Indianapolis Times, Volume 38, Number 331, Indianapolis, Marion County, 29 April 1927 — Page 25

APRIL 29, 1927

IMPROVEMENT MADE BY PORKERS

DISAPPOINTMENT 'IN STEADY RATE CAUSES SELLING List Assumes Heavy Tone in Early Trade on Wall Street.

Average Stock Prices

Average of twenty industrials Thursday was 163.53, off 1.70. Average of twenty valla was 130118, off 1.89. Average of forty bonds was 97.23. oft .01. II u United Press NEW YORK, April 29.—Some disappointed selling came into early dealings because no action was taken in regard to a reduction in the local bank rate. In conjunction with recessions, liquidation of marginal accounts impaired by the previous day’s drastic break, these offerings gave the general list a heavy tone in the early dealings. United States Steel common sold off lb to 16614 and General Motors

Thursday’s Record Surpassed II u United Press NEW YORK, April 29.—The price of a seat on tho New York Stock Exchange soared to $194,000 today, anew record. The sale of a seat at that figure, $4,000 more than was ever paid before for the privilege of trading on tho exchange, was announced, blit identity of the purchaser was not immediately available.

lb to 186>4, while other industrial leaders gave ground proportionately. However, a number of issues displayed strength, including Bangor & Aroosstock, which mounted to a further record high at 9413, up 2V4 from the previous close. Banks called about $25,000,000 loans in tho late morning due to week-end requirements simultaneous with preparations for May 1 settlements. These withdrawals caused the demand rate to tighten to 41b per cent after renewals had been arranged at 4 per cent. In the face of this stiffening, however, rallying tendencies in the main body of stocks gained greater vigor around noon. General Motors rebounded to 188%, up 3 points from its low and United States Steel to 167%, up 1%.

Banks and Exchange

Z —April 29 — f INDIANAPOLIS STATEMENT Local bank clearings were $3,217,000; debits. $6.863,000. NEW YORK STATEMENT Bn United Press NEW YORK. April 29.—Clearings. sl,083.000,000: balances. $112,000,000. FOREIGN EXCHANGE Bu United Press NEW YORK. April 29.—Foreign exchange closed irregular. Demand sterling, $4.80%, off .00 l-32e: francs, 3.91 %c; lira. 15.32 %c, up Ole: belga. 13.80%c, oft .00%c: marks. 23.69 e.

Indianapolis Stocks

—April 29 —Stocks— Bid. Ask. Amer Central Life ........rSO . • . Amer Creoeoting Cos pfd...101% luo , Ad Humely Cos com • • • Ad Rumely Cos pfd ■ ■ Belt R R com fig a 80 Is Belt R R pfd 67% ... Cent Ind Power Cos pfd.... 89 91 Cities Service Cos com 41.% i.•. Cities Service Cos pfd 89 ... Citizens Gas Cos com 61’A *>4 Citizens Gas Cos pfd ......log >• • • Commonwealth Ln Cos pfd.. 100 .... Equitable Securities Cos com 61 Hook Drug Cos com 29% .... - Indiana Hotel com loft . . Indiana Hotel pfd 100 .... Indiana Pipe Blue Cos 07 ... Ind Service Corp pfd 101 04 Indianapolis Gas go "•> Tndpls & Northwestern pfd.. 53 '••• Indianapolis St Ry 39 30% Imlpls P & L 0 % pfd .... 9914 100 A Indpls P&L 7s pfd. ...... 95% 97 Tndpls Water Works sec pfd 98 • Interstate P Ser pr lien pfd. 100 102% Merchants Pub Util Cos pfd.loo ... North Ind Pub Service .... 92% 93 Progress Laundry com .... 2.1 * Pub Sav Ins Cos . . 25 t. • • Baugh Fertilizer pfd 49 52 Real Silk Hosiery pfd .... . • 99 T H I & E com S ... T II I & E pfd "1 ... jp H Trac & Light Cos pfd... 90 >.. . ■ nion Tray, of Ind com. .. ... 1 W nion Trad of Ind Ist pfd. ... 10 TTnion Trac of Ind 2nd pfd. . . Z Union Title Cos com ...... 82 92 Van Camo Pack Cos pfd... 8 ... Van Camp Prod Ist pfd . . 90 9< Van Camp Prod 2nd 95 —Bank Stocks— Aetna Trust and Sav C 0... .116 120 Bankers Trust Cos }32 City Trust Cos 140 Continental National 110 Farmers Trust Cos 240 ... Fidelity Trust Cos Ig2 ~.. Fletcher American ....... .170 Fletcher Sav and Trust Cos. .205 ... Indiana National Bank ....205 2<o Indiana Trust Cos 230 200 Livestock Ex Bank 102 172 Marion County Bank ;; 10 Merchants Nat Bank .140 Peoples State Bank ... Security Trust Cos ........276 ... State Savings and Trust.... Bft 93 Union Trust Company..... .415 Wash Bank and Trust Cos.. .162 —Bonds— Belt R R and Stockyards 4s 90 . Broad Ripple 5s 80 •• Central Indiana Gas ss. ... 98 ... Cent Ind Power Cos. 6s 103 ... Chic S B & N Ind 6s 33 37 Citizens Gas Cos 6s 103 106 Citizens St R R 6s 85% 87 Gary St Ry 5s 88 90% Home T and T of Ft W Os. .103 Indiana Hotel 5s 99 ... Indpls Northern 5s 3 ... Ind Ry and Lt 5s . 95 Ind Service Corp 5s 93% .... Hid Union Trac 6s 3 • •• Indpls Col &So Os 98% 100 Indpls Gas Cos 5s 100 i.00% Indpls & Martinsville 55.... 75 ... Indpls Northern 5s ....... ~4 ~7 Indpls & Northwestern 55... 75% 75% Indpls Power & Light Cos. 6s 07 Vi 98 Indpls A S. E. 6s 2 ... Indpls Shelby &S E 55.... 3 .. • Indpls St Ry 4b 04% 05% Indpls Trac and Term 55... 94% 96 Indpls Union Ry 5s ......101 Indpls Water Wks Sec Cos. .100 ... Indpls Water 6Vis 103% '••• Indpls Water 4%s 95% ... indpls Water Ist 6s 99 ... Interstate Pub 98b ....... 102 % .. Interstate Pub S Bs 6Va5..104 ••• THI& E 6s g 7% ... T H Trac and Light 65.... 77 % ... Union Trac of Ina 6s 10 10 . —Liberty Bonds— Bst 3%s 100.90 101.20 i.,1 4 1? g ' 103.00 103.20 :id 4% s . . 1.... 100.20 100.30 3d 4% 8 ! 100.00 100.80 i sTr 4%511.3.30 ns.6o US Tr 3%s 106.30 105.00 1J 8 Tr 4s 108.00 108.24 U 8 Tr 3%s 100.00 100.25 —Sales— SO,OOO Inripjb Northwestern eertif.., 76 Vi fcl.uoo Indpls 3t By 4s 63

Market Steady to 10 Cents Higher—Advance in Calf Prices. • —Hog Price Range— April. Bulk. Top. Receipts. 22. 10.00® 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. 10.00® 10.65 10.75 6,000 27. 10.30® 10.75 10.80 4.500 28. 10.30® 10.75 10.75 6,000 29. 10.00 @10.85 10.90 5.000 Prices on the hog market at* the Union Stockyards were steady to 10 cents higher. This move, although smaller, was in sympathy with the 15 to 25-cent advance at Chicago. Five thousand porkers were tho estimated receipts at the local livestock center and with these 150 holdovers were placed on the market. Most sales were at [email protected], a wider range than the past two days. Today’s top, $10.90, was 15 cents above Thursday’s best price. Hog Price Range A few sorted lights brought $10.90 per hundredweight, but the bulk of the 160-200 pound material was [email protected]. For 200-250 pounds, [email protected] was paid and slo@ 10.40 for 250 pounds up. Pigs went at sll down and packing sows were quoted at [email protected]. Trading in cattle was strong. Beef steers were worth [email protected]; beef cows, [email protected]; low cutters and cutter cows, [email protected]‘0; bulk stock and feeder steers, [email protected]. The run counted 600, More Improvement Other gains were scored in the calf market, which was strong to higher. Best vealers sold at $12.50 and other sorts downward from this price. Receipts approximated 900. Material in the sheep and lamb pens was scarce, with 100 head received for the third consecutive day. A few spring lambs were $23 and ewes were quoted at $8 down. Top fat lambs were $15.25; bulk fat lambs, [email protected]; bulk cull lambs, $8.50@11. —Hogs— Receipts. 5,000: market steady tn higher. 90-130 lbs $10.25® 11.00 130-160 lbs 10.50® 10.85 160-200 Ihs 10.60 @10.85 200-250 lbs 10.35® 10.75 250 lbs. up 10.00 @10.40 *— l Cattle Receipts, 600; market steady to strong. Reef steers $8.60®i1.25 Bulk stock and feeder steers 7.25(3 8.25 Beef cows 6.50(3 8.25 Low cutters and cutter cows. 4.25® 5.50 —Calves— Receipts, 900: market strong to higher. Best vealers $11.50® 12.50 Heavy calves 5.50® 8.50 —Sheep— Receipts, 100: market steady. Top fat lambs $15.25 Bulk fat lambs [email protected] Bulk cull lambs 8.50 @ll.OO Note Sheep quotations established Tuesday. Other Livestock Dll United Press CHICAGO. April 29.—Cattle—Receipts, 2.000: steady to strong market on all classes except bulls, latter weak to 25c lower; hardly enough steers here to make market: pr#tically nothing scaling over I. pounds: few loads medium to good light. $9.25® 10.25: best $11: bidding [email protected] on medium strong weight sausage hulls: light vealers. s9® 10; shippers ami small killers. $11.50® 12.50. Sheep—Receipts. 8.000: lat lambs opening slow, 15 @ 25c higher than Thursday; wooled Colorado lambs, $17.25; double good 90-pound clipped lambs. $14.25; good to choice load medium-weight lambs. sl6; choice medium-weight clipped lambs held around $16.25; few cull clipped lambs, sll.so®i 12.25; slaughter sheep scarce, about steady; package mediumweight ewes, $7.50. Hogs—Reeeipts. 14.000; market uneven. 10® 25c higher; heavyweights, $9.90(310.50: mediumweights. $10.25® 11: lightweights. $9.40 @11; light lights, slC.4O@ll: packing sows, [email protected]; slaughter pigs. $9.75 @ 10.90. Bn United Press CINCINNATI, April 29.—Hogs Receipts. 4.600; holdovers. 873: market 15®! 25c higher: 250 to 350 lbs.. $9.75® 10.60; 200 to 250 lbs., $10.40 @10.85; 160 to 200 lbs.. [email protected]: 130 to 360 lbs.. $10.75® 10.85; 90 to 100 lbs.. $9.75® 10.76: packing sows, [email protected]. Cattle —Receipts. 500; calves, 600- market generally steady: veals 50c up: beef steers, $9 @10.25: light yearling steers and heifers, $8.50@10; beet cows. [email protected]; low cutters ana cutter cows [email protected]; vealers, $7 @11.50: bulk stocker and feeder steers. $8.50 @9. Sheep—Receipts, 200; market steady; top fat lambs. sl6: bulk fat lambs, sl3 @l6: bulk cull lambs. s7® 11! bulk fat ewes, SG@B; bulk spring lambs, sl6 @18.50. Bii Times Special LOUISVILLE, April 29.—Hogs Receipts, 1.000; market 15 @ 60c higher; tops, $10.40. Cattle—Reeeipts, 100; market steady. Calves—Receipts, 200; market steady: good to choice, $8@10; medium to good. s6@B; outs. $6 down. Shop —Receipts. 100; market steady: top lambs. sl3 @l4; springers. $18; seconds. $lO @l2; sheep, $6 @7. Bu United Press EAST BUFFALO, April 29.—Hogs—Receipts. 3,000; holdovers, 196; market 25 @soc higher: 250 to 350 lbs. .$10.35® 11; 200 to 250 lbs., $10.90 @11.75; 160 to 200 lbs., $11.50 @l2; 130 to 160 lbs.. $11.66@12; 90 to 160 lbs., $U.75@12; packing sows, [email protected]. Cattle—Receipts, JSO; calves, $7; market steady; calves 50c up; vealers. $12.60®! 13. Sheep—Receipts, 4.500; market steady; top fat lambs. $16.75 wooled $16.25 clipped; bulk fat lambs, $12@13. Bn United Press CLEVELAND, April 29.—Hogs Receipts. 1,500; market 10 @ 20c up: 250350 lbs., $10.25® 10.60; 200-850 lbs., slo.oo® 11.10: 160-800 lbs.. sll.lo® 11. 130-160 lbs., [email protected]; 90160 lbs.. [email protected]: packing sows, $8.50@9. Cattle—Receipt o , 100; calves, 600: market steady; beef steers, [email protected]; light yearling steers and heifers, s9®) 9.25; beef cows, [email protected]; low cutter and cutter cows. $4.50 @5.50: vealers, $1.50 @13.50. Sheep—Receipts, 1,000; market strong: top fat lams. $16.25; bulk, fat lambs, $15.75® 16.25; bulk mill lambs,' $10.50@12; bulk fat ewes, [email protected]. Bn United Press PITTSBURGH. April 29.—Hogs Receipts. 2.000: market steady to 10c lower: 250 to 350 lbs., $lO @10.76; 200 to 250 lbs.. $10.75@11: 100 to 200 lbs., sll® 11.40: 130 to 160 lbs.. [email protected]; 90 (o 160 lbs.. [email protected]; packing sows, $8 @9. Cattle —Receipts. 30; calves. 800: market steady to 50c up: beef steers. $lO @11.25 quotable: vealers. [email protected]. Sheep—Receipts, 600; market strong to 25c up; wethers $9.25; top fat lambs, $10.25: bulk cull lambs, SS@U; bulk spring lambs, sls @2O. Bn United Press EAST ST. LOUIS. April 29.—Hogs—Receipts, 10.000: market 15@25c higher: 250 to 350 Ihs. $9.85® 10.40; 200 to 250 lbs., $10.20 @10.85: 160 to 200 lbs., [email protected]: 130 to 166 lbs.. $10.35®} 10.85: 90 to 160 lbs. slo@ 10.6 o; packing sow's. $9 @9.25. Cattle—Receipts. 800: market for steers nominal; beef steers, $8.50 @10.50: light yearling steers and heifers, $8 @9.25: beef cows, $3.50® 7.50: low cutters and cutter cows, $4.50 @5.60: vealers, $11.75; heavy calves, $6 @8; bulk stoeker and feeder steers, sß@ 9.15. Sheep—Receipts, 600; no early sales, 20c to 40c up late Thursday: top fat lambs, $15.66; bulk fat lambs, sls® 15.40; bulk cull lambs, [email protected]; bulk fat ewes. [email protected]. Bn Uni fid Press TOLEDO. April 29.—Hogs—Receipts, 500: market. 10® 15c higher; heavies, [email protected]: medium, $10.40 @ 10.65; Yorkers. $10.75@11: good pigs, $10.75® 11. Calves—Receipts. light; market steady. Sheep and lambs—Receipts, light; market steady. Cattle—Receipts, light; market steady.

In the Sugar Market

y (By Thomson & McKinnon) NEW YORK, April 29.—At the close of the raw sugar market yesterday there was scarcely any buying interest above the 3-cent level and comparatively little business was done at any price. Czecho Slovakian and French beet sugar shows a 2 per cent and 3 per cent increase, respectively. over last year, according to present estimates, but these are offset by decreases indicated elsewhere. Further unsettlement in futures seems likely, but I expect pressure to be refliHted and advice purchase on recessions.

New York Stocks ■" 1 '.By Thomson & McKinnon)

v —April 29 Railroads— Prev. High. Low. 2:00. close. Atchison . . 180V* 179% 180% 180 A Coast L 178 176% 177 179% B. & O 117% 116% 116% 117% Can Pae.. 180 ... 180 180% C. & O 166 U 165% 165% 105% C. & N. W. 80% T 4 .1 % 80% 80% C., R. & P.. 98% 96% 98% 97 Del & Hud 204 201 Vi 204 204 Del & Lack 162% ... 182% 161% Erie 52 % 51 % 61 % 61 Erie Ist pfd 66 55 % 56 55 % Gt No pfd; 85% ... 85% 85% Lehigh V 119% K C South. 55 53% 55 55% L. & N. . .135% ... 135 % 135% M K & T.. 44% 43% 44% 43% M Pac pfd 103 101% 102% 102% N Y Cen. .14(5% 145 145% 145% NY NH&H. 49 48 48 % 49 No Pacific. 84Vi 84% 84% 84% Nor & W.. 174 172% 174 174 Perc Marq..Uß% 118% 118% 118% Pennsy ...61% ... 60% 61 Reading ...111% 110% 111% 111% So Railway 121% No 1 , 121 % 123% So Pacific 110% 1111% 110% 111 St Paul. . . 14% ... 13% 14 St Paul pfd 22 % 22% 22% 22% 8 L & S W 73 . 72 72 SL& S F lilts 110% 111% 111% Union Pae 171 170% 170% 170% Wabash .. . 65% ml 1 % 65 65% Wabash pfd 93 % ... 93 % 93 % Rubbers— Aiax 10% 9% 10 10% Fisk 17% . . 17% 17% Goodrich .. 54% .>3% 54% >4% Gdyr pfd ..108 107% 108 106 Kelly-Spg — 22 % 21 % 22 22 U S Rubber 57% 55% 56% 57% Equipments— Am C& F 100 Vi 100 100% 100% Am Loco. 108% 107% 107% 108 Am Stl Fd.'42 . . . 42 42% Bald Loco 184% 181 183% 182 Gen Elcc.. 96% 95 % 96 Vi 96 Lima 71 ... 69 70 % N Y Airb.. 42% ... 42% 43% Pres Stl C.. 62% 60 62 60% Pullman 174 173 174 175 Wstli A B ..149% 146% 149 147% Wsth Elec. . 72 71% 72 71% Steels— Bethlc 49% 48% 49 49% Colo Fuel.. 80% 78 1 j 79% 79% Crucible .. 85% 84 85 85 Gulf St St?. . . 53 Inland Stl. . . . . ... 43 % Ph R C & f 42% 42% 42% 42% Rep Stl.. 4 05 03 63% 63 Sl-Shef ...125 124% 125 125 U S Steel 167% 166 167% 167 Alloy .... 26% ... 26% 26 Vi Vanadium.. 46% ... 46% 47 Motors— Am 80....... ... ... 15 Chandler. ... . ... 23 Chrysler . 43% 42 % 43 43% Ton Mo 11 % 11%. 11% ’Dodge 18% * 17% 18% 18V, Gabriel .. . 36 . . . 36 36 Gen Mo ...188% 185% 188 186% Hudson ... 73 71% 72% 72 Hupp .... 20 Vi 19% 20% 19 Vi Jordan ... ... 18 Mack 110% 108 % 110 Vi 109 Mar Par 7 ■ . ... 19 Moon 8 Vi Nash 01 60% 01 60*. Packard . . . 34 % 34 34 % 34 % Pperless ... 21% 20 20% 22Vs Pierce At; .. 14* a 14 14% 1 + Studebkr .. 52 % 52% 52% 52% Stew War.. 62% 00% 02% 61 % Timken . . 93 90 91 % 89% Willys-Ov. . 20 ... 19% 19% Wh M 0... 47 46% 46% 46% Mining— Am Sm ..110 145 145% 145% Anaconda.. 46" ... 46 46% Cor De Pas 59 % 59 59% 59% Inepir .... 18’i ... 18% 18% bit Nie.. . 66% 55% 56% 56% Kennec. .. . 64% 63% til 63% Tex G & S 60 % 59% 00 Vs 59 , U S 5m...... ... ... 37 % Oils— At Ref 109% 107 % 100% 108% Cal Pete. . 22% 22 22% 22% Freep Tex.. 04 63% 04 62 % Houston . 1 17% 11 1 115 Vi 115% Indpend Oil 18% 18 18% 18% Mat-land Oil 37 30 Vi 37 36% Mid Cn Pet 30 29 30 30 P A Pet B. 58% 50% 57% 57% Pacific Oil. 1% ... 1% 1 % Phillips Pet 4 1% 39% 4! 40% Union Oil. 41 39% 41 40 Pure Oil .. 20% 26% 26% 20% Royal Bteh . . . .. 18% Shell 20% 25% 20*1 "5 % Sinclair ... 17 Ilf 1 ,. ]7 17 Skctly .... 25 Vi 25 25 % 25 % S O of 1 'al 52 ", 51 52 % 51 % S()ofN.l 35 % . . 35 % 35% S Oof NV 30*i . 30 Vi 30 1 V Texas Cos .45 % 45% 45% 45', Vs Trans Pet 4 ... 3% 3% Industrials— Ad Rumely 12% 12 12% Allis dial 102*% 101% 102 103% Allied Clint 138 136% 137-% 137% Armour a. m ... jo 10 Ami-r Can. 40% 43% 46 46% Alf and jj. . . ... . 7a; A II & L pf 51 Vi 51 51 <i 50% Am Saf Raz 50 ... 50 50 % Amer Wool 19’, ... 19% 19% Central L. . 9% . 9% 10", Coca-Cola.. 98% 97 98% 97 Cont Can.. 63 ... 63 63 1 , Certainteed. .. ... . . 46% Day Chm.. 26% ... 26’4 20 U Dupont .. 238 232 % 235 236 F Players .107", 106% 107", 107% Grn Asphalt 75 73 75 7 4 Int C Engr. 51% 50% 51V* 50% Int Paper.. 50", 5(1% 50% 51% Int Harv ..159% 158', 158% 158% May Dp St 71 Vi 70% 71 % 71% Mont Ward 00% (15 % 66 01; Natl Lead. ... . 192% Owen Bottle 77% .. 77% 78 Ratlin .... 42% 41% 42% 42 % Real Silk .. 44 43% 44 45 Rem Type. 44% 44Vs 44% -i4% Sears Roeb. . . ... ... 54 <4 Until Drug 174 173 174 173 Univ Pipe. 31 Vi 38 V 4 31 >■'. 31 TT SC 1 P 224 221 224 ‘ 220 IT S 111 Ale 75 Vi 74 75% 74% Woolworth 139% 137% 138% 138% Utilities— A T and T 162% 101% 102 162 % Am Exprss 130% ... 130 % 130 Am W W. . 82% 80 % 82% 80% Rrklyn Man 65% ... 65% 05% Col G & E. 91 >i 90", 91 90% Cons Gas . 97 96% 97 97 Interboro ... . . ... 431No Am Cos. 48 47Vi 48 47% Peoples Qs 130% ... 136.% 135%. St G and E 56% ... 56% 55% Wn Union.. .. . . 15 o£ Shipping— Am Int Cpn 42 .... 42"% 4X i; Ant Sand C .. . .. ... 4 V Atlan Guif. .. ... . 3317, In M M pfd 40% 39% 40% 39 % Untd Fruit .. ... .... 120™ Foods— Am Sugar. 88 87% 88 88 >4

Local Wagon Wheat

Local gTain elevators are paying $1.21 for No. 2 red wheat. Other grades are purchased on their merits.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Winesaps, $2.85 @ 3; Deliciouß. $4. Extra fancy barrel ap-Ples—-Winhesaps, $5; York Imperials, $4: plesßen Davis. $3.75 @4.50. Fancy barrel apples—Baldwins, $3.75: Ben Davis. $.3,50. Basket apples (40-lb. basket) Romes, $2: Winesaps. $1.75; Wagners. $1.35; Starks, $1.50. Bananas (jobbing price)—4@sc lb. Grapefruit—Fancy. $4.25. Lemons—California, $4.25. „ Oranges—Florida Valencias, $4.50 @ ■>.so crate; California navels, extra fancy, $4.76 @6; fancy. $4.25®6.50. Strawberries—Alabama and Louisiana, $5.50 @0 24-qt. case. VEGETABLES Georgia crate. ' s4@o; Beans —?cxas stringless, $3 @3.50 per hamper. Brussels Sprouts—Fancy California, 30c pound. . Cabbage—New Texas, 3%c lb.; Mississippi, $3.50 crate. Caulillower—Crate, $2.76. Celery—Florida. 3 and 4-doz. orate, $3 @3.76; Mammoth (washed), [email protected] doz. Corn—Texas. $3 bu. Cucumbers —Hothouse. 2 doz. $2.25. Eggplant—Florida, $1.50 @2 doz. Garlic—California. 12%c lb. Kale—H. G., $1.75 bbl. Lettuce—lceberg, crt.. $5; H. G. hothouse. $2.65 15-lb. basket. Mangoes—Florida peppers, fa date; $1.60 peck. Mushrooms—Pennsylvania, 1%. lbs.. $1.25. Onions New Texas, $3: Texas whites, $3.50 crate; H. G. green. 45c doz. Onion Sets—Yellow, per bushel. $2.50; Red) per bushel, $2.76; Whites, per buabel. |4.2t>; Texas Bermudas, per 6,000 plants, Parsley—H. G.. 60c per bunch; southern, 76c doz. Peas—Mississippi, $2.26 hamper. Potatoes—Michigan whites 160 lbs., $3.75; Russet Burbanks,. 150 lbs., $4.60; Red River Ohios. 120 lbs., $3.75; Idaho Russets, 100 lbs.. $3.75; Idaho bakers. 60-708, $4; Triumphs. 100 lbs., $4.75; new Florida, $5.50 @7.60. Radishes—Southern long reds. 25c; hothouse buttons, $1.16. Rhubarb—H. G.. 30c doz. Root vegetables—Turnips, bu. $1.50; parsnips, bu.. $1.26; carrots. California, 6 doz., $3: Louisiana, bu„ $2; Louisiana beets, $2 bu. Seed potatoes—Maine cobblers, 150 lms.. $5; Red River Early Ohios, 120 lbs.. $3.75; Rural New Yorks, 150 lbs., $3.75. Spinach—Texas $1.36 bu. Sweet potatoes—lndiana Jerseys, bu., $2; Nancy Halls, $1.25 per hamper. Seed Sweetr Potatoes—Yellow Jerseys, ok wax

THE INDIANAPOLIS TIMES

A B Sugar. 10 Vi 18% 10 18 V 4 Austin Nich . . ... ... 5 Beech N Pk . . ... ... 51 Calif Pack. 64 ... 64 64 Corn Prods 59 Vi 58 % 59 53 Vi Cuba Cn pf 42 Vi ... 42 42 V* Cuba A Sug 24 ... 24 24 Fleischtnann 53% 63 Vi 53% 63 Jewel Tea. 61 % ... 61 % 01% Nat Biscuit 112 V 4 ... 112V4 112V* Punta Aleg ... ... 41 Postum ... 93% 03% 93% 95 Ward Bk 820 % ... 20 Vi 20 % Tobaccos— Am Sumat. 54% 54 Vi 54% 54 Amer Tob. .. ... ... 127% Am Tab B 125% ... 125% 125% Cons Cigars 70 ... 76 70 Gen Cigars 57% 57% 57% . 67% Liggett ... 98 % 98 % 98 % 98 Lorillard .. 25% 25% 25% 25% R J Rynlds 120 . . . 120 120 Tob Pro B. 08 97 % 98 98 U C Stores 80% 85'* 8(1% t-6% Schulte R S 60*4 ... 50 40% SIMPLICITY MARKS BEVERIDGE RUES (Continued From Page 1) The American, the Indiana and the Indianapolis Bar Associations sent delegations. After the benediction the procession moved out the north aisle. The funeral party moved to Crown Hill cemetery. The casket was lowered into the grave with brief ceremony. Ushers at the church were: Chester A. Jewett, Charles W. Jewett, H. F. Cllppinger, James M. Pearson, James M. Ogden. Homer L. Cook, William T. Young, Willliam P. Evans, J. If. Rhoades and James D. Ely. Mrs. Marshall Field of Chicago and Washington, an aunt of Mrs. Beveridge; Fred G. Bartlett, a cousin, and Hr. and Mrs. Edwin Ryerson, close friends, all of Chicago, were at the service. Myron Eddy, a brother of Mrs. Beveridge, is abroad. Bar Committee Attorney General Arthur L. Gilliom, Albert Baker and Merrill Moores and William A. Pickens, president of the Indiana Bar Association; Will Hays, Sullivan, Ind., and William A. Mclqpry, South Bond, were named on the American Bar Association to attend the funeral. The American Bar Association committee met at the Indianapolis Athletic Club previous to the church service. Honorary Pallbearers Honorary pallbearers: John C. Shaffer of Chicago; George Bramwell Baker of Boston, Mass.; Dr. Edwin W. Ryerson of Chicago, and the following from Indianapolis: Henry W. Bennett, tho Rt. Rev. Francis H. Gavisk, Dr. Charles I*. Emerson, Dr. Carleton B. McCulloch, Charles' N. Williams, Dr. Lafayette Page, Frederic M. Ayres, Judge Charles l-\ Jtcmy, William 11. Coleman, D. Laurence Chambers, Judge Harry O. Chamberlin, William L. Taylor, William M. Rockwood. Alex It. Holliday and Charles F. Collin. A. M. Glosshrcnncr, James W. Noel, James W, Eesler, B. F. Lawrence, Judge Clarence R. .Martin and Larz A. Whitcomb were the active pallbearers. City hali was closed at noon by proclamation of Acting Mayor William O. Busor in respect for Mr. Beveridge.' Many county and Statw offices also were closed. Goverpor Jackson, accompanied by Mrs. Jackson and Adjf. Gen. anil Mrs. William H. Kershner, returned to tho city from Washington, D. C., this* morning for the funeral. He ordered the Statehouso closed at noon. Supreme and Appellate Courts handed down all decisions early and adjourned to honor the dead statesman. Office of Superintendent of Public Instruction Charles Miller was closed throughout (he day. in honor of Benjamin J. Burris, former department head, whose funeral was held at Munch?, Ind., where he was president of Ball Teachers’ College.

Fat Acosta Quits in Paris Flight Hu United Press ■ NEW YORK, April 29.—Sixty pounds of fat today stood between Bert Acosta, veteran airmail pilot, and a chance at lasting fame in a New York to Paris non-stop flight. He lias withdrawn as a candidate for the honor of piloting Vho Bellanca monoplane, Columbia, on its attempt to spun the Atlantic because he weighs sixty pounds more than Clarence Chamberlin, his competitor for pilot. The extra pound j might mean the difference between success and failure in the flight, Acosta pointed out in a, letter to Charles A. Levine, chairman of the board of the Columbia Aircraft Corporation, which owns the plane. His withdrawal definitely determined that Chamberlin and Lloyd Bertaud, navigator, will be in the little plane when It takes off in a few days for Paris.

$50,000 City of Indianapolis 3 y 2% Tax Exempt School Bonds Dated February 1, 1917. Due July 1, 1948. Price: Par aud Interest , The J. F.WTLD &. CO. I : 1 j STATE BANK WLrA S Ij jj || 123 Eatt Market Street, Indianapolis Oldest Bond House in Indiana

HEAVY COVERING BY SHORTS KEEPS DELIVERY STRONG Buying Sufficient to Widen May Spread—No Basis for Corn Opinions. Bu United Press CHICAGO, April 29.—Heavy covering by shorts In May wheat the last few days has kept that delivery strong, their buying being of sufficient volume to widen the spread from 2 % to 5c for the May. Opening quotations 01 the Chicago Board of Trade today were %c to%c higher than yesterday's close. Liverpool came about as expected and there was no material change in weather conditions over the belt. The trade is rather bullish on the large export business. The corn situation apparently has not been clarified by recent heavy buying of May against sales of July. There Is still nothing definite on which to base opinion as to probable volume of deliveries, or their disposition afterwards. Prices opened unchanged to V*c higher than the previous close. Oats opened unchanged to lie lower than Thursday's close. If recent reports are true, exporters have taken more oats this week than were cleared the past four months. Provisions opened higher. Chicago Grain Table —April 29 WHEAT*— Frev. High. Low. 12 60 elose. May 1.36 % 1.35 1 a 1.36 ’ * 1.35 July ".1.31 1 . 1.30% 130% 1.30 September . . 1.29 % 1.29 I * 1.29 %1 29 CORN— May 72 .71% .71% .71 July 77% .77% .77 % .77 September .82 .81** ,BL% .81-% OATS— May .45% .44% .45 .44% July 4;>% .45% .45% .45% September .. .45’* .45 .45% .45% RYE— May 1.07% 1 05 1 06% 1.04% July 1.03% 103", 1.04% 1.03 % September .. .98'.1 .97% .97% .97 LARD— May 12.40 12.35 12.37 12.32 July 12.62 12 57 12 60 12.55 September ..12.85 .... 12.80 1~-*J RIBS— May 14 .00 14.00 14.00 July .... 13.(5 Bn Times Spreinl , . CHICAGO. April 29. —Carlols: Wheat. 28; corn. 79: oatf*. 08: rye. 2. Bn Times Special CHICAGO. April 29—Primary receipt o : Wheat. 578.000. against 015.000: eorn, 439 000 against 570.000: oats. .39.>.000. against 433(100 Shipments: Wheal. 475 000. against 394.000; corn. 295.000. against 363.000; oats. 603.000. against 594,000. Bn United Press TOLEDO. April 29.—Close: Wheat— No *’ 81.30® 1 .37. Corn —No. 3. 70% in 77 %e. live —No. 2. 81.09. Oats—No. 3 48%@49%e. Clover—Cash domestic. 826 60; cash imported. 810.75: Oetnlw-r. $16.45. Timothy—Cash new. $2.70; April, $2.70: Max. 82.70. Alsike—Cash. $24. Butter —50® 53c. Eggs—22® 21c. Hay—*2s.

Produce Markets

Butter Iholezalo price)—Creamery, best grade, a pound. 47@48c. Butb rfnt —Local dealers pay. 40® 4. c Etrxs—Strictly fresh delivered at lndianapoliH. 20® 21c doz. Poultrv (buying prices) Hens, large breed. 22® 23c; leghorns. 19@20e; roosters. 12 @ 13c: 1927 broilers. 1 % lbs. up 30W-Tse: Leghorn broilers. 2i>® 18c: ducks. 18®,20c: geese, 10® 12c; turkeys, young. 30c old. 25c: guineas. 3oc. Bu United Press CLEVELAND. April 29. —Butter—Extras, 44c in tub lots; standards, 44c. F.ggs —Extras, 20%e: extra firsts. 20%c: firsu. 23@ 23 %e: ordinary, 22c. Poultry—Mediu mfowls. 20® 30c; heavy fowls. 30® 31c: Leghorn fowls. 25 W. 27e: heavy broilers. 45®:48e: leghorn broilers. 39® 42c: stags. 22n25e: cooks. 17@18c. Po-tatoes-Round whites. 150-pound sacks. Maine, $4.25: Michigan. $3.75® 3.85; New York, [email protected]: Idaho russet bakers. 120-pound (jacks, $4.50; Florida barrels. No. I. $7. Bn United Press ' CHICAGO, April 29.—Produce- Butler —Rc-cipts. 11.53 J: creamery. 41® 42c; standards, 43c: firsts. 38@30%c; seconds, 35 @ 37c; extra. 43c. Eggs—Reeeipts. 35.481: ordinaries. 30@21%e; firsts. 23 ® 23%c: seconds 20%c: extras. 26'i® 20%c- Cheese—Tw ins, 22 %c: Americas. 23 % @23%c. Poultry—Receipts. 2 ears: fowls, heavy. 25c: ducks, 30e, spring ducks, 35c: geese. 17® 18c: turks. No. 1. 30c: roosters. _lsc. Potatoes—Receipts, arrivals, old 65 cas, new 24: on track, old 125. new 53: in transit. 810. Wisconsin sacked round whites $2.05M2.85. mostly $2.75@:2.85; Idaho sacked russets, mostly around 54: Texas sacked bliss Triumphs. $3.75® 4.25, mostly [email protected]; sweet potatoes. sl®2.

In the Cotton Market

(By Thomson & McKinnon ) NEW YORK. April 20.—The crest of the Hood has not reached the Louisiana points which are giving the authorities most anxiety. Tl. -re is so much new buying this week and some reaction may come today or tomorrow if the levees hold. Should it occur, don’t take it as indicative nf any real change in the market, but buy cotton on the break. Stockholders Called Bu United Press NEW YORK. April 29.—Stockholders of the American Light and Traction Company were called today to meet June 2 to approve the declaration of a 50 per cent dividend, payable in the company’s common stock June 20 to holders of stock of record May 20. John Greenwood, a Continental trooper, supplied George Washington with a full set of teeth carved from a hippopotamus tusk.

ANSWERS RADIO CRITIC David Sarnoff Takes 11. G. Wells to Task for Recent Attack. Bn United Press SYRACUSE, N. Y., April 29.—A vigorous defense of radio broadcasting in answer to recently published views of H. G. Wells, British writer and publicist, was said by David

fwir' our scores, to the amount of SI.OO or more, we One Dozen, First Size Everitt’s Choice ~ \ I'jU} Mixed Gladiolus Bulbs, Value — JrJjf This offer will be good at both stores until May 6th. j ImiW If to be mailed with a SI.OO order or more, add 15c. Ls . jLjffiy- 1 -*•cruliy , (Always Plant the Bulbs sto S'/z inches Deep). Named Gladiolus Bulb Sale *"£• “ W \' j jUftyi 4 j A-I op per dozen values. Dream, Gretchen Zang, Gold, Vro • j tjl.Zj Love’s Fire and Pink Wonder. Catalogue n p price $1.25 dozen. This sale • DC v,jlij'.* J 1 AA per dozen values. Alice Tip Lady, Anna Eberiue, IwVut *jjfc*h pI*UU Baron J. Hulot, Chateau Theirry, Crimson Glow |& and Loveliness. Regular price $1.25. Sale price, twlnn CA P er d° zen vf ilues. America, Chicago White, Mrs. i JvC Frances King,*Mrs. Frank Pendleton and Schwaben. llKtln * wTV* y* Jww* J / atal °S Price, 50c per dozen. This sale, 35c I till t If you want to purchase larger lots, where priced 35c a iUllillllfetii■ '* Ji&tiHir dozen: 25 for 63<*, 50 for $1.25, per }OO $2.23. - Where priced 65c a dozen: 25 for $1.20, 50 l'or $2.00, per ' "’ here P rioe <l 75c a dozen: 25 for $1.30. 50 for $2.25, per U A /K/ Fine Mixed Gladiolus, First Size, 50 for SI.OO W' 4 \l f| • iy f\i/ Gladiolus Succeed for Everybody. Plant Them by the Hundreds. Another Great Y,] Rose Sale(§i|ff|y^ If you missed our former sale, or if you were not ?j ' fitUY : ready to buy then, you should not miss this one. It will probably be the last one that you have as many ids AXOELI I' ll'llllis Al 1.1 BTA VICTORIA CLIMBERS AND RAMBLERS JK L VaN FxK T FMilv n GR4Y HYBRED PERPETUALS AMERICAN IIKAI'TV CRIMSON RAMBLER * R U KARL DRI Kt’HKI >rYKO N " K VMM '* PRIC t ES ALL ROSES $1.20 GOLDEN ROSE of CHINA ah. ■ I SS Makt-s a drooping bush, like t well-grown Bridal Wreath Splrea, 6 feet f high and as wide across, that is covered with bright yellow roses, similar :lu|nWißcT%l%agßU*pa', to hollyhock blossoms, borne in long sprays of ropes. Besides the roses, ■ 2JT. the bush is'handsome nil the year through. Plant at (he corner of your i TaUßridal HEttff/'t • porch, anywhere on (he lawn or makes a stunning hedge. Special Price, ' ... one. 80<i; 3 for per doxen, $7.00. PERRENIALS Were 25c; 5 for $1; Dozen, $2. Special, 15c; Dozen $1.50 LOOK OVER OCR VERY COMPLETE LIST VIUMsVsTMgMIMS ! Ilflxi-V.M 1 MS rolorß GYI’SOPHEUA FYRFTHRUM CHR> SANTHr.MI MS | lIIANTIU S IItiI.LYHOOIiS —Four Colors DIGITALIS POPPIES Rl DBKt'KIA (Golden Glow) COREOPSIS I GAII.LAROIA , PHLOX—Four Colors SHASTA DAISY HLUHIIING lIKAHT—Strong clumps (•., HLI HOT POKER (Triln. iinvh. 5 for l: , o/c OORGKOIS lI4HDY Hl.MTi.i4s Clinch. jfiPcVvj Choice Pin”",’ CLIMBERS—Note Big Reduction in Price AMPEI.OPSIS VEITCHII op I CLEMATIS, JACKMANII— ro MATKHJIIMf VINE— of Was 50c Speeiul, ODC ! Blue, was 75c Special, DllC Was 3.ic Special, IDC HI TfH MAN'S PH'K— If CHINESE WISTERIA— A f*| (ORAL lIONE YSLCK I.E— Jft Mas SI.OO Special. IoC -\v.-\s (He Special 4UC "ns (die., Special, *IUC EVERGREEN HITTEHSWKET— 'j '' ' „ _ TRUMPET VINE— no Said to be the best viue in 7c > HONE! SICKLE—IIaII s Was 50c Special dUC the world /DC Japan; was 50e.... Special, JfL gia N t FJLOULKLD MARVEL CLEMATIS, PA NIC PLATA— fa j KIDZV VINE— >IA . MALI.O’.V— on White; was,7sc Special, DUC ! Was 35c Special. DuC Was 30c ..Special, FRUIT TREES HARDY SHRUBS APPLE. PEACH and PLU' tr\ Regular Prices. 50c to 73r. SPECIAL riilCE now, nr Were 75e. Special TllC except ns noted CHERRV and PEAK— r fl ALTHEA IION F.VSfCIvLE Were SI.OO. Special DUC HVOKANGEAs. .-,00 SAPA PLUM (New)— A O 11/j* SNOWBALL, r.Or Al _ , , dlle IKK.WOOD PHILADEI PIU S Privet or Hedge SPIREA j Shrubs VAN HOUTTEI. A great ape- ■ nr icnnvi a a c- ,1 cialty of ours. You can soon see CALIFORNIA—A fine all-pur- this’ wonderful sln-ub blooming pose hedge, can be trimmed to in a mantle of white, all over the :^v any desired shape and attract- city. )Ve have sold it to thou- x’si ive forms. sands ( of Indiana home owners, 1- Ho/ ?%.* 1(10 Aik creases. Every body" admires "St S 1 l iar, noz., *• >t , IUU, when in bloom and it is attrac- V'Yt A .w‘ 2- doz., $1.25; 100, $0.50 tlve the whole summer through. 1 Heavy Plants, Each, *|Oci dozen, A MOOR RIVER NORTH—Has *3545. IP all the qualities of the Califor- Each, 40ci dozen, 1- doz., $1.25; 100, $8.50 blooming® Splrea Van 2- doz., $1.75; 100. sl2 priced " ntwr * at moderato ‘ "Z"!. X FRENCH PUSSY WILLOW TREE. Get one or more for the children. Vh~r*~ Price was 60c. Special " BERMUDA ONION PLANTS— <£l CA ONION SETS—Sound and deanrcr 100, 20c; per 1,000 J-.tJU per pound, 10c; three pounds rITTcITj " Quick. CRowiMft” w"®® "i n b nT 4^ n, ~ s, ci al in r ree oeed 4 * lll * anew mixture thla year thnt r* 4 • will stand tn real hravv shade I minor) . eon ‘ ,un! ' Imported grass reed. Special fl-| rtr X - vUUIA/11 lor one week. Lb.. sc; 3 lbs Jhl./I) S&BStfX Hi —x (7\ JY, * White Dutch Clover—Pound...' ” , ;0 ,. A dozen mixture of the -lue Grass—Pound ■■■■.. .5 oS 'Lid' cut flowers, includes Stocks, fcN C) ADV /4IJI Al ■ySwMSES&SijbI ■ U Mign o. n e tt. Chrysanthe- MX\ K V ff, MbS mums, Poppy, 1 W I 2 Wtf \ W Q liberal package given free to Y" booking <u@ers for May delivery st n , l'jiif-tWsf' ■- ah who can plant them and op heavies, and slo for will bring this coupon. You SBSBsvA. us have your order ahead, starting fy ffiSl will not be under any ohli- feed given with chicks, * crifv* bnnsr tlle cou ? on U you can B 4 PDRCC wiyrp I>lant th * BCOd ~ Times ’ UnflrL aiSlLw — J Bl and'''Adjps. 1 ** ' N T : W^arinths ALL OFFERS GOOD ONE WEEK—UNTIL MAY 6-UNLESS SOLD OUT MAIL ORDERS F ° r Parcel P ° Bt and Packin? Add 20c for F 't Dollar. 10c for Each Additional. Mention Paper. Catalog Free. ashmgton 7, r „t I I n ,.„l- <01" 1 LI ncoln 49dd

Sarnoff, vice president and general manager of the Redio Corporation of America, in an address Thursday before students and faculty of the Syracuse University. "It is difficult to understand how a brilliant mind that could foresee so many modern inventions could have reached such extraordinary conclusions about radio,” Sarnoff

PAGE 25

said, replying to Wells’ characterization of radio as "an inferior substitute for better systems of tranamitting news or evoking sound." The eyes of a frog when exposed to the light of a candle, generate an electric current that can be measured by a galvanometer.