.75@ 11 35130 to 160 lbs.. $11.25 @11.75: 90 to 1601 Jbs $11.60@12; packing sows. $8.75@ 925 Cattle—Receipts. 100: calves. 150: £V. rl F‘ steady: calves steady: vealers $11.50 @l2. Sheep—Receipts. 03: hold! ovprs. 300; market nominally $15.50 @ 15.75; bulk cull lambs, sll @12.25: bulk @20 WM ' bulk B P r * n S lambs. sl7 Bu United Press „ EAST ST. LOUIS. April 26.—Hogs _ Receipts. 17.500: market mosllv 15@°5c lower: 200 to 350 lbs.. $9.65 @10: "00 to 959 lbs. $9.85@ 10.30; IHO to 200 lbs *l9 79fl°.4 5 : 130 to 160 lbs.. slo® 10.45: 90 to 160 lbs.. $9.75@ 10.25: pack- <"* "ow". ,** 75 @9. Cattle Receipts. , P. w , f ’ r 0n Steers: beef steers $8..->0 0 10.25: light yearling steers an d heifers, [email protected]: beef cows, $6.50@ ZJj'l J ow cutters and cutter cows $4 50 @5.50: vealers, $10.25 @ 10.50: heavv calves, $6 @8.50; bulk Stocker and feeder steers. $8 @9. Sheep—Reeeints, 1 800market slow, indications heavy; top fat A m o h <?' , $1 ,L 75: , b , ulk fat lambs. sl4 50® )amhe ' hu,k Bu United Press PITTSBURGH. April 26—Hops—Re(Vlpts, 600; market, active, steady to 10c h'rter. ton $11.50: "50 to 350 lbs.. $lO @10.50: 200 to 250 lbs.. 810.50@11- 160 to 200 tbs- sll @11.40: 130 to 160'lbs. *ll @11.40: 90 to 160 lbs.. $11.40® 11.50: packing sows $8 @9. Cattle—Receipts, 100: calves. 100: market, steadybeer steers, quotable. [email protected]: vealefs slo*/ 11.50. Sheep—Receipts, 300* market, steady: wethers. $8.75- ton fat lambs. $15.50: bulk cull lambs, sß® 10 50bulk spring lambs. $15®20. Bu United Press CLEVELAND. April 96.—Hogs—Receipts 1.200: market, steady: 260 to 350 200 to 250 lbs. $lO 50 'iMOHO; 160 to 200 lbs.. $10.90® 11: 130 i > b * 11 @ 112 5: 9 to 160 lbs., sll 15 @11.25: packing sows. $8.50@0. Cattle—Receipts. 100; calves, 250- market steady: beef steers, $8.75 @9.50: light yearling steers and heifers. $9 @9.50: beef cows, #9-60 @7.50: low cutter and cutter cows. [email protected]: vealers. slo@l3. Sheep—Receipts, 1.000: market, steady to strong; top fat lambs. $15.75: bulk fat .*^>@ls.s°• bulk cull lambs, $lO @l2; bulk fat ewes. $6.50 @B. Bu United Press roX OLED ?' 26 - —Hogs—Receipts. 500: market 10@20c lower on heavies: heavies. [email protected]: mediums. slo® lO.oO: Yorkers, $10.0010.65: good nigs $10.50011. calvea—Receipts l/ghtmarket steady. Sheep and lambs Receipts. light: market steady. Cattle Receipts, light: market steady. HOLD PUBLICITY MAN Charles Lucas Under Arrest Here on Cliicapo Warrant. Charles J. P. Lucas, publicity agent and newspaper writer, was held at the city prison today o.i fugitive and vagrancy charges. Detective Chief Claude M. Worley said State's Prosecutor Robert E. Crowe, Chicago, 111., sent a warrant calling for Lucas’ arrest, alleging he would be prosecuted on a fraud charge there, Lucas denied the cfctyrge.

J 1,955,000 GIVEN TO FLOOD RELIEF East Leads in Aid —Middle West Next. Bu United Press WASHINGTON, April 26—The Red Cross flood relief fund had reached $1,955,000 at noon today. Os this amount, the East contributed ?1,351,000; the Middle West $483,000 and the Pacific Coast $121,000. The first flood baby to receive a name designating the conditions of its birth was reported to the Red Cross today. “Refugee Jones’’ was horn in a box car at Cottonplant, Ark. Henry M. Baker, director of disaster relief, reported today there are. forty-two Red Cross refugee camps and that thousands of flood victims still are Waiting on levees, housetops and other high places for rescue.

Hoosier Briefs

Shovels manufactured hv t lie Ames Shovel and Tool Company of Anderson are helping in the work of holding the Mississippi River in its artificial banks. More than 300 dozen shovels have been shipped to the flood zone in the last few days. More than ten thousand acres of sugar beets will bo planted around Decatur, the Hollancl-St. Louis Sugar Company, has announced. H. Newton Oliphant of Frankfort will see the world "saying it witfi music.’’ He is a member of a jazz band that will tour China. Japan, Australia and the Philippines. Harold Hensley, 16, of Kempton, received a broken leg when kicked by a row he was milking for the first time. Beulah Mae Wilcox will he May Queen in the grade school spring festival at Lebanon Friday. Roller skate fad among college students is causing a boom at Kokomo. The Kokomo Stamped Metal Company, skate manufacturers, is working day and night on rush orders. Miss Evelyn Luginbili of Berne had her hand crushed when she caught it in a press feeder. The feeder had to be sent to a factory for repairs. Frank Burris, his wife and their son, Frank Jr., 17, are serving sentences on charges of robbery. Police charged Mrs. Burris stood guard while her son robbed a junk yard. Culver Military Academy lias offered the Government ten man-o-war cutters to be used in flood relief on the Mississippi. MGER WANTED BV SOUTH SIRS Boosters Club Regard: regime Now ‘Deplorable.’ “Deplorable” methods of the city administration were discussed by the South Side Boosters Club, which indorsed The city manager movement Monday night at Garfield Park Baptist Church. The club decided to back t’.i campaign for a city manager form of government in the hope of obtaining relief from the political boss system of government, according to F. W. Waldko .tter, new president. James E. Honeycutt was chosen vice president; Burdeth Reese, ser-geant-at-arms, and Erwin E. Schaad,, secretary. The club voted to request more police protection for the neighborhood o- Troy and Carson Aves. The closest police box is at Southern Ave. and Shelby St., more than a half mile away. U. B. CONFERENCE OPENS Ways and Means Committee Opens Session at Calvary United. Conference services this morning opened the midyear convention of the ways and means committee of the White River Conference of the United Brethren Church at Calvary United Brethren Church, State and Hoyt Aves. Dr. J. B. Parsons is conference superintendent. The opening meeting was in charge of the Rev. H. C. Schlarb, First Friends Church pastor. Tenminute talks were given by the Rev. L. A. Huddelson, the Rev. George F. Snyder, the Rev. C. G. McCrocklin, Dr. W. H. Todd, and the Rev. J. B. Simmermon.

Teapot Oil Probe at City Hall The “teapot oil probe” aroused city hail today. City Purchasing Agent John Collins received requisition for six teapots for the city asphalt plant. “Where is the tea party?” Collins asked Assistant City Engineer Arthur Haufler. “I don’t know; where is it?” replied Haufler. “You’ve ordered a half dozen teapots for the asphalt plant.. What do you want them for and how good ones do you need?” insisted Collins. Haufler called Chief Clerk Frank J. Muiholland and learned that the teapots were* to be used for oiling ma-* •chinery.

COOLIDGE PAYS U. P. TRIBUTE (Continued from Page 3) revolution was started. Finally a president was designated by the Congress which appeared to us and to other Central American countries to have a constitutional title and wc therefore recognized him. As the disorders continued, on his representation tiiat lie was unable to protect American lives and property, I sent a force of Marinos for that purpose. Their presence has undoubtedly prevent*! the larger towns from being pillaged and confined the fighting for the most part to uninhabited areas. We have sold arms and ammunition, as we did in the case of Mexico, to the Nicaraguan Government. The revolutionary forces appear to have received arms and ammunition from some source in Mexico. With a hope that we might be furnished with information which would better enable us to deal with the situation,’ I have sent Henry L. Stimson, former Secretary of War, to that country. Meantime, it is reported that the Government forces have been apparently successful in driving the revolutionists from the field. Government Investment In addition to the private property of our citizens, which is employed in lumber and agricultural operations, our Government has secured the right to construct a canal and establish a naval base, for which it paid $3,000,000. Contrary to the general impression, there are no oil properties in this country. Nevertheless, I have seen cartoons that pictured it as filled with oil derricks. Our country consumes vast quantities of ol! and gasoline in its use of automobiles, gas engines, and oil-burning furnaces. If these products are to be kept within a reasonable prices, which is very important to a great body of our citizens, our people who go abroad to develop new fields and to increase the supply ought to have the encouragement and support of our Government. We are not making war on Nicaragua any more than a policeman on the street Is making war on passers-by. We are there to protect our citizens and their property from being destroyed by war and to lend every encouragement we can to the restoration of peace. While the destruction of life and property has boon serious enough, had it not been for the presenco of our forces il would undoubtedly have been much worse. * Toward the governments of countries which we.have recognized tills side of the Panama Canal we feel a moral responsibility that does not attach to other nations. We wish them to feel that our recognition is of real value to them and that they can count on such support as we can lawfully give them when they arc beset with difficulties. For Peaceful Elections We have undertaken to discourage revolutions within that area and to encourage settlement of political differences by the peaceful method of elections. This policy is bound to meet with some discouragements, but it is our hope and belief that ultimately it will prevail. This territory is rich in natural resources and under orderly governments is capable of a development that will give to its inhabitants all the advantage of modern civilization. It is a curious circumstance that some of those who have been willing to have us take mandates over far-off countries in Asia, where we have no interest that does not attach to all humanity, are most critical when we are I attempting to encourage the maintenance of order, the continuity of duly established government, an'd the protection of lives and property of our own citizens under a general reign of law in these countries that are near at hand and where we have large and peculiar interests. Uhina in Convulsion Another important problem in our foreign intercourse relates to China. That country is undergoing a revolutionary convulsion. It is broken up into several parts, each claiming to represent a"government, none of which we have recognized. Our main difficulty here is the protection of life and property of our citizens. We have many missionaries there and some commercial establishments. We have nothing in the way of concessions. Wc have never eccupied .ny t rrttory. Our citizens are being concentrated in ports where wo can protect them and remove them. It is solely for tliis purpose that our warships and marines are .n that territoi/. While this process was going on the unfortunate incident arose at Nanking. One of our citizens was murdered, another was wounded, our consulate was violated, and when the house in which our people had taken refuge was surrounded and they were actually under fire it became necessary for one of our ships and one of the British ships in the harbor to lay down a barrage, to drive away the soldiers and the mob who were making the attack and to enable our citizens to reach a place of safety on our ships in the river. We presented with the other powers who had suffered like attacks identic notes of protest, to which a reply has been made, which although conciliatory in tone and to a certain degree responsive, leaves the final disposition of the issue a matter for further consideration by our Government. Suggestion Ignored Weeks ago we saw this situation developing and sent a suggestion to the contending factions that they exclude the foreign quarters the city of Shanghai from the area of military operations. This they failed to do, making the dispatch of our forces necessary. In a public statement issued by our secretary of State on the 27th of January we indicated that we were ready to negotiate a treaty giving China complete tariff autonomy and to negotiate the release of extraterritorial rights as soon as China is prepared to give protection to American citizens and their property. The friendship of America for China has become proverbial. We feel for her the deepest sympathy in these times of her distress. We have no disposition to do otherwise than to assist and encourage every legitimate aspiration for freelom, for unity, for the cultivation of a national spirit! and th

NAB POOLROOM OWNER William Harrington Failed 1 to Close at Midnight, Charge. * William Harrington, 1005 N. Illinois St., was arrested shortly after midnight, charged with violating the poolroom closing time ordinance and allowing minors in the room. Charles Livingston, 18, of 947 N. Illinois St., was said to have been engaged in a pool game. William Davey, 415 W. Ohio St., was charged with vagrancy when he started to follow the patrol to headquarters. realization of a republican form of government. In the turmoil and strife of the present time we realize fully that forces may be let loose temporarily beyond their power to control, which may do injury to American nationals. It is to guard against that eventuality that our forces arc in Chinese waters and to do what China itself would do if peace prevailed. We do not wish to pursue any course of aggression against the Chinese people. We are there to prevent aggression against our people by any of their disorderly elements. Ultimately the turmoil will quiet down and some form of authority will emerge, which will no doubt be prepared to make adequate settlement for anit wrongs wc have suffered. We shall, of course, maintain the dignity of our Government and insist upon proper respect being extended to our authority. But our actions will at all times be those of a friend solicitous for the well being of the Chinese people. Must Keep to Ideals The recent period has brought America into anew position in the world. We shall have to bear the inevitable criticisms and try to discharge the inevitable obligations which arise from this condition. Because some others have pursued that course, it may be feared that we shall embark upon a program of military aggrandizement. Such, however, is not the spirit of the American people. If, even where our national interests and the protection of the rights of our citizens are involved, we attempt to assist in composing difficulties and supporting international law, we must expect to to charged with imperialistic motives. In our international intercourse we must hold ourselves up to ,high standards of justice and equity. We should be slow -to take offense and quick to grant redress. The world knows that the whole genius of America always calls it to the support of the universal rights of humanity. The civilization of the world has been accomplished by ' the acceptance and general observance of dfinite rules of human conduct. Our duty demands that it be clearly understood at 1 homo and abroad that we are unwavering in our faith in those principles. Those who violate them can not hope for our approbation. Our attitude toward nil nations is one of friendship and good will. Toward those who are yet struggling to Improve the conditions of their people and achieve a larger liberty, it Is especially one of forbearance. We support the demands of right and justice, but we are equally solicitous to observe the requirements of mercy and compassion. In the attempt of your Government to meet these great obligations by which alone an enlightened civilized society can be maintained, a united America must constantly respond with service and sacrifice. Marriage Licenses iiiK SitW&i I n ' i,liarabur * : Emma Russpl! B.ilrl Chatham. 22. 119 W. T.ent'--Ninth: Doris Haritix Overman. 20. 2713 Clifton. Viocrr Uavmon-1 Pawson. .34, 1213 Villa: Margaret Mae Brinson. 30. 2802'-, Olney. John Luther Mason. 22, R. R C. Box 608-51: Thelma Faye Patterson. 18. R. R. C. Box 81-J Edmoiut Harold Simmons. 21. 18 % S. Capitol: Marv Ross. 20. 415 W. Empire. Albert William MacDonald. 26, 345 Prospect: Gladys Irene Mcßride, 19. 6419 Colleße. Wayne Thnmn* Babbs, 21. Southport: Elizabeth Lucile Lee. 18. Southport. Merle N. Grider. 23 4510 Hillside; Nella Fav Folk. 26. 1617 Wade. Oscar Holeman. 46, 112 W. Walnut: Nell Rarks. 39. 121 W. Walnut. Donald R. Curtis. 23. 88 Brooltville; Helen Moore. 24. 1058 Treraont. Samuel Jnsiah Shorack. 36. Elemore, Cal.: Lena Ruth Watts. 31. 1714 S. Jefferson. Edward J. Eaton. 37. 2429 E. Sixteenth: Virginia Gertrude McLaughlin. 20. 1301 Polk. Louis Best. 26. Davenport. Towa, attorrtey: Sara Lewis .24. 720 W. Drive, Woodruff Place. Glenn Hawson, 23. Bto S. Holmes Ave.. mechanic; Rachael Renfro. 19. 4508 N. Delaware St., housekeeper. Morgan Gilmore. 30. R R. J. mechanic: Myrtle Pruitt, 23. R. R. J. Births Girls Frank and Mary Kocjan. 756 N. Warman. Richard and Helen Goins. 523 N. Coble. James and Ida Schultz. 2319 Hoyt Fred and Kathryn Dietz, 1445 S. Eastern. Glenn and Elsie Benjamin, 244 S. Oakland. Bant and Anna Holland, 2620 Indianapolis. Shelby and Beatrice Lewis. 1023 Northwestern. Boys Clyde and Elizabeth Murphy. Methodist Hospital. Albert and Reva Hert. Methodist Hospital. Francis and Rhoda Krincr, Long Hospital. I.eland and Doris Hartley, Long Hospital Hartley and Bertha Weedman, 2354 N. Capitol. Haley ami Minnie Hamilton. 1847 Applegate. Marshall and Hattie Parson, 1155 Fletcher. Deaths Otis E. South, 49. 1342 Parker, influenza. John Dee, 54. Central Indiana Hospital, general paresis. Dorothy C. Seharff, 61. Central Indiana Hospital, pernicious anemia. Anna Kirscli, 62. 1333 N. Dearborn, myocarditis. Marguerite Daily, 29. 1956 Arrow, cardiac asthma. Daisy I)cau Mooy. 51, 2026 N. Sherman Dr., uremia. Mary Moun. 60. 3855 Winthrop. arteriosclerosis. John Root. 45, city hospital, lobar pneumonia. Bobbie Beck. 10 months, city hospital, general tuberculosis. Lizzie Cruea. 40. 624 Highland, acute endocarditis. Building Permits (Recorded Saturday. April 23) W. R. Bixler remodel. 2305 Jackson. Frank J. Selig, addition, 3421 W .Washington, $1,300. A. W. Baetcher, addition. 4018 Cornelius. S3OO. Roy A. Coe. rcroof, 121 N. Chester, #250. George L. Haizor. reroof, 200-208 Hendricks. $250, Kbza Grimes, rcroof. 2707 College, Guedelhoefer Realty Company, furnace 416-20 W. Tenth. $1,300. William Grunewald. dwelling, 1037 Concord. $2,500. Cloud & Piper, dwelling and garage, 6541 Broadway, $5,250. W. it. Hunter, furnace. 1031 Martindale, $202. Mary E. Bassett, furnace. 2120 Prospect, $303. F. Adams furnace. 5243 Carrollton, Cliff Paschell, furnace. 1200 N. Gladstone. $212. Frank Thomas, furnace. 700 N. Garfield, $2lO. Grace Alexander, furnace. 1516 N. Eennsylvania. $473. f hrls Olsen, furnace, 5225 E. Truth. $24 7 C. Birk. furnace. 1835 Parkway. 'j G. Foxworthy, furnace. 1142 Congress $267. N. P. Shelby, furnace. 3310-12 Bader. $344. Robert Lee Brokenbaum, furnace. 2060 fljgiilaud, *297, ._r -

PAGE 11

TRACTION LINES WOULD TRANSFER FREIGHT FREELY Petition Commission So That Service May Be Extended Throughout State. Complete freight traffic transfer on all Indiana interurban lines, with an increase in the minimum charge from 50 to 75 cents, is asked in three petitions filed with the Indiana Public Sercice Commission today. L. E. Earlwlne. Central Electric Traffic Association agent, prepared the petitions. Hearing date is to be set soon. Would Speed Service Should the petition l>e granted freight carried on one line may be transferred to any other traction line in the Stale on the original tariff payment. The smallest amount that can be paid for through freight will be 75 cents. Much of this freight now Is carried on paasenger trains and the change offers rapid freight service over the electric lines. Petitioners include all traction lines running into Indianapolis Decatur Case Up Hearing on a freight rate petition pending since 1924 is scheduled for Wednesday before Herbert McNeely of the commission’s tariff department. The case is that of the llol-land-St. Louis Sugar Refinery Company, Holland, Mich., to recover alleged excessive freight charges on sugar beets shipped to ttie company's factory at Decatur, Ind., from various points in Hie State. The company asked return of $30,000 for two years before 1924 and it is expected an equal amount will be asked for the last two years. Princeton Teacher Backs Whale Story “Did the whale swallow Jonah?” “Why not? Does any one know enough to say that, story isn’t true?” asks Dr. Robert Dick Wilson, professor of Semitic philology at Princeton University, who arrived here today to lecture at t’adle Tabernacle tonight on “Is Higher Criticism Scholarly?” ‘‘While recognizing that poetical allusion exist in the Bible, I accept and feel that I can prove by what I cal! the ‘law of evidence’ that what the Bible says can he taken without any straining of the reason or common sense,” Dr. Wilson said. “The ‘new ideas' of modernists are simply heathen philosophy revamped. Their ideas are as old as doubt, and will last to the end of it. Tl|ey are only new, only ‘modern.’ to those who hear of them for the first time. WHson’s address is under the auspices of a group of Indianapolis citizens interested in Bible study. DENTAL HEALTH WEEK Dentists to Address Luncheon Clubs as Program Feature. With talks before civic clubs and a variety of other educational work planned. Dental Health Week, sponsored by the Indiana State Dental .. Association, opened Monday. Dr. C. R. Jackson today before the Rotary Club and Dr. W. E. Doakne before the Universal Club. Dr. E. E. Voyles will address the Kiwanls Club Wednesday, while Dr. K. B. Mayhall talks to the Lions, Dr. H. G. Jones will appear before the Gyro Club and Dr. G. M. King before the Mercator Club Thursday. Dr. Mary 11. Westfall will speak at the Altrusa Club luncheon Friday and Dr. J. D. Jackson will talk to the Optimist Club. Dr. Westfall also will make brief radio talks on “Proper Care of the. Teeth” over WFBM Wednesday and Friday at 6:30 p. m. NOON ORGAN RECITAL Chestnn L. Heath to Be Heard at Christ Church Wednesday. Cheston L. Heath, Christ Church organist, will give an organ recital in the church Wednesday noon. The program: • Two Choralee—(a) “Come, Risen Lord Joaue'' ... . • • ■ John Sabastlan B*vli (b) In Thee Is Gladness' 1 lolm Sabastian Bach —II—“The Peer Gynt Suite . . . . Edvard Grieg (a I “Morning. ’ (hi “Death of Asa.” Id “Anitraa Dance.” <U) “In the Hall of the Mountain King.” -11 - Old Familiar Air. AT TRAFFIC MEETING Members of Indianapolis Club Attend Convention at Memphis, Tenn. Lawrence N. Helm, Indianapolis Traffic Club president, loft Mondaj for Memphis, Tenn., accompanied by Frank C. Baldridge, M. D. Collins and 14. C. Farrington to represent the Indianapolis club at’tlie annual meeting of the Associated Traffic Clubs of America' today and Wednesday. Fred A. Doebber, Indianapolis Traffic Club president and now national association secretary left for Memphis Saturday night to estabiishe convention headquarters. TELLS NEWS ROMANCE Bu United Press NEW YORK, April 26.—The re * mance of world-wide news gathering was recited Monday by Frank B. Noyes, publisher of the Washington Star, in an address before the annual luncheon of the Associated Press, of which he is president. N’oyes went into detail along the path Os the Associated Press history from the first steps toward its founding in 1850 and paid tribute to its policy of "uncolored news.” The Associated Press, Noyes said, “has no point of view of its own and no composite intelligence could define a composite point of view of its members.” *

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