Indianapolis Times, Volume 38, Number 333, Indianapolis, Marion County, 2 May 1927 — Page 11

MAY 2, 1927

HOG TRADE OFFSETS RECENT GAINS

PVY TONE HITS TO LIST IN MORNING TRADING Mississippi Flood Causes Large Selling Orders From Interior.

Average Stock Prices

Average oi twenty industrials Saturday tu 184.31. off .4.'!. Average of twenty rails was 131.05 up .31. Average ot forty bonds was 07.33. up .01. Bu United Press NEW YORK, May 2.—Failure of flood conditions to lose their menacing aspect over the week-end brought large selling orders from interior points at the start of the new week on the Stock Exchange. These offerings imparted a heavy tone to the general list in early dealings and

$200,000 for Seat Latest Record . Bu United Press NEW YORK, May 2.—A ■fourth new record within a B'eek for sale of a seat on the New York Stock Exchange was transferred for $200,000. The name of the purchaser or the previous holder was not disclosed.

prices of active issues were generally lower. Baldwin declined I*4 points to 18214, Mack Truck a point to 109, Steel *4 to 165% and General Motors % to 189%. A drive on the general list which took place in the late morning was stopped and the whole developed a better tone under the leadership of General Motors, which quickly rebounded two points from its low of 188%. Buying of General Motors was stimulated by the announcement that the finance committee would consider an extra dividend of $2 a share at the meeting this afternoon.

Banks and Exchange

TNMANATOLIS STATFMF.NT Local bank clearings were $4,521,000; debits. $6,835,000. NEW YORK STATEMENT Bn United Press NEW YORK. May 3. —Clearings, $877.000,000: balances. $117,000,000. FOREIGN EXCHANGE Press YORK May —Foreign cxi-haitgc nWeil irregular; Demand sterling. $4.85%; francs. 3.01 c: lire. 5.11 .'Ac, off .16*, 4c: belga. 13.89%c: marks. 33.09 c.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Bor apples—Winesapg, $2 Ss© 3: Delicious. $4. Extra fancy Parrel apples—Winhesaps. $3: "York Imperials. $4: Ben Davis. $.3.75 @4.30. Fancy barrel apples—Baldwins. $3.75: Ben Davie. *3.50. Basket apples (40-lb. basket) Romes. $3: Winesaps. $1.75: Wagners. *1.35: Starks. $1.50. lw Bananas (jobbing price)—4@sc lb. Grapefruit—Fancy. $4.35. Lemons —California. $4.25. Oranges—Florida Valencias, s4.>o@j $.50 orate; California navels, extra fancy. *5.50@0: fancy. $5. Strawberries—Alabama and Louisiana, $5.35®5.50 21-qt. case. VEGETABLES Asparagus—California, s6®. 8 orate. Beans—Texas stringless. $4.25 per hamper. Brussels Sprouts—Fancy California. 30c pound. Cabbage—New Texas, 3%c lb.: Mississippi, $3.50 orate. Cauliflower —Crate, $2.75. Celery—Florida. 3 and 4-doz. orate $3 ft 3.75; Mammoth (washed l, $1441.25 dor. Corn—Texas. $3 bu. Cucumbers— Hothouse, 2 coz. $2.25. Eggplant—Florida. $1,507( 2 doz. Garlic—California. 12 tic lb. Kale—H. 0., $1.75 bbl. Lettuce—?eeherg. ort.. S5: H. G. hothouso. $1.85: 15-lb. basket. Mangoes—Florida peppers. S5 c*atc: *1.50 peek. Mushrooms—Pennsylvania. 1 % lbs.. *1.35. Onions New Texas. $3: Texas whites, $3.50 crate: H. G. green. 45c doz. Parsley—H. G.. 60c per bunch; southern. 75c doz. Peas—Mississippi. $2.00 hamper. Potatoes— Michigan whiles 150 Ihs.. *4.25: Russet Burbanks, 150 lbs.. $4.50: Red River Ohios. 120 lbs., $4: Idaho greets. 100 lbs., $3.75: Idaho bakers, —Southern long reds. 25c; hothouse buttons. $1.15. Rhubarb—H. G.. 30c doz. ' Root vegetables—Turnips, bu. $1.o0: parsnips, bu., $1.25: carrots. California, 5 doz.. $2: Louisiana, bu.. $3; Louisiana beets. $2 bu. Seed potatoes—Maine cobblers, l.>o Ims.. $5: Red River Early Ohios, 120 lbs,. *3.75: Rural New Yorks. 150 lbs.. $3.75. Spinach—Texas. $1.75 bu. Sweet potatoes—lndiana .Tersevß, bu.. *2; Nancy Halls, $1.35 per hamper. Seed Sweet Potatoes—Yellow Jervoys. per bu.. $1.60. Tomatoes—Six-basket crt.. Sufi'S.

In the Sugar Market

(B.v Thomson & McKinnon) NEW YORK. May 2.—The effects of the financial difficulties in the Far East upon Ihe sugar markets have evidently been of greater consequence than was at first supposed. Offerings of Javas have persisted at London and foreign demand for Cubas. which earlier in the season gave promise of developing satisfactorily has been curtailed. Until this foreign competition eases and weather conditions in the United States improves our futures market is liketv to encounter freqeutn interruptions to trie forward tendency which recently lias been indicated. Purchases on each minor setback, however, are warranted.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. May 3.—Cotton wilt be an interesting study for anybody this month. Floods, delayed start, heavy exports, reduced acreage and boll weevil will all bring part of the trade and the speculative public into the market. The thread depended upon to lead us through the maze is the weather, and with it the average rainfall for the month. Watch the news. The forecast wo g:ive you. and all the iniormalion you can get on the mtbjeot. Votes Dividends ft ii I'll it id Press CHICAGO, May 2.—The board of directors of the Standard Oil Company of Indiana today voted a cash dividend of 62 Vi cents and an extra cash dividend of 25 cents on all shares of capital stock. The dividends are to be paid on June 15 to stockholders of record May 16.

Cattle and Calf Markets Steady—Sheep, Lambs Still Nominal. * —Hog Trice Range— April. Bulk. Top. Receipts. 25. 10.85® 10.85 11.00 4,000 20. 10.00 @10.05 10.75 6,000 27. 10.30® 10.75 10.80 4.500 28. 10.30 hi' 10.75 10.75 0.000 39. 10 00010.85 10.90 5.000 30. 10.40((lll.00 11.00 3,000 May 2. [email protected] 11.00 4,000 Saturday’s advance on the local hog market was practically offset today by trading unevenly steady to 15 cents lower on the hundredweight. This tendency was in sympathy with conditions at Chicago, where the market was 10 to 15 cents lower. New receipts at the Indianapolis stockyards estimated 4,000 porkers, with 150 held over from the weekend. The bulk of these sold at slo@ 10.95, the top being sll. Hog Price Range Meat animals weighing 160-200 pounds went at $10.60@11; 200-250 pounds, [email protected]; 250 pounds up, $10(g)10,45. Pigs were sll down and packing sows, [email protected]. Cattle started the week with a run of 1,200, offered on a steady market. (Beef steers sold at [email protected]; beef cows, $6.50(38.25; low cutters" and cutter cows. $4.25(715.50; bulk stock and feeder steers, [email protected]. Unchanged Calves were unchanged, good and choice vealers selling at sl2 down. The run counted 700. With only 100 sheep and lambs received no actual test of the' market’s strength was made. In general this condition has existed for a week. The last quotable market was established last Tuesday, each day since then the runs being 100 or less. At that time quotations were: Top fat lambs. $15.25; bulk fat lambs, [email protected]; bulk cull lambs, $8.50311. —Hoes— Receipts. 4.000; market steady to lower. 90-130 lbs $10.25® 11.00 130-100 lbs. ...I r 0.50011.00 100-200 lbs 10.00 @ll.OO 200-250 lbs [email protected] 250 lbs. up 10.00 @10.45 —Cattle— Receipts, 1,200: market steady. Beef steers $9.50010.75 Bulk stock and feeder steers 7.25® 8.25 Beef cows . 6.50® 8.25 Low cutters and cutter cows. 4.25® 5.50 —Calves— Receipts, 700; market steady. . Best vealers sll .00 @l2 00 Heavy calves 0.50@ 8.50 —Sheen — Receipts. 100: market quotabl ysteady. Top fat lambs $15.25 Bulk fat lambs 13.00015.25 Bulk cull lambs 8.500)11.00 Note Sheep quotations established Tuesday.

Other Livestock Bu United Press CHICAGO. May 2.—Cattle—Receipts. 17,000: fed steers and fat she-stock steady to 25e higher: weighty steers and desirable yearling heifers showing most advance; Stockers and feeders sharing upturn. supply very scarce; bulls and vealers mostly steady: choice weighty steers. $13.90, bulk $8.75012: most weighty bullocks. $11.50® 13: medium bulls. $6.75 downward: light vealers. s9® 10; outsiders up to sl3. Sheep—Receipts. 15.000: market opening very slow, generally strong to 250 higher than Friday: double medium to pood California spring: lambs around 70 pounds, $17.25: desirable wooled lambs eligible $16.75(g 17.25: good to choice Colorados held around $17.50: bulk desirable clipped lambs. $15.75,010.25; , asking up to $16.50 for best offering; few good clipppd ewes around SB. Hogs—Receipts, 40.000; market, mostly 10015 c lower: heavyweights. $9.75® 10.45: me-dlurn-weights. $10.15 @10.85; lightweights, $10.25 @10.90; light, lights. $10.25® 10.00: packinc sows. $8.6009.35; slaughter pigs, $9.600 10.75. Bn r„ltnd f’ress CINCINNATI. May 2.—Hogs—Receipts. 8.000: holdovers. 1.220: market generally 25c lower: 250-350 lbs.. $9.50010.26; 200-250 lbs.. $10.15 010.60; 100-800 lbs.. $10.500 10.00; 130-100 lbs.. $10.50® 10.60: 90100 lbs.. $9.50010.60: packing sows. 8.50@p. Cattle—Receipts. 1.000: calves. 800: market. bulls 25c lower, others steady: beet steers. $9 0)10.50: light yearling steers and heifers, $8.500 10.50; beef cows. $6 0 7.25; low cutter and cutter cows, [email protected]; vealers. S7O 11; bulk stock and feeder steers. $8.50 @9. Sheep —Receipts. 200 market, spring lambs, 50c up, others steady: top fat lambs. sls; bulk fat lambs, sl3®, 15; bulk eul lambs. s7@ll: bulk fat ewes, s6@B; bulk spring lambs, $lO 019. Bn Times Rnreial LOUISVILLE, May 2.—Hogs—Receipts, 2.500: market 15c lower: tops. $10.25. tattle—Receipts. 1.300; market steady. Calves —Receipts. 700; market steady; good to choice. $8 010: medium to good. $00.8: outs. $0 flown. Sheep—Receipts, 600; market steady: top lambs, $13014; springers sl7; seconds, $lO 013: sheep. $6 @B, Bu United Press EAST BUFFALO. May 2.—Hogs—Receipts, 10,000; holdovers. 09; market. 10 ® 1 f,i■ lower; 250-350, lbs., $10.25011; 300-250 lbs.. $10.85® il .40: 100-200 lbs., $10.25011.60: 130-160 lbs.. $11.50®: 11.75; 90-160 lbs.. $11.65® 12: packing sows, $909.25. Cattle—Receipts, 1.7.50: calves. 2.30: market strong to 25c higher; bes steers, $9.50ffl 11.85; light yearling steers and heifers. $6.25 0 7.50: beef cows, s4®o; vealers. $13.500 13. Sheep —Receipts. 9,000; market strong to lor: up: top fat lambs, $17.50, wooled; $18,25 0 16.35, clipped: bulk fat lambs. sll® 12.50; bulk cull lambs. [email protected]. Bn United Press CLEVELAND, May 2. —Hogs—Receipts. 500; market steady to 15c up: 250 to 350 lbs., $10.25010.75; 200 to 250 lbs., $ 10.75 @ 11.10; 100 to 300 lbs.. sll.lo® 11.40: 130 to 160 lbs.. $11.25® 11.40: 130 to 100 lbs.. $11.250 11.40: 90 to 100 lbs., $11.85011.40: packing nows, $8.75 @9.25. Cattle—Receipts. 1.100: calves. 1 200; market steady to 25c higher; beef steers, $9.25 ® 10.25: light yearling steers and heifers. $9.50 @10: beef cows. $0.50 @7.75: low cutters and cutter cows, $4.50 @5.50; vealers, sll @12.60. Sheep—Receipts, 2,300: market, slow, steady: top fat. lambs. $10.25: bulk fat lambs, $15.50 0 10: bulk cull lambs, $10.50@12; bulk fat ewes, [email protected]. Bu United, Press PITTSBURGH. May 2.—Hogs—Receipts, 7.000: market active: 250 to 350 lbs., $10,25 0:10.75: 200 to 250 lbs.. $10.75® U: 100 to 300 lbs., sll 01 1.40; 130 to JOO lbs.. $11,350 11.40; packing sows. $8 @9. Cattle.—Receipts, 1.200 % calves. I. market steady; beef steers, slo® 11. light, yearling steers and heifers. sß@9; beef cows, S7O 8.35: low cutters and cutter cows. $105: vealers, $130! 12.50; heavy calves. S6O 10. Sheep—Reeipts, 4,000: market active and strong; top fat lambs. $10.35® 10.50; bulk cull lambs, sS@ll; bulk spring lambs, sls @32. Bu United Press EAST ST. LOUIS. May 2.—Hogs—Receipts, 17,500: market, mostly, 15® 25c lower; 250 to 350 lbs.. $9.85010.30; 200 to 250 lbs.. $10010.30; 100 to 200 lbs.. $10.30010.05: 130 to 100 lbs.. slo® 10.05: 90 to 100 lbs., $9,750 10.40; packing sows, $8,750 9.15. Cattle—Receipts, 4.509: market, steers steady: beef steers. $8.75® 10.76: light yearling steers and heifers, [email protected]: beef cows, $6.50®7.50; low cutter and cutter cows. $4.250 5.50: vealers, $11.50; heavy calves. [email protected]; bulk stock and feeder steers. 88 ® 9. Sheen —Receipts, 1.000; market, no sales: ton fat lambs, $15.85: bulk fat lambs, $15.25 @ls 00; bulk cull lambs, [email protected]: bulk fat ewes. $7 0 7.50. Bn Uni led ]‘ress TOLEDO. May 2.—Hog-—Receipts. 000; market, steady: heavies. $9.75 @10.25: medium, $lO 250 10.00; Yorkers. $10.26 @10.60: good pigs, $10.730 11.25. Calves —Receipts. 200; market, slow. 50c lower. Sheep and lamb—Receipts, light; market, steady. Cattle—Receipts. 200: market, steady. Sterilization Upheld Bu United Press WASHINGTON, May 2—CaVrie Buck. 20, with a mental age of 9 years, according to scientists, will be sterilized by Virginia authorities under a United States Supreme Court decision today. The cout;t held constitutional Virginia's eugenics law authorizing sterilization to prevent procreation of feeble-minded on an appeal by Carrie's guardian from State court decisions. This was the first decision by this court on such A statute*.

New York Stocks *' ‘By Thomson & McKinnon)

Railroads— Prev. High. Low. Close. close. Atchison ..181 ... 179% 180% At Coast L. 178 ... 178 178% B A O ... 118 117% 117% 117% Can Pacific. 180 . . 180 180% C& O ...167 105% 167 100% C & li W 80% 80 80% 80% C R & P... 99 Vi 98% 99% 99% Del & Hud.2o4 . . 204 204 Del & Lack. 103% 163 163% 163 V. Erie 51% ... 51% 51% Erie Ist pfd 56 % 56 56% 55% Gt No pld. SO ... 85 % mt Lehigh Val. . . ... ... 120 K C South. 56% 55% 56 55 % L & N ...137 Vi ... 137% 138% M K & T 45% 43% 45 45% Mo Pae pfd.lo4 102% 104 104 N Y Cen .1-1.5% 145% 145% 145% N Y NH&H 48% 47% 48 % 48% No Pacific. 84% ... 84% 84% Nor &VV . . 176% ... 175 175% Perc Mvrq.... ... ... 118 Pennsy .... 61 % . . . 00 % 01 Vi Reading ...111% 110% ill 111% South Ry. .123% 122 123 -123% South Pae .111% 110% 111% 111 St Paul.. 14% 14% 14% 14 Vi St Paul pfd 33% 32% 23% 22% St L & S W . 74 St L & S F. 112 ... 112 111 % Union Pac .171 . 170% 171% "abash ... 04% 63% 04 04% Wabash pfd 93% ... 93% 93% Rubbers— Aiax 10 % ... 10 10 Fisk 17 % . . 17 % 17 % Goodrich .. 65% 54 % 56% 35 Goody pfd .108% ... 108 109% Kelly-Spe.. . 22% 22 22% 22% U S Rubber 57 56 56 % 56% Equipments— Am C & F.100% ... 100% 100% Am Loco .108 ... 108 108 Am Stl Fd 42Vi ... 42Vi 42 Bald Loco 183% Gen Elec.. 96% 95 95% 95% Lima 72% ... 72% 71 NYA Bk 42% . . 42% % 42 Pr Stl Car 62 61% 6l % 62% Pullman ...174% ... 174 174 Wsth A 8.. 148148 148 Vi 147% Wsth Elec. 71% ... 71% 71% Steels— Bethle .... 49 48% 49 48% Colo Fuel. 80 % 78% 80 79 Crucible ... 83% 83% 83% 84 Gulf St Stl 52% Inland Stl ... ... ... 42 % P R C & 1.. 43% 42% 43% 42% Rep Stl... 64 ... 64 04 V* Sl-Sheff 126 U S Steel. 106 % 164% 160 105% Alloy 27 ... 37 27 Vanadium.. 47 ... 47 47% Motors— Amer 80. 15% 15% 15% 15% Chandler . . 23 ... 22% 23 Chrysler .. 43 % 42% 43% 43% Con M 0... 11% 11% 11 % 11% Dodge ... 19% 18% 19 19 Gabriel . . 37 30% 37 36Vi Gen Mot.. 192 188% 192 190 Hudson ... 74 72% 73% 73% Hupp .... 20 19% 20 20 Jordan 18 17% 17 % 18% Mack ... 111% 109 111 110 Mar Par ... . 19 Moon .... BVi ... 8 % 8 * Nash 00% 60% 60% Packard ... 34% 34 34% 34 Peerless . . 23 22 % 23 23 Pierce Ar.. 15% 14% 15% 15 Studbkr. ... 53 > * 52 % 53 % 52 % Stew War.. 62% 61% 62 62 Timken ... 91 % 90% 91 90 Willys-Over. 19% ... 19% 20 White Mo.. 46%. 46 46% 40% Mining— Am Smelt 147% 145% 111%. 145% Anaconda . 45% ... 45% 45% ■Cer De Pas 60% 60% 0% 60% Inspir .... 18 % ... 18 V 4 18% Int Nick... 56% 56% 5b 56 Kennee 63% 63% 03% 03% Tex G & S.. 61% 59% 61% 60% U S Smelt 37 Vs OUs— At Ref. .. 108% ... 107% 145% Cal Pete... 24% 24% 24% 23% Frep Tex.. 05% 63% 65 63% Houston ..117% 110% 116 Vi 118 Indpen Oil. 19 18% 19 18% Marl and Oil 36% 30% 30% 36% Mid Con Pet 29% 29% 29% 29 % P-A Pete B. 57% ... 57V* 57% Pacific Oi! 1% Phillips Pet 41% 40% 41 41% Union Oil.. 42% ... 42% 41% Pure Oil .. 20% ... 26% 26% Royal Dtch 48% ... 48Vi 49 Shell 27 ... 27 20% Sinclair ... 16% 16% 1.6% 16% Skdly .... OS”, . . 25% 25 Vi 8 O of Cal. 53 % 52 % 53 52 % S O gif N J 35% .. . 35% 36% S O of N Y 30% 30 30% 30% Texas Cos . 45% 45% 45% 45% Trans Pet. . 3 % 3 % 3 % 3 % Industrials— Ad Rusiely. 12 12 12 12% Allis dial 103% 103 103% 103% Allied Chm 137% 137 137% 137% Armour A. 0% . 0% 10 Amer Can. . 47 Is 46 Vi 46% 47% A H and L 7% A H & L pf 51 Am Saf Raz . ... 48% Amer Wool 19% ... 19% 19% Central L. . . . ... ... 10 Coca Cola . 100% 09 100 % 99% Cont Can.. 64% ... 04 64 Certainteed... ... ... 47 Vs Davis Chm. 27 ... 26% 27 Dunont .. 239% ... 238% 240% F Players .108 . 108 108% Gen Asphalt 74% 73% 74 73 % Int C Eng.. 50% 49% 50 50% Int Paper.. 63 ... 53 62%

Local Wagon Wheat

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

Indianapolis Stocks

—May 2 —Stocks— Bid. Ask Amer Central Life 550 Amer Creosoting Cos pfd...101 105 Belt. R R com 68 % 70 Belt R R pfd 57% \. . Cent Ind Power Cos pfd.... 89 91 Cities Service Cos com 42% ... Cities Service Cos pfd 89 ... Citizens Gas Cos com 51 % 54 Citizens Gas Cos pfd 106 ... Commonwealth Ln Cos pfd..loo ... Equitable Securities Cos com 51 ... Hook Drug Cos com 29 Ii ... Indiana Hotel com t 35 ... Indiana Hotel pfd 100 ... Indiatfe, Pipe Line Cos 67 Ind Service Corp pfd 89 91 Indianapolis Gas 60 63 Indpis & Northwestern pld. .62 ... Indianapolis St R.v 39 40 Indpis P and LO% pfd. ... 99 % 100 Indpis P and L 7s pfd ... 96 97 Indpis Water Works sec pfd 98 Interstate P Scr pr lien pfd. 100 102% Merchants Pub Util Cos pfd. 100 North Ind Pub Service ... 92% 93 % Progress Laundry com .... 23 24' Pub Sav Ins Cos 25 ... Raugh Fertilizer pfd 49 53 Real Silk Hosiery pfd 99 THI & E com 1 % ... T H I ft B pfd 21 T H Trao & Light Cos pfd... 90 Union Trae of Ind com 1 Union Trae of Ind Ist pfd. ... 10 Union Trae of Ind 2nd pfd. 2 Union Title Cos com 82 92 Van Camp Pack Cos pfd... 8 ... Van Camp Prod Ist pfd .'. 90 97 Van Camp Prod 2nd 95 —Bajnk Stocks— Aetna Trust and Sav C 0.... 115 120 Bankers Trust Cos 132 ... City Trust Cos 140 ... Continental National 116 ... Farmers Trust Cos 240 ... Fidelity Trust Cos 162 ... Fletcher American 170 ... Fletcher Sav and Trust Cos. .270 . . . Indiana National Bank ....260 270 Indiana Trust Cos 230 250 Livestock Ex Bank 162 173 Marion County Bank 210 ... Merchant* Nat Bank 310 Peoples State Bank 190 Security Trust Cos 275 ... State Savings and Trust. ... 85 93 Union Trust Company 410 ... Wash Bank and Trust Cos. . .160 —Bonds— Belt R R and Stockyards 4s 90 ... Broad Rmple 6s . 80 ... Central Indiana Gas 55.... 08 ... Cent Ind Power Cos. Os 103 ... Chic S B & N Ind 5s 33 37 Citizens Ga Cos 5s 102% 103 % Citizens St R R 5s 85% 87 % Gary St R.v 5s 88 90% Home T and T ot Ft W 6s. . 103 Indiana Hotel 5s oo ... Indpis Northern 5s 3 ... Ind Ry and Lt 5s 95 ... Ind Service Corp 6s 92 % ... Ind Union Trae 5s 3 ... Indpis Col & So 6s 98 3 i 100 Tndpls Gas Cos 5s 99% 100% Indpis A Martinsville 6s. . . 75% ... Indpis Northern 5s 24 28% Indpis & Northwestern ss. . . 75% 75% Indpis Power & Light Cos 5s 97 98 Indpis & 8. E. 5s 1 Indpis Shelby &S E ss. .. . 1 •. . . Indpis St Ry 4s 65 % 07 Indpis Trae and Term 55... 95 96 Indpis Union Ry 5s 101 ... Jndpls Water Wks Sec Cos.. 100 Indpis Water 5%s 103% ... Indpis Water 4%s 95% ... Indpis Water l*t 5s 98 ...' Interstate Pub S 6s 102 % ... Interstate Pub 8 Bs 8%5..104 ... T H I ft E 5i 87 % ... T H Trae and Light 5s ... 98 ... Union Trae of Ind Os .... 16 18% —Liberty Bonds—--Ist 3% a 100.80 100.96 Ist 4% s 103.00 103.20 3d 4>,s 100.20 100.40 3d 4% s 100.60 100.80 4th 4'is 103.70 103.90 II STr4 % s 113.30 113.60 IT STr 3%s 105.35 105.60 U 9 Tr 3%s 108.00 108.20

THE INDIANAPOLIS TIMES

Int Ilarv ..159 ... 158V* 160 May Dp St 71 % ... 71% 72 Mont Ward 66V* ... 00% 05% Nat Lead.. ... 191 % Owen Bottle 77% ... 77% 77% Radio .... 42% 42% 42% 43% Real Silk ... 44 % Rem Type. 44% 43% 44% 44% Sears Roeb 64 V* ... 54 V* 54 % United Drg . . ... ... 173% Univ Pipe. 31 Vi 31 31 31% U S C I P. 220 . , 220 2201* U S 7n A1 75 Vi 74% 74% 75% IVoolworth 138 137 138 138 Utilities— Am TANARUS& T 162% 162% 162% 162% Am W W. . 87 ... 81 81 % Brklyn Mail 60Vi ... 66 07% C Gs & El 91 % 90% 90% 90 % Cons Gas.. 97 % 9,% 97% 97% Interboro. . . 42 ... 41 % 42% No Am Cos. 47% ... 47% 47% Peoples G. . . . ... ... 130 V* Phila Cos. . ... ... 96 % S Gas &El 50% ... 56% 56% West Union .. ... ... 153% Shipping— Ab In Corn 42% ... 42% 42% Am S & C . . ... ... 4 % Atlantic O. . . ... ... 33% In M M pfd 40 30% 4040% Foods— Am Sugar.. 88% ... 87% 87u A B Sugar 19 ... 19 19% Austin N. . . , ... . 5 Beech N . . . . ... . . 50 % Calif Pkg . . ... 64 Corn Prods 59 ... 58% 59 Cuba C pfd 13 ... 42 * 42 Cuba A Sug .. ... . . 24 Fleisehmann 53% . 53% 53% Jewel Tea.. 63% 62% 63% 61'Nat Bisc .115 V* ... 115 115% Punta Ale. ... ... 39 Postum. . 94 ... 94 94 U W Bk B ..' 20 % ... 20 20 % Tobacco*— Am Tob .. . 127 % ... I'M*. I°7U Am T B .127% 127% 127% 127 Cons Cigars 76 . . 76 76 Gen Cigars. 58 57% 68 57% Liggett ...100% ... 100% 100% Lonllard.. 25 24 34 % °6>i R.l Rey .121 ... 120% 121'2 Tob P R.. 90 Vi 98 98% 98 V* U Clg Stor 86% ... 86% 87 Schulte R S 52% 60% 52 50

Produce Markets

Butter t w holesale price)—Creamery, best grade, a pound, 40 0 48c. Buiterfat—Local dealer* par. 46c. Eggs—Strictly tresh delivered at Indianapolis. 20®21c doz. Poultry (buying prices) Hens, large breed. 22 0.23; Leghorns. 196 21c: roosters 12@13c: 1927 broilers. 1% lbs. up 30035 c: Leghorn broilers. 25028 c: ducks. 18@20c: geese. 10612 c: turkeys, young. 30c old. 25c: guineas. 35c. Bu United Press .CLEVELAND. May 2.—Butter—Extra. 41%@42e in tub lots: standards. 41 %c. Eggs—Extras. 20c: extra firsts. 25c; firsts. 22c: ordinary. 21 %c. Poultry—Medium fowls. 29@30c; heavy fowls. 30®31c: Leghorn fowls. 25@27e: heavy broilers. 45@48c: Leghorn broilers. 38@41c: stags. 32@24c; cocks. 17® 18c Potatoes —Round whites. 150-pounel sacks Maine. $500.35: Michigan. $605.25: 120-pound sacks Idaho russets. $4.50: Florida barrels No. 1 range. $7 0 7.50: Ohio 60-pound sacks, best, $1.50; ordinary. $1.25 @1.35; Maine two-bushel sacks. $4.50.

$10,000,000 SET AS RELIEF GOAL (Continued From Page 1) Louisiana border have created a flood situation which will equal, if not exceed, devastation in Mississippi. Five Parishes in Peril Five Louisiana {lavishes .are threatened with inundation. If the flood reaches proportions expected, 3,000 square miles will be inundated and 200,000 persons added to the army of 300,000 homeless. While threat of levee breaks sent many of the inhabitants of the territory to points of safety before the flood came, others chose to remain in their ihomes, and escaoe proved difficult. Loss of life is feared, but relief workers assert casualties will not be as heavy as in other sections. no, ooo Driven Out The most damaging break occurred at Vidalia, La., opposite Natchez, Miss. The dike gave way also at Yazoo City, Miss. Break in the sea wall at South Bend, Ark., has proved disastrous, driving out at least 50,000 persons. The problem of caring for the new army of refugees is of grave concern. Camps already established are crowded to overflowing. Anew camp at Natchez will soon be filled. Vicksburg cannot care for more it is said. All watercraft available in the vicinity of Vicksburg have been sent to the new danger points as it is believed menace of new floods in Mississippi is past. New Breaks Feared Break in the dikes has relieved pressure to some extent farther down the river. New Orleans is safe, but constant force of the water down the river has crumbled the levee in several places and engineers fear new crevasses. The new ravages of the Mississippi and floods of the Red, Black and Oua.chita rivers in Arkansas and Louisiana will necessitate additional funds for relief. President Coolidge, who is to confer today with Secretary of Commerce Hoover, flood dictator, probably will issue an appeal for doubling the original $5,000,000 relief fund. ft 4 Hits by Eichrodt Jack McAllister’s Cleveland Americans were shut out by Detroit, Sunday, but there was a feature in the game interesting to Indianapolis fans. Fred Eichrodt, Indianapolis outfielder with Cleveland, played center and gathered four hits in as many times at bat. Fred is a local sandlot graduate and is listed as utility outfielder with Cleveland. His performance Sunday may win him a regular job. Flees Detention Home Police searched today for Harold Harris, 15, Negro, of 738 W. Walnut St., who escaped from the Marion County Detention home, 225 E. Michigan St., Sunday night. TOPEKA INCORPORATES The new Topeka Club of the Western Association, was incorporated recently under a capitalization of $25,000. Covering 17,300 square miles, Canada’s new national preserve, Wood Buffalo Park, is half the size of Scotland. It contains 16,000 buffaloes.

MORE THAN TWO CENTS ADVANCE MADE IN WHEAT Winter Crop Estimates Range From 589 to 603 Million Bushels. Bu United Press CHICAGO. May 2.—Wheat developed a strong undertone after the opening and prices advanced llic to 2%c, the latter on the May. The visible supply decreased around 4,000,000 bushels. Although the reports of private experts were construed as somewhat bearish and Liverpool cables were %c to %c lower, they wore ignored by traders. There was heavy profit taking around mid-season but the oyerings were well absorbed and the close was l%c to 2Vc higher. Export • business was placed at 500,000 bushels, mostly Manitobas. The cash market was steady to lc higher. Receipts were estimated at 66 cars. Snow estimated the wniter wheat crop promise at 559.000.000 bushels and Murray .estimated it at 603,000,000 bushels. Corn surprised even its best friends by advancing 1% to 3 cents, tthe latter on May. For the first time in months brokers were flooded with buying orders from all parts of the country. Although best prices were nto held.’due (o profit-taking, the close was 1% to 2%e highefi. Receipts were quite large at 163 cars, but had no pffect on prices. The cash market was lc higher. Oats were strong with other grains, with deliveries small. Closing prices were % to l%c higher. Commission house buying was quite general. Receipts were 119 cars. The cash market was 1 to lRc higher. Provisions were about steady, although hogs were weak to Iflc lower. Chicago Grain Table —May 2 WHEAT— Prev. Onen. High. Law- Cln*e. close. Mar l ass; 1.38*. 1.35% 1.37% 1.35% July 1.30*; 1.33% 130% 1.32% 1.30% Sept 1.29 % 1.30% 1.29% 1.30% 1.29% CORN— May. .71*; .75% .71% .74% .71% July. .77% .80 v; -.77% .79% 77% Sept. .82% .84% 83% .83% .81% OATS— May. 45% .47% .45% .46% .45% July. .46% .47% .46 % .47% .46% Sept. 45% .46 .45% .45% .45% LARD— July 12.50 12.53 12.45 12.53 12.47 Sept 12.70 13.75 12.65 12.75 12.70 RIBS— May 13 60 13.60 13.57 13.60 13.70 RYE— May 1.07% 1.09% 1.07% 1.09 1.07% July 1.05 1.06% 1.04% 1.06 *; 1.04% Sept. .96% .97% .96% .97% .97 Bu Times fiperinl CHICAGO. May 2.—Carlots: Wheat 27: corn. 81; oats. 79: rye. 3. Bu Times .S aerial CHICAGO, May 2.—Primary receipts: Wheal. 708.009, against 64 1.000: corn, 091.000. against 879.000: outs. 817.000. against 576.000. Shipments: Wheat, 732 - 000. against 313,000; corn. 390.000. against 930,000; oats. 784.000. against 2.107.000. Bn United Press TOLEDO. May 2.—Close: Wheat—No. 2. $1.38 01.39. Corn—No. 3. 78 % @ 79 %c. Rye—No. 2. sl.lO Oats—No. 3, 50@51c. Clover —Cash domestic. $26.50; cash, imported. $16.75: October. $10.45. Timothy—Cash, new. $2.70: May $2.70. Alsike—Cash. $74. Butter—4s @ 48c. Eggs—22® 24c. Hay—s2s. Bu United. Press CHICAGO. May 2. —Wheat—No. 2 red, $1.38 @ 1.39% : No. 3 red. [email protected]%: No. 1 hard. $1.44 @ 1.44 1 . : No. 2 hard $1.42% @1.44: No. 3 hard. $1.40 0 1.41: No. 3 hard. $1.30. Corn—No. 2 yellow. 77%e: No. 3 yellow. 72@76%c: No. 4 yellow. 70% @ 72c: No. 5 yellow. 70® 70%c; No. 6 yellow. 05%@69%c; No. 3 mixed, 72@72%c; No. 4 mixed. 70® 71 %c: No. 5 mixed. 70 %e: No. 6 mixed. 70c: No. 3 white. 72%W73%c; No. 4 white. 7) % 0:72c: No. 5 white 70% @ 70%c: No. 6 white, 70c: sample grade. 52®68%c, Oats—No. 2 white. 50c: No. 3 white, 46051 %c: No. 4 white. 41® 47 %c. Barley—7o @ 80c. Rye—No. 3. $1.03 % ® 1.04. Timothy Clover—s 29 @ 35.75.

S^hlujuj/ALL BY BILLY EVANS v 1. "hat must a pitcher do when he Is announced? 2. What is ruling If umpire is hit hy hatted ball on which n6 play lias been made? 3. What happens if the umoire is hit by a thrown ball? 4. Tan the pitcher, while off the rubber. feint a delfvery of the hall tu the batsman? 5. Which runner Is out when fur some reason they pass on tile base lines? it This Tells It 1. He must pitch untjl the first batsman to face him is retired or reaches first. 2. Batsman is entitled to first, but no runners can advance unless forced to make room for the batter. 3. The ball is considered in play. 4. Such an act on the part of the pitcher must be ruled a balk. 5. A baserunner is automatically out the moment he passes a preceding runner.

BASEBALL’S BIG FOUR

Babe Ruth assumed his usual place at the head of the home run brigade by hitting two over the fence in four times up. Hornsby could get but a single in four tries against Dazzy Vance. Cobb kept his average on the increase with two singles in four attempt. Tris Speaker made a single in four apoearanegs. * Field- Home AB. H. Pet. iug. Rune. Ruth ... . 55 19 .345 .970 6 Hornsby ... 59 26 *441 .978 2 Cobb 66 27 .409 1.000 0 Speaker . .. 52 15 .288 1.000 0 FORMER ATHLETE DIES Bu United Press LAWRENCE, Kyi., May 2.—Funeral services will be held here Tuesday for Severt Higgins, 28, former University of Kansas football captain and athletic director of a local high school who died at his home here. Signing of Monroe Sweeney as a member of the Coast League staff of umpires meant the release of the veteran Ira Davis.

—BRASSIES—(Continued from Page 8) new pro, also was greeted with an ovation that was pleasing. Harry Kahn, in ill health, went to Florida last November and returned to the city Saturday. The Sunday weather was too much for Harry and he rushed out o Broadmoor for a round of his favorite game. Kahn and George Soutar, club pro, agreed that the course is in the best shape ever. Two golfers from Dayton, Ohio, visited Broadmoor last week and told Soutar that the greens ori the second nine were the best they ever played, and they have traveled the country over. The first nine are covered with Washington bent grass and the second with Vermont bent. There is quite a difference, according to Soutar. L. L. Goodman and Jack Goodman opened the season with a brotherly match. It was their first time out. Jack with a 100, gave his brother a trimming. • Soutar said the Broadmoor gang needs more tournaments. To stimulate match play, George plans a sweepstake affair every Sunday. Mike Sullivan is back this year as caddy master. Like a League of Nations*up there. Sunday established a record for players at Broadmoor. If it did not do the same at Meridian Hills, Highland and Avion, we miss our estimate. Adolph Emhardt, member of the park board, and R. Walter Jarvis, superintendent, walked over the South Grove courses Sunday and obtained an Idea of what golf in this city is like. Norman Metzger copped the opening day tournament at Woodstock Saturday. Vance Smith was jubilant today as he told of the largest entrylist in history of the club. More than 50 players took part in the play. Blind par drawn from a hat after the meet was 79. Metzger’s net was 79. F. Forrey and William Schaffer tied for second with net 78’s and Blake Francis was next with 77. Arthur Moore and Dr. Glenn Richards tied with 76. The dinner after the tournament was largely attended. Wally Nelson, local pro, received a good hand when he gave an exhibition of club swinging.

Week-End Sports

BLOOMINGTON. Ind.—Chicago defeated Indiana. 6 to 6. here Saturday. It was the Maroons' first victory of the Conference season. Both teams made eleven hits. TERRE HAUTE Ind—State Normal defeated Oakland Cit.v College in a dual track and field meet here Saturday, 82 to 43. GREENCASTLE. Ind.—De Pauw’s track team had an easy time with Earlham here Saturday, piling tin an 86-to-40 score in a dual meet. The Tigers performed without the services of Dick Sturtridge. HANOVER. Ind—Hanover track team defeated Indiana Central. 64% to 61%. here Saturday. ; Three track records fell in the meet. —• GREENCASTLE Did—Manual of Indianapolis took first honors in the annual Greenoastle Relays here Saturday with a total of 20 points. Thirty teams were in the met. Rubusli. Manual star, was high point man of the meet with 16 points. SOUTH BEND. Ind.—Notre Damn baseball team opened its home season here Saturday with a pair of victories over West Virginia. University. 10 to 9 and 8 to 6. BLOOMINGTON, ind- —Indiana Univer sity tennis team wai defeated by Northwestern. 6 to 1. here Saturday. KOKOMO. Ind.—Kokomo High School won the annual Kokomo relays here Saturday with a total of 34 points- Noblesvtlle was second with 26 and Tech of Indianapolis third with 15.

Filipino Pete Has Great Record.

Pete Sarmiento. Filipino bantam, who comes here Thursday for a tenround fight with Midget Mike Moran of Pittsburgh at the Armory, will be entering the 90th ring battle of his career when he climbs between the ropes. In his eighty-nine scraps the little brown man has met practically every boxer of note in his class except Moran. The 1927 issue of the Everlast Boxing Record, thus records the sixteen fights Sarmiento engaged in last year: Rounds. Earl McArthur. Sn Francisco.. Won. 10 Billy Le Flore. Sacramento K. O. 7 Young Farrell, Sacramento Won. 10 Young Farrell, Sn Francisco ..Won. 10 Ernie Fleigcl, Memphis Draw. 8 Archie Bell. East Chicago Won. 10 Bennv Bass. Cleveland Won. O Harold Smith. Omaha Won. 10 Johnny Farr, Cleveland N. D. 12 Ray Rychell. St. Paul N. D. 10 Chick Suggs, New York City . . .Lost. 10 Charles Phil Rosenberg. Chicago. Draw. 10 Eddie Anderson. Philadelphia ...Won 10 Ray Ryehell. Chicago Draw. 10 Voting .lop Rivers. Kansas Cit.v.. N. D. 10 Dominick Petrone, N. York City. Draw. 10 Local fans are strong for the little Filipinos. Some months ago Benny Furrel was here to fight Happy Atherton, and was given a great hand by the crowd after almost every round. Then, last Thursday at the Armory, one of Sarmiento’s stablemates. Trip Limbaco, brought the customers to their feet with howls of glee as he fought Tommy Ryan.

Fans Interested in Phy-Cul Bouts

The semi-windup bout for the PhyCul Club's Tuesday night boxing bill is attracting a local interest, because of the fact both Billy Moore and Fred Farlow, middleweights, are Indianapolis punchers. The Eddie Orme-Young Ivetchell scrap, also is expected to be a hummer. Orme is an Indianapolis scrapper while Ketchell hails from Philadelphia’. The main go is between Ehrman Clark, courageous local lightweight, and Jackie Purvis, Kokomo walloper. Frank Clark and Johnnie Zener, bantams, will hold the stage in the second bout. The curtainraiser will be between colored boxers. All told there will be six bouts. The shojv begins at 8:30. WINS CLUB SHOOT J. C. Smith was high run at the weekly shoot of the Indianapolis Gun Club Saturday. He broke 97 out of 100.

Woman Who Caused Fatal Fist Duel

••* >Xvjv j 11 ' • v % | | LjIII

Friendship of (he beautiful Dorothy Mackaye, wife of Ray Raymond, musical comedy star, for Paul Kelly, motion picture juvenile, caused the fist fight in Los Angeles between the two men that resulted in Raymond’s death. Kelly is under indictment for murder. Miss Mackaye told police that her refusal to stop seeing Kelly precipitated the encounter.

Major League Comment

Bu United Press Stirring ninth inning finishes, airtight pitching and the other-,land, ten home runs and twice as many misplays and baseball of every known variety marked Sunday's contests in the two major leagues. The New York Yankees made only five hits o'ff three Philadelphia pitchers, but three of the blows were homers. Babe Ruth smacked in two runs in the first inning with a drive into the right field stands, and drove in three more in the eighth with his second home run of the afternoon, while Lou Gehrig's homer in the sixth accounted for the remaining Yankee runs. Asa result, the Athletics, who had touched Pennock for twelve hits, found themselves on the short end of a 7 to 3 score, and Ty Cobb and his comrades were fit to be tied.

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PAGE 11

WHAT, ROBINSON FOR YELLOWLEY? Activity Counter to AntiSalooners Reported. Times Hash inuhm Bureau. 1322 .Vet o Xork Aicnuc. WASHINGTON, May 2.—The drive to block permanent appointment of Roy A. Haynes as prohibition commissioner and have E. C. Yellowley, administrator for the district including Indiana, named in Haynes’ stead, goes on with Indiana politicians here vitally interested. The Anti-Saloon League is hacking Haynes. Dr. Clarence True Wilson, superintendent of Methodist board of temperance, is so eager to get Yellowley tlie job that ho has assailed President Coolidge as being “on the fence” as to prohibition. Thus the two anti-liquor forces arc at battle. The office of Senator Arthur R. Robinson of Indiana, where Yellowly has been actively supported, despite the Anti-Saloon League backing of Haynes, is one of tlie places where much interest is shown in the fight Prison Term tor Judge Bu United Press PHILADELPHIA, May 2.—Magistrate George E. Rowland, who last week peladed guilty during his trial on charges of malfeasance in office, conversion and extortion, today was sentenced to six years' imprisonment by Judge Gordon in common pleas court here.

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