Indianapolis Times, Volume 38, Number 335, Indianapolis, Marion County, 4 May 1927 — Page 13

MAY 4, 1927

LATE TRADE STEADIES HOG MARKET

GENERAL MOTORS •LEADSMAIN BOOT OF STOCKS AHEAD Present Form of Issue Hits New High—Other Motors Active.

Average Stock Prices

Average of twenty industrials Tuesday was 105.85. up 1.30. Average of twenty rails was 133.11. up 1.10. Average of forty bonds was 07.22, off .0.. fit/ United Pirns NEW YORK, May 4.—Wall Street was not concerned over the falling off of 5,971 cars in freight loadings during the week which ended April 23, as compared with the same period last year. This decrease was recognized as largely due to Mississippi valley flood conditions and president Kurn of the Frisco, and ether railroad executives have gone on record as believing that ‘traffic losses from this cause would he quickly compensated for publication of these figures. Therefore, the decreased car loadings failed to interfere . with the forward movement in the main body of stocks which continued with great *ggressiveness in early dealings. General Motors rose to the highest prices on record for present shares at 197, up %, while other industrial leaders improved proportionately. Buying operations broadened in late morning dealings, spreading to railroad stocks on an increasingly active scale. Baltimore & Ohio shares led the seasoned dividend issues, mounting to the highest levels it has reached since the boom before the war. It sold at 120, up 1% points from its previous close. Western Pacific preferred stock ran counter to the trend breaking sharply on the news that the management had decided to conserve its cash resources to build up the property. Wall Street, appeared to be in doubt as to whether the $6 rate on preferred would be reduced or suspended entirely. However, the company’s letter to stockholders unquestionably indicated that payment would be omitted altogether for the next two quarters at least, leaving the matter of probable action at the December meeting dependent upon the income available at that time. AUTO STOCKS BOOM Prospective Profits for Industry Cause Heavy Demand, fit/ United Press NEW YORK, May 4.—The prospects of profits for the first half of 1927 running in many millions of dollars boomed automobile stocks in JM'all Street today. JHprhe demand for the stocks was neavy and General Motors stock reached anew high for the year. A net profit of nearly .$10,000,000 being indicated for Chrysler for the first six months of the year, stock of that company turned upwards and gained a full point, Hudson reached anew high for the current upward movement and Mack Truck also enjoyed the boom.

Banks and Exchange

—Jb" v "4 INDIA NA POLIS ST AT KM ENT Lor-al hrtnk ilcaxinsrs were $4,506,000: debits, $8,932,000. NEW YORK STATEMENT Bu T-niterl press NEW YORK. May 4.—Clearinfrs, $1,047,<100.000; balances. $114,000,000. FOREIGN EXCHANGE Bu I nitrd Press NEW YORK, May 4.—Foreign exchange closed irrexular. Demand sterling, $4,85 9-10 no .00 1-32: franc*. 3.01%e, UP .00%; lira. 5.15 %c. off .00%: Beltrlum, 13.89%c: marks, 23.08 %c, off %.

Produce Markets

Butter (wholesale price)—Creamery, best (Trade, a pound, 44®46e. Butterfat—Local dealers pay, 43®44c. Eggs—Strictly tresh delivered at Indian•.polls. 10® 20c doz. ' Poultry (buying prices) Hens, large breed, 32® 23; Leghorns. 19@21c: old roosters. 12c: springers, 1% lbs. up 286180 c: Leghorn Bpringers. 23 ® 25c: ducks. 18®20c: geese, 30®12o: turkeys, young. 30c old, 25c: guineas. 35c. Bv United Press CLEVELAND. May 4.—Butter—Extra tub lots, 46®47c: firsts, 42@43c: sec--40®41c; (lacking stoek. 28c: prints w one-pound cartons range from l®3o a pound above tub quotations. Eggs—Extras. 28c: extra firsts. 25c: firsts. 23® 23 Vie; ordinary, 22c. Poultry—Medium fowls. 29®30c: heavy fowls, 29® 30c: Leghorn fowls, 25®27c: heavy broilers, 45® 48c: Leghorn broilers, 33 ®3Bc: stags. 33®24c: cocks, 17®l8c. Potatoes Round whites. 150-pound sacks Maine, $5 <h 5.25; Michigan, $5; Idaho russet bakers, 130-pound sacks, 84.50; Florida barrels. No. 1 range, 87.75®8; Ohio 80-pound sacks, best $1.50 ® 1.76: Maine two-bushel sacks, [email protected]. ftn Untied Press NEW YORK, May 4.—Flour—Quiet and firmer. Pork—Dull: mess. $36. Lard Firm: middlewest, $12.85® 12.95. Sugar —Raw. quiet: 90 test, 4.74 c; refined, dull: granulated. 6.00®6.20c. Coffee—Rio No. 7. *1614 15%c: Santos No. 4. 17% ® 17 41c. Tallow—Firm; specials to extras, 7%®7Vac. Hay—-Steady: No, 1, $1.00; No. 3, $1®1.15: clover, sl.lo® 1.25. Dressed poultry—lrregular; turkeys. 25® 46c: chickens. 20®40c; capons, 20%45c: fowls, 16®35e: ducks. 20®23c: Long Island ducks. 24c. Live poultry—Steady: geese, 10®15c; ducks. 12®27c; fowls, 29 6i3lc: turkeys. 20(u 25c: roosters, 14c; brokers, 20@48e. Cheese—Quiet: State milk, common to special, 27® 28c: young Ameri-as. 25 %® 28c. Butter—Steady; reeeip.s. 17,019; creamery extras, 45c; special market. 45Vi®48e. Eggs—Quiet; reeeirts. 55,710; nearby white fancy. !31 ®3.'*c; nearby State whites, 26®30e: fresh firsts, 23*4 ®2sc: Pacific coast, first to extras. 28®36c: western whites, 26® 39c; nearby browns, 28® 32c. Potatoes — Long Island. $5,25® 6.50: southern, $4.50 ®7.&0: Maine. $4.75®8; Bermuda. $4.60 ® 8.50. Sweetß—Jersey basket. 50c® $2.25. Bn United Press „ CHICAGO. May 4.—Butter—Receipts, 8.105: creamery. 40® 41c: standards. 41 Vic: firsts. 36®38V4c: seconds. 34® 35%c; extra. 43 Kc. Eggs—Receipts, 35 - 677; ordinaries. 20@21c: firsts, 22® e; seconds, 30c: extras, 25Vic. Cheese —Twins, 23Vic: Americas, 33Vi ®23Vic. Poultry—Receipts, 4 ears: fowls, heavy, 24 Vie; light. 3be: ducks, 28c; spring ducks, 33c: geese 17@18e: turks, No. 1, 30c; roosters. 15c. Potatoes—Arrivals, old 73, new 31, on track, old 180. new 100: in transit. 820: old Wisconsin sacked round whites, $2.90@3. mostly $2.95®3; Idaho sacked russets. s4fri 4.10, mostly $4; New Texas sacked Bliss Triumphs, mostly, $4- Alabama sacked Bliss Triumph $3.90 Louiiana sacked Bliss Triumphs, best high as $4: inferior low Sweet potatoes—sl@2. f A tall thin man requires more I food than a short fat one, even l though both are the same weight, & according to a Japanese doctor. He that the amount of food Bneeded depends upon the area, not Hthe weight, of the body.

Calves Remain Weak to Lower —Cattle and Ovines Little Changed. —Holt Price Knnsr— April. Bulk. Top. Receipts, j 27. 10.30® 10.75 10.80 4,;>00 I •;. 10.30 m 0.75 10.75 0,000 120. 10.00® 10.85 10.00 5.000 30. 10.40® 11.00 11.00 3,000 May 2. 10.00ff110.05 11.00 4.000 3. 0.00 ffl 10.75 10.75 5.000 4. 10.00 @10.85 10.75 4.500 Moving in accord with America’s chief hog market, Chicago, prices at the Indianapolis Union Stockyards were steady to 10 cents lower on the hundredweight in today's early trade, later becoming steady. At both centers the decline was mostly on light hogs. i Most sales at the local exchange ranged from $lO to $10.65, some light material bringing $10.75 as the top. Estimated receipts were 4,500, to which were added 167 holdovers. Hog Price Range Grouping porkers in four weightclasses quotations;, .were: 160 to 200 pounds, [email protected], some at $10.75; 200 to 250 pounds, [email protected]; 250 tp 300 pounds, [email protected], and 300 pounds up, $9.75@10. Pigs were quoted at $10.75 down and packing sows went at [email protected]. The cattle market was generally steady, with offerings numbering 1,300. Beef steers were [email protected]; beef cows, [email protected]; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, [email protected]. Veal Down Weakness was still dominant in the calf market, where the fresh run counted 900. Trade was active on the decline, with the marked weak to 50 cents lower. Best vealers brought $11.50 and other sorts sold downward fropi this. The sheep and lamb market averaged steady, With some unevenness noted. Spring lambs and sheep were weak but others were strong. Shorn westerns were $15.50, a few springers sl7 and fat ev/es $8.50 down. Taken as a whole top fat lambs were $15.50; bulk fat lambs, [email protected]; bulk cull lambs, $8.50 @ll. —Hons— Receipts. 5,000; market steady. PO-130 lbs $10.25 ffl 10.75 130.100 lbs 10.50 ffl 10.75 160-000 lbs 10.50 ffl 10.75 200-250 lbs 10.25 ffl 10.85 250 lbs. up 9.90 @10.35 —Cattle— Receipts. 900; market steady. Beef steers $9.50 fit 11.2.> Bulk stockcr and feeder steers 9.00#* 11.ly* Beef cows 6.50 ffl 8.50 Low cutters and cutter cows. 4.25ffl 5.50 —Calves— Receipts. 900; market weak to lower. Best vealers $ll.OO ffl 11.50 Heavy calves 5.50 ffl 8.50 —sheen— Receipts. 400; market steady. Top fat lambs $15.06 quotable Bulk fat lambs 13.00 ffl 15.50 Bulk cull lambs 8.00 ffl 11.00

Other Livestock h '( H IcMio! rr M ay 4< attic—Receipts. 8.000; fed steers and yearlings steady to strong; she stock steady to 35c higher: fat cows showing most advance; bulls strong; vealers 25 ffl 50c lower; best weighty steers. $13.80: several loads, sl3 ffl 13.60; hamlyweights up to sl3; best yearlings. sl2: yearling heifers. $11; weighty medium bulls, $6.00 ffl 6.05; vealers. $9.26® 10.25 to packers: small killers, sll ffl 12: few, $13.60. Sheep—Receipts. 14,000: fat lambs opening slow: very few sales clipped lambs around 25c lower than Tuesday: indications wooled lambs weak to 25c lower: desirable clipped lambs early, 815.50 ffl 16.26: package choice 88 lbs. to city butchers. $16.35; good wooled lambs eligible. sl7 ff 117.25; sheep slow, low opening sales about steady; desirable clipped ewes. $8 ffl'B.so: asking around Usc higher or $1) for choice medlumweights. Hogs—Receipts, 16,000; market fairly active. 10 ffl 16c lower than Tuesday's average: heavyweights. $9.70 ffl J 0.25: mediumweights. $10.05 ffl 10.50: lightweights. $lO ffl 10.55; light lights, $lO ffl 10.40: packing sows. SB.OO ffl 0.35; slaughter pigs, $9.25 ffl 10.35. Hu United Press CINCINNATI, May 4.—Hogs—Receipts. 3,000; holdovers, 1,100: market steady; 250-350 lbs.. $9.50ffl 10.25: 300-250 lbs., $10.25 ffl 10.75; 100-200 lbs.. SIO.OO ffl 10.75: 130-100 lbs.. slo.7offl 10.75: 90160 lbs.. $9.50 ffl 10.75: packing sows. $8.25 ffl 8.75. Cattle—Receipts. 300; ffl 10.50: light yearling steers and heifers, calves. 450: market steady; beef sters, S9 $8.50® 10.50: bed cows. $0 ffl 7.25; low cutter and cutter cows, $4ff15.50; vealers, $7.50 ffl 11.50: heavy calves. $8.56 ffl 0. Sheep—Receipts. 400; market steady: top fat lambs. sls: bulk fat lambs. sl3 ffl 15: bulk cull lambs. $7ffl)ll; bulk fat ewes, ss®7; bulk spring lambs, sloffl 19. Bu Times Special LOUIS . Tc-LE, Ky.. May 4.—Hogs—Receipts. 1,600: market. 25c lower on roughs and stags, others 10c lower: tops, $10.15. Cattle—Receipts, 200: market, steady. Calves—Receipts, 300: market, steady: good to choice. SBYr 10; medium to good. s6fflß: outs. $0 down. SheepReceipts. 100; market, unevenly higher: fed lambs. sl4fflls: springers, $17@18; seconds. sl4fflls: sheep. [email protected]. Bu United Press EAST BUFFALO, May 4.—Hogs—Receipts, 1,400: holdovers, 387; market. 15 ffl) 25c lower: 250 to 350 lbs., $9.75ffl 10.75: 200 to 250 lbs.. $10.00ffl) 11.15; 100 to 200 lbs., sll ffl 11.25: 130 to 100 lbs.. stlffl 11.35: 90 to 160 lbs., $11.25 ffl 11.50; packing sows, $8.76 ffl 9.25. Cattle—Receipts. 200: calves, 200; market, steady; calves, weak: vealers, sl2ffl 13. Sheep— Receipts, 1,600: market, weak: bulk fat lambs. $16.25: bulk cull lambs, $11.50® 12.60; bulk fat ewes, $7 @B. Bu United Press CLEVELAND. May 4.—Hogs—Receipts, 2,000; market weak to 15c lowerL 250 to 360 lbs., $10.25 ffli 10.60: 200 to 350 lbs., $10.60fflll: 160 to 200 lbs., slo.Poffl 11.25: 130 to 160 lbs.. sll ffl 11.25; 00 to 160 lbs., $11.15(011.40: packing sows $8,75 ffl 0.5. Cattle—Receipts, 160: calves. 700: market steady: beef steers, $9.25ff1 1 9.75: light yearling steers and heifers, $9 ff1!0.75: beef cows. so.soffl' 7.75: low cutters and cutter cows, $4.50® 5.60; vealers. sll ffl 12.50. Sheep—Receipts, 1,000; market steady to strong: top fat lambs, $16.25: bulk fat lambs. $15.75® 16.25: bulk cull lambs, slo.soffl 12: bulk fat ewes. $6.50 fflß. Bu United Press PITTSBURGH. May 4.—Hogs—Receipts 1,600: market slow, lower: 250 to 350 lbs.. sloffl'lo.2s; 300 to 250 lbs.. $10.25 ffl 10.85; 100 to 200 lbs.. $10.85® 11.15: 130 to 100 lbs.. $10.90 ffl 11 ; 90 to 100 lbs.. $10.90@11; packing sows, sßffl 8.76. Cattle—Receipts. 75; calves. 150: market steady: beef steers, sloffl 11.40 quotable; vealers, sl2 ffl 13. Sheep—Receipts, 1 000: market steady: top fat lambs. $16.50; bulk cull lambs, $8@11; bulk spring lambs, $15@32, Bu United. Press TOLEDO, May 4.—Hogs Receipts. 650: market )sffl2se 'lower: heavies. *9.50 ffl 10: mediums. $lO ffl 10.25: Yorkers, $10.25 ffl! 10.75: good pigs, $10.50® 11. Calves—Receipts light; market steady. Sheep and lambs—Receipts light: market steady. Cattle—Receipts. 100; market steady.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. May 4. —The advance jpsterday was a /rood one but. measured in Foints. it tells only part of the story, t marked the appearance of a volume of business that has not been seen for a lonir time. The weekly weather report today, 11 a. m. New York time, may bo favorable enough to cause a little liquidation. Buy something if the opportunity comes.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. May 4.—Discouraging reports on refined sugar sales don't seem to make much of an impression on the futures market. But you will find the latter responsive to ever.w indication of improvement in raws. What are we to think of this. It is a good sign in my opinion, it appears that refined business has reached minimum proportions, that any change must be upward and that we are approaching the point where, world demand for raws wifi compare very favorable with available supplies, i lock, lor higher prices.

New York Stocks

Railroads— Prev. High. Low. 2:00 close. Atchison .183?* 182% 183% 182% At Cos L...1H0 I*9 180 180 r & o ...i2o' B non 120 iis% Can Pac ... ... 181 C & O .. .172 171 Vi 17m 171 V, C & N W . . . 82 % 82 82 % 81 % C R & P.. 99% 09% 09'. 98% Del & Hud . . 207 % ... 200 207 Del & Lack 104% ... 164% 104*4 Erie 51% 53 U 54% 53 Erie Ist pfd 57 % 50% 57 % 56% GtNopfd.. 87% , 80% 87% 80% Lehigh Val 122 121% 122 122 K C South 59% 58% 68 % 57% L & N 138 M K & T. 48% 47*8 18 47% Mo Pac pfd 105% 104 104 104% N 4’ Ceil.. 149% 148 Vi 148% 148% N Y N H&H 50% 49% 50% 40% No Pac 85% 85% 85% 86 % Nor & W . .177% . . . 170 % 177 Pare Marq 118% Penney ... (11 % 01 61% 60% Reading .112% 111 % 112 111 % South Rv .123% 123 123% 123% South Pac 113% 112% 113 112% St Paul .16 ... to 15 St Paul pfd 23% ... 23% 33*4 St I. & S IV 74 ... 74 74 St L& S F 113 . 113% 112% Union Pac 172% 171% 172 172 Wabash ... 07 % ... 7 % 62 % Wabasli pfd 94 % ... 91 % 95 Rubbers— Ajax 10% 10% 10% Fisk 18 ... 17% 17% Goodrich ... .>O% 5.>% 50% 56% Goody pfd .110 109 109% 109% Kelly-Sp. . 23% 23*4- 23% 23% U S Rub.. 57% 57% 57% 57 Equipments— Am C& F 104% 101*4 104 101 Am Loco ..110 108% 110 100 Am8t1Fd..43% 43 43% 43 Bald Loco .191% 187% 190% 187% G6ii Elec.. 08 97Vi 08 §7 Lima .... 72% . ... 72% N Y Air Bk 43 42% 43 42% I’rcs Stl Car 02 % 02 62 % 01 Pullman .177% 1.0% 1< < % 1.0 Westh A B 153% 151% 152 150% Wrath Elec 73 ... 72% 73% 81 eels— Bethlehem. 52% 50% 52 50 % Colo Fuel.. 88 86% 86% 80 Crucible 86 85% 86 86 Gulf St Stl. 54 ... 53% 53 % Inland Stl.. 43 '4 43% 43 PRC &I. 43% 43 43 43% Rep Steel.. 65Vi 05 65% 04% Sloss Slieff. . . ... ••• 127 U S Steel .107% 105% 107% 106% Alloy ... . . ■ Vanadium. 47 ... 4 7 4* V 4 Motors— A m Bosch. 15% . . 15% 15 % Chandler .. 20 24% 25*8 24 Chrysler .. 43% 43% 43% 43% Con Motor. 11% ... 11% 11% Dodge 19% 10% 19% 10% Gabriel .. 39 Vi 38% 38% 38% Gen Motor 107 195% 100% 190% Hudson ... 70% 75% 70% 74’* Hupp 20% ... 20 20 Jordan .... 17... 17% 17% Mack 112 % ... 111% 111 Martin Par . . ... ... 19 Moon 8 1 * ... 8 % 8 % Nash 01% ... 61 01% Packard .. 34% 34% 34 % 34% Peerless . . 22% ... 22% 23 Pierce Arw 15 V* I.s’* 15% Studebaker. 53% 53% 53% 63% Stew Warn 03% 03 03% 03 Timken ... 02% 01*4 92 92% WJllyg Over 20 ... 19% 19% White Mo. 47 % ... 40% 47 % Mining— Am Smeltg 148% 147%. 118% 147 Anaconda . 45% 45% 45% 15% Ccr Dc Pas. 02 V* .. . 112 00 % Inspiration. 18 is ih Int Nichols 511% 58 Vi 58** 58 Krnnccott. . 05 04 Vi <l4*4 04% Tex G & S. 01 % 00% 01% 001., U S Smeltg .. ... ... 37 " Oils— Atlan Refg 110% ... 110% 108% Cal Pete... 20 25Vi 25% 24% Freept Tex. 05 04% 06 04% Houston ..119% 118% 118% 118% Indp Oil .. 19% ... 19% 19% Marland C. 37% 30 V* 37% 30 Vi Mid C P . 30 Vs 29*4 30% 39 * P-A Pete B. 58 % 57 % 58 57% Paeiflc Oil ... ... l % Phi Pete ..42% 41 41% 40% Union Oil.. 45% ... 44 42 Vi Pure Oil .. 27 % 27 Vi 27 V* 27 Roval Dutc 48% ... 48** 48% Shell 27% 27% 27% 27V* Sinclair .. 17% ... 17'.i 17 Skelly .... 26 % ... 20 20 Sid Oil Cal 54% 53% 53 V* 52% Std Oil NJ. 35% , 35% 35% 35% Std Oil NY .30% . 30 Vi 30% Texas Cos . 46 Vi 45 Vi 40 45 % Trans Pote .4 ... 4 4 Industrials— Adv Rumely ... ... 12 Allis Clilni 105 104% 105 104 Allied Chm 140% 138% 130% 138% Armour A . 9% 8% 8% 9% Am Can .. 49% 47* 48 % 47 Vi AII k 9■% ... 9 % 94* AH L pfd. 53 % ... 53 % 52 % Am Sate R . . ... ... 40 Am Wool . 19 Vi ... 10'j 10% Central L. . . . ... . . 10 s '* Coca Cola. 104 103 % 103 Vi 101 Cont Can. . 05 % 04 ® 65 64 *1 Cert Prod. ... ... ... 51 % Dav Chcm. 27 % ... 27 27 Dupont .. 240 Vi 244% 245 Vi 243% Fm Play ..111’, 108 110 107% Gen Asphalt 70 74 % 75% 74% Tilt. C Eng. 53 % 52% 53 % 51% Int Paper . 48% 46% .47% 48 Tnt Harv .105 104 Vs 104% 104% May D Sta 72% ... 72 72 % Mont Ward 00Vi ... 60 00% Nat Lead. .. ... ... 191 Vi Owen Bot. 78 77% 78 78 Radio .... 43% 43 43% 4'’% Real Silk . 45Vi ... 45 45% Rpm Type .44% > 44% 44 e, ars-Rceb 54 s; 54 % .-,4 % 54 % United Drg 173% 173 172 . 174 Univ Pipe.. 32 31 37 w 31 % TTSCI P.239Vi 228 V. 220 2291; ns In A., 76 75 % 76 75 % Woolworth 141 % 141 Vi 141*1 141 Utilities— Am TANARUS& T 105% 104 % 165% 164% A Express 130% .. 130% 130% Am W Wk 81 % ... 81 % 81 VI Brklyn Man 64 % . 04% 04 vi Col G & El 97*4 91 *4 92 91% Cons Gas. . 99 % 98", 99 99 Tnterboro .... ... 41 No Am Cos.. 49% 48% 48% 47% Peonies G 137% 130 137 135% Phila Cos.. 103 100 103 90% S G & El 56 V* 66 Vi 56 Vi 50 % Wes Union ... , . ... 154% ShippingAm Tn Cor 44 % 44 44 % 43 *1 Am S & C. . . . ... . . 4 % Atlantic G . . . ... ... 33%' Tn M M pfd 41% ... 14 41% United Fr 128 V*

Local Wagon Wheat

Local grain elevators are paying $1.24 for No. 2 red wheat. Other grades are purchased on their merits.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Wineaaps. $2.85 ffl 3; Delicious. $4. Extra fancy barrel up'pies—Rome Beauty, $4.75; Russets. $4.50: York Imperials, $4: New York Baldwins. $4.50: Ben Davis. $3.75ffi4.50. Fancy barrel apples—Baldwins $3.75; Rome Beauty, $4.25: Ben Davis, $3.50. Basket apples 149-lb. basket) —Rome Beauty. $1.75 ffl 2.25: Winesaps. $1.75: Baldwins. $1.50; Ben Dayis, $1.25. Bananas (jobbing priqe)—4@6e lb. Grapefruit—Fancy. $4.25. Lemons—California. $3.75 @4.25. Limes—California. $3 per hundred. $4.75® 6: fancy. $4.25ff15.50. Oran ges—Florida Valencias. $4.50 ffl 0.50 crate: California navels, extra fancy. $4.75®)0; fancy. [email protected]. Strawberries—Tennessee. $4.50 ff 15.50 a 24-qt. case. VEGETABLES Asparagus—California. soffl7 crate: H. G. fancy white. 75c; 75c @51.25 doz., green. $1.75 doz. Beans—Louisiana stringless. $4.50 ffl 5.50 per hamper. Brussels Sprouts—Fancy California 30c pound. Cabbage—Mississippi. $5.60 crate. Cauliflower—Crate. $2.75. Celery—Florida. 3 and 4-doz. crate. $4.50: Mammoth (washed). $1.1’5ff11.50 doz. Corn—Texas. $2.75 bu. Cucumbers—Hothouse. 2 doz.. $2.25. Eggplant—Florida. $1.50ff12 doz. Garlic——California. 12%c lb. Kale—H. G.. $1.75 bbL Lettuce—lceberg, crt., $6; H. G. hothouse, $2.10 15-lb. basket. Mangoes—Florida peppers $5.50 era'/): $1.50 peek. Mushrooms—Pennsylvania. 1% lbs.. $1.25. Onions—-Texas yellow. $3.50; Texas whites. $3.75 crate; H. G. green. 45c doz. Onion Sets —Yellow. $2.25 bu.; red, $2.25 bu.; white. $4 bu. Parsley—H. G., 60c per bunch: southern. 75c doz. Peas—Mississipp. $2.60 hamper. Potatoes—Michigan whites, 150 lbs.. $5.50: Russet Burbanks. 150 lbs.. ss>so: Red River Ohios. 120 lbs.. $5; Idaho Russets. 100 lbs., $4: Idaho bakersi, 0070c, $4: Triumps. 100 lbs.. $4.75; new Florida, $5.50(07.50. Radishes—Southern long reds. 25c: hothouse buttons, $1.26. Rhubarb— H. G.. 30c doz. Root Vegetables—Turnips, bu.. $1.50: Earsn'ps. bu.. $1.25: carrots. California. u. t $2; Texas, bu.. $2; Louisiana beets. $4..>0ff15 hamper. Seed Potatoes—Maine cobblers. 150 lbs.. $6: Red River Early Ohios. 120 lbs.. $5: Rural New Yorks. 150 lbs.. $5. Spinach—Texas. [email protected]. Sweet Potatoes—lndiana Jerseys, bu., $1.50. , Tomatoes—Six-basket crt, $3.50 ffl 6.

THE INDIANAPOLIS TIMES

Foods — * Am Sugar. 89 % 89 89 % 89% A B Sugar ... ... .. 10 Austin N. .. . ... ... 5 Beeeh N ... ... 50 % Calif Pkg . 64 .. 64 03% Corn Prods 59 V* 69 Vi 59 % .>9 % Cuba C pfd 42% ... 42% 42% Cuba A St ... . • . ■ 24 Fletscbman. 55 V* 54% 55 54% Jewel Tea. 05** 05% 05% Ns Biscuit 123 119% 122 119% Punta Ale ... ... ... 40 % Postum ... ... 04 % W Bk (B) 21V* Tobaccos— Am Sutna. 65 V* 55% 55% 85% Amer Tob 130% 129% 130% 129% Am T (B) . 129 V* 129 % 129% 129% Cons Cig... 78% ... 78 78 Gen Cigars 68 ... 58 58 Liggett ... . .. 101 % Lorlllard .. 25 24 V* 25 25 R J Rey 120% Tob P lB 90 98% 08% 98 U Cig Stor. 88% 87% 88 87 Vi Schulte RS 51", 53% 54% 54

Indianapolis Stocks

May 4 —Stocks— Bid. Ask Amer Central Life 550 Amer Creosoting Cos pfd... 101 105 Belt R R com 00% 70 Belt R R pfd 67% ... Cent Ind Power Cos pfd .89 91 CRles Service Cos com 47 ... Cities Service Cos pfd 9<> Citizens Gas Cos oom 51 % 54 Citizens Gas Cos pfd 100 ... , Commonwealth I.n Cos pfd. 10(1 ... Equitable Securities Cos com 51 ... Hook Drug Cos com 29 Vi Indiana Hotel com 135 ... Indiana Hotel pfd 100 ... Indiana Pipe Line Cos. ... 67 Ind Service Corn rfd 89 91 Indianapolis itm on 0:1 Indpls s Northwestern pfd, 52 Indianapolis St Ry 39 40 Indpls P and LO% pfd.... 99% 100 Indpls P and L 7s pfd ... 90% 97% Indpls Water Works sec nfd 98 ... Interstate P Ser pr lien pfd. 100 Interstate P ft 6 nfd 85 ... 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 ... Real Silk Hosiery pfd 99 T H 7 A E com 2 T H I A F, nld 21 T H Trae tc Light Cos pfd. . . 90 ... Union Trac of Ind com 1 Union Trac of Ind Ist pfd. ... 10 Union Trac 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 ProJ 2nd 95 —Bank Stocks— Aetna Trust and Sav C0....116 120 Bankers Trust Cos 132 ... City Trust Cos 140 Continental National 110 ... Farmers Tril*t Cos 240 ... Fidelity Trust Cos 162 ... Fletcher American 170 ... Fletcher Sav and Trust Cos. .270 Indiana National Bank ....260 270 {ndiana Trust Cos 230 250 .ivestock Ex Bank 167 172 Marion County Bank 210 ... Merchants Nat Brink 325 Peoples State Bank 190 ... Security Trust Cos 275 State Savings and Trust. ... 85 93 Union Trust Company 4it ... Wash Bank and Trust Cos.. .160 —Bonds— Belt U R and Stockyards 4s 90 ... Broad Ripple 5s 80 ... Central Indiana Gas 55.... 08 ... Cent Ind Power Cos. Os 103 ... Chic S B & N Ind 5s 33 37 Citizens Gas Cos 5s 102 \ 103 Citizen* St R R 5s 85 % 87 Gary St R.v 5s 88 90% Home T and T of Ft W 6s. . 103 Indiana Hotel 6s 99 Indiana Northern 5s 3 ... Ind Ry and Lt 5s 95 ... Ind Service Corp 5s 92 Vi ... Ind Union Trac 6s 3 ... Indpls Col 4So 6s 08 % 100 Tndpls Gas Cos 5* 99% 100% Indpls & Martinsville 55... 75% ... Indpls Northern 5s 24 20% Indpls & Northwestern 55... 75V* 70 Indpls Power & Light Cos 5s 97 98 Indp% & S. E. 5s 1 Indpls Shelby & S E 55.... 1 Indpls St R.v 4s 03% 64% Indpls Trac and Term 55... 95 90Indpls Union R.v 6s 101 ... Indpls Water Wks Seq Cos., 100 ... Indpls Water 5%s .7 103*,* ... Indpls Water 4%s 95% ... Tndpls Water Ist 5s 98 ,’i. Interstate Pub S6s 102 Vi ... Tn tern ta te Put) S Hs 6 Vis.. 104 ... THI& Ess 87 % ... T H Trac and Light 55.... 97% ... Union Trac of Ind 6s .... 16 18 % —Liberty Bonds—--Ist 3% s 100.00 101.06 let 4%s 103.10 103.28 2d 4% s 100.28 100.40 3d 4%6 100.70 100.80 ♦Hi fi}, 103.78 103.08 u BTr 4%s 113.00 113.%|Tr 4s 108.40 108.60 USTr3%* 105.40 105.80 US Tr 3%s 100.00 100.25 —Sales—--4 Shares Belt R It com 66% SI,OOO Indpls St R.v 4s 04%

DIRECTORS RE-ELECTED Nickel Plate Organization Retains Same Officers at Annual Meeting. Bu United Press CLEVELAND, Ohio, May 4. —All directors of the Nickel Plate Railroad were re-elected at the annual stockholders’ meeting here today. Col. W. A. Colston, general counsel, as chairman. A total of 231, 910 shares were voted of the 303,458 shares outstanding. Directors re-elected are: M. J. Van Sweringen, chairman; Walter L. Ross, president; C. E. Denny, vice president; Colston J. R. Nutt, president Union Trust Company; C. L. Bradley, vice president Union Trust Company; J. A. House, president 'of the Guardian Trust Company; .John Sherwln, chairman of the board, In ion Trust Company; George S. Ross and Benjamin L. JerHcs, L. B. Williams, Ralph Van Vechten, Chicago, and F. Edson White, president of Armour & Cos. TRAFFIC CLUB LUNCH Body to Have Music Week Observance Thursday. The Indianapolis Traffic Clpb will celebrate national Music week at a luncheon Thursday noon on the Severin roof garden with a concert on a phonograph. The club will also be entertained by moving picture scenes of “Raisin Land” in California. Farewell honors will be paid to Herbert L. Smith, first vice president and former secretary-treasurer of the Traffic Club, who will leave for Champaign. 111. J. F. Gates, formerly of the Chamber of Commerce traffic department, who has succeeded Smith, will be “initiated.” CAR SMASHES INTO WAL City Inspector’s Auto Enters Garage in Wrong Manner. When John E. Brown, 48, of 548 Udell St., a city inspector of weights and treasures, lost control of his car this morning it crashed through the brick wall of the Speedway Garage, Sixteenth and Main Sts., and battered fenders, damaged radiator, bent axle and a crippled engine landed in the office. Brown and his companion, a Negro, were not injured, nor were the two garage employes who were working in the office, where fixtures nd furnitures were damaged. Brown was driving his own car, a Flint, when he lost control as he attempted to make a right turn. He was unable to stop.

WHEAT ADVANCES LESS THAN CORN; SHORTS COVERED Oats Rallies, Selling Off Later —Provisions Are Firm. Bu United Press CHICAGO, May 4.—Extremely ! strong Liverpool cables gave wheat a good gain at tho outset on the Chicago Board of Trade, but prices eased off under local profit-taking I sales, while buying orders from the outside kept the decline from assumi Ing any proportion. The general deI tnand indicated that shorts had covered pretty freely the last few days. ' The cash market was steady to %c | higher. Receipts here were twenty- | two cars. Reports from the Northwest stated that fields were a sea of mud over a large area in the Northwest States and there would be little farm work for several days. Corn showed more strength than wheal and gained 1 to 2 cents. The advance was attributed to short covering and a better cash demand Profit-taking developed late in the session and best prices were not held. The cash market was to lc better. Local receipts were seventy-three cars. Oats rallied early but sold off later with wheat, with closing prices not far from yesterday's final figures. Receipts were seventy-three ears. The cash market was unchanged to Vie higher. Provisions were firmer with buying by cash interests. Chicago Grain Table —May 4 WHEAT-*- Prev. High Los. 12:00. •'lns*. Mav 1 40% 1.39% 1.40 1.39 % July 1 34% 133% 1.34% 1.34 Sept 1.32% 1.31V* 132 1.31% CORN— May , . .78% .74% .78 .75% Julv 82% .79% .82 .80% Sept 80% .83% .80% .84 Vs OATS— May 48 .47% .47% .47% July V.. 48 .47 V* .47% .47% R YF Mav 1.10% 109% 1.10 1.10% July 1.08 1.06%, 1.07 % 1.07% LARD— Mav 12.45 12.40 12.42 12.37 July 12 57 12.55 12.55 12.52 Sept .... 12.80 12.75 12.77 12.72 RIBS— May 13.00 Bu Times Special CHICAGO, May 4.—Carlo!*: Wheat. 18: corn. 50; oats. 33; rye. 0. fill United Press TOLEDO. Mav 4.—Close: Wheat—No. 2. $1.39 ffl 1.40. Corn—No. 3. 81 ffl 82c. Rye—No. 2, sl.ll. Oats —No. 3. 51® 52c. Clover —Cash domestic. S2O-50; cash imported. $10.75: October, $10.50. Timothy—Cush, new. $2.70; May. 12.,0. Alsike—Cash. $24. Butter— 45ffl 48c. Eggs—2o®. 22c. Hay—s2s. fit/ T'nited Perss CHICAGO. May 4.—Cash grain: Wheat —No. 2 red. $1.40%; No. 4 hard. $1.37% ffl 1.40. Com—No. 3 yellow. 74 %@ 70%c: No. 4. 72%@73%c: No. 5. 7i% ® 72e: No 6. 70%@71c: No. 2| mixed. 80c No 4. 72% ffl 73c: No. 3* white, 75ff175%c: No. 4. 74c. No. 5, 70% ffl 71 %c; No. 6. 70 Vs ffl 71: sg. 53 ffl'oß %e. Oat*—No. 2 white. 50% ffl 51c: No. 3. 40% ffl 50c: No. 4. 42® 47c: sc.. 42® 44 %e. Barley—Bo® 89c. Timothy—s4.3sffl 5.35. lover—s29.9s® 30.

30,0 DD FLEEING BEFORE FLOOD (Continued From Page 1) the parishes was covered by the planes and dangerousness of the situation was realized by the valley residents. Report of the disaster was telephoned to the office of former Governor John M. Parker, State flood dictator, at Baton Rouge. Orders were issued immediately for boats from Vicksburg and Natchez to go into the Roomed area. Sea planes were also sent from Baton Rouge. Special trains carried most of the refugees out of Tallulah to high land near Delhi. Others, farther from the flood, were able to leave by the highways. Death Cheated “We expect little or no loss of life from this latest break,” Major Lee told the United Press. “People heeded the warning and had time to escape.” Towns to be affected most rapidly by the Milliken Bend break will be Tallulah, Duckport, Vidalia, Waterproof, Fcrriday, Bullton and St. Joseph. Lake Providence, home of Senator Ransdell of Louisiana, is threatened. . Tracks of the Vicksburg, Shreveport & Pacific Railroad recently acquired by the Illinois Central, are under water. The river crossing of the road is out. It was the last means of crossing the stream, except by ferries, between New Orleans and Memphis. The United States boll weevil control experiment station at Mounds, La., is directly in the path of the flood waters. The station will probably be put out of commission entirely before the waters subside. Game Refuge Flooded The Singer game refuge, controlled by the State, is under water. It is practically the last standi of deer and wild turkeys in the State. Bayou Macon ridge will probably go under water. Engineers expect, in short, that practically the entire area between the Ouachita and Mississippi Rivers will be submerged. Parishes in the path of the flood are: West Carroll, East Carroll, Madison, Franklin, Tensas, Concordia, which are expected to be entirely under water and Morehouse Ouachita, Richland. Caldwell, LaSalle, Catahoula and Avoyelles which will be partlc.lly inundated. Some of the parishes, notably Concordia and Avoyelles, have already felt the force of the flood and were practically evacuated before the new break occurred, | _

Coolidge Smiles at Work

aHi |Bk£ J® * u'-' t -L, "V* ’ fog Blmt "■ ■"■■■-'■ p,,, r 1 11 — 1 '■

President Coolidge left all his legendary reserve in Washington when lie visited New York to address the United Press twentieth anniversary dinner. It was a smiling, jovial President, as these photos show, who arrived in the metropolis to mingle with and talk to hundreds of famous newspaper men of the country. His human mood was all the more apparent when after addressing the United Press birthday gathering on tho United States foreign policies he stayed to laugh over a humorous talk by Irvin Cobb and finally to chat with various noteworthies instead of following his usual custom of departing at once. In the upper of these two photos, the President and Mrs. Coolidge are shown just after their special train reached New York. Next to Mrs. Coolidge is Karl A. Bickel, president of the United Press. Just be'hind the President is Capt. Wilson Brown, his naval aid. The lower photo shows the President, still smiling, and Mrs. Coolidge in their auto.

ARMITAGE TRIAL CLOSE EXPEGTED (Continued From Page 1) and Walter C. Myers, who has testified in the- case, were 111 ills shop and that Artnitage entered anti talked to Achey. Efforts of the defense to show that Achey took out a piece of paper, supposed to contain names of persons the grand jury was to indict, and showed it to Armitage, failed when State’s objections were sustained. Joseph Talbert, 244S N. Talbott SI., in tho restaurant business, declared Achey's reputation for truth and morality were “bad.” Mark V. Rinehart, vice president of the Washington Bank and Trust Company, told the court Armitage had an account at the bank fifteen years and the politician's reputation there is good. He does not have a safety deposit box there, Rinehart testified. Others who testified to the good ctyiracter and integrity of Armitage were: Theodore ICerriger, 2220 Central Ave.: Leo Traugott, 3435 Washington Blvd.; Jesse T. Miller, 3534 Carrollton Ave.; Ernest Kingston, Hotel Lincoln: Harry Kahn, National Furniture Company; the Rev. John S. Rainier, 2716 Sutherland Ave., r.ow in the insurance business, and E. D, Pettijohn. Attorneys Skirmish It was while Rainier was on the stand that Remy and Inman indulged in a skirmish over whether or not conviction, despite a plea of not guilty, stamps a defendant as telling an untruth. Remy asked Ranier: “Do you believe a man is justified, if charges have been placed against him and he is convicted, to plead not guilty? Would it be a justifiable lie? Would it not be injurious to his reputation for truth-telling?” Inman objected and Judge A. Collins sustained the otfjection. It was at this point that Remy and Inman clashed. “I have heard,” Inman declared with sarcasm,” “the young prosecutor is an authority on legal proof and its fundamentals and I would suggest to him that he would write a book on it and get out of the prosecutor's office ” “I don’t mind listening to objections,” Remy retorted, “but if you want to make a speech, hire a hall.” Four jury members—S. S. Sutton, Lee Williams, J. P. Van Camp and James F. Chamberlain —Tuesday denied on the stand that they had seen Armitage or knew him prior to his appearance as a grand jury witness two weeks ago. Sutton, on the stand, said he had never seen Armitage until two weeks ago and had never talked to him. “Never Approached” “Since you became a member of the grand Jury, did Mr. Armitage ever suggest to you that you ‘play ball’ with Claude Achey or anyone else, in matters pertaining to indictments?” Inman asked. Remy objected and was upheld by the court. “We believe we have the right to show this court that no such agreement was ever made and the statement made by Achey is untrue,” Inman told the court. Inman asked Williams a similar

question and lie answered, “No, Sir,” before Remy could object. Chamberlain and Van Camp testified likewise. During the early part of the Tuesday afternoon session the defense called several witnesses to build up an alibi for Armitage as to his whereabouts Sunday afternoon, April 10, when, according to Achey, the politician visited him at his home, 641 E. Thirty-Third St. Those who testified said they saw him at the Elks’ Club that Sunday afternoon and evening w’re Club Manager Earl B. Stewart, John C. McCloskey, former county commissioner; Samuel Nathnnson, Robert Stearn, Michael J. Duffecy, Lase (Dutch) Murphy and R. G. Stewart. They all testified Armitage did not use the phone or leave the clubhouse.

GRAY TELLS ALL IN DESPERATION (Continued From Page 1) der of her husband, glanced casually at her former 10%-er when he resumed the stand. Miller asked Gray if in July, 1926, Mrs. Snyder had shown him an insurance policy. “Yes, she did,” said Gray. “I show you three policies,” said Miller. “Was the one she showed you among them?” Identifies Polhw Gray gave them a cursory examination. “The $5,000 one,” he said crisply. “What did she tell you about the policy?” “She asked if drowning was mentioned in it. She said her huszand mjght drown that summer while at his bungalow.” Gray said that in July, 1926, he had met Mrs. Snyder at the WaldorfAstoria and that she had brought two bottles of liquor and a vial containing sleeping powders. “Mrs. Snyder wanted me to take tho powders,” Gray went on. “I asked her if they were poisonous, and she said they were not. So, after drinking a lot, I took the powders.” “How did they make you feel?” “I was stupefied. My brain would not work and I don’t recall what happened after I took them, being very much in a daze.” “Did Mrs. Snyder talk to you about the effect of the powders?” pursued Miller. “Yes,” said Gray, “she called me up next day, but I was feeling terrible and didn’t want to leave my room.” , Planned “Good Use" “When I described my condition she said the powders must be potent and she thought she would have good use for them.” Miller then asked Gray about another time he had spoken with Mrs. Snyder at the Waldorf-Astoria. “The first time I met in August, 1926, she said she was going to get rid of her husband,” said Gray. “I told her she was crazy. She was in a highly nervous state and I suggested she go to a doctor and have a bump on her head examined. “But she said that was unnecessary and she was determined about her husband. “I asked her how she was going to do it and sho said gas. I pressed her about it and she said she was going to use the leeplng powders first."

PAGE 13

SAYS JUDGE LAHR WITHOUT RIGHTS ■ JN ZENER CASE Hines of Noblesville Holds Children Are in His Custody. Bu Times Special NOBLESVILLE, Ind., May 4. Juvenile Judge Frank Lain- of Indianpolis has no jurisdiction over the .wo children of John Zaner, former Indianapolis police captain and poliician, Circuit Judge Fred Hines said . oday. Zener several months ago was dibreed from his first wife and was .ranted the custody of the two children by Judge Hines, who heard the ivoree case, venued here from Indianapolis. Zener was arraigned before Judge Hines on charge of contempt of court in connection with alleged failure to pay SIOO attorney fees and ailure to support the two children. Zener told the judge that his divorced wife's father had placed the children in custody of Judge Lahr's court. Judge Hines assured Zener this could not be done. Records showed that Zener had not contributed to the support of th children since last October. Zener told Judge Hines that luhad been out of work and in ill health and was unable to pay. Ilfsaid he had been in Florida and that ho had had his children there with him. Several weeks ago he bought a second-hand auto and returned to Indiana, with anew wife, whom he had married recently. Roth Zener’s first and second wives were in court when he was arraigned. Judge Hines took the case under advisement. CHILDREN IN HOME Custody Originally Given to Mrs. Zener by Judge Laltr. Originally the Zene.r children were awarded to Mrs. Zener by Judge Frank J. Lalir, but she is said to have turned them over to the father in Florida. Upon his return here they were being cared for by Zener's parents, hut a few weeks ago Judge Lahr ordered them into a home and also ordered the father contribute monthly to their support.

125,0 DD DONATIDN TO WHEATLEY FUN Chicago Philanthropist Donates Sum During Drive. Gift of $25,900 from Julius Rosenwaldt Chicago philanthropist, to Phyllis Wheatley (Y. W. C. A. Branch) building fund, was announced at a workers' luncheon at Central Y. W. C. A., st noon today. The gift, Dwight S. Rit er, campaign chairman, announced is contingent upon the $208,500 goal being reached ’in drive for a building for Negro girls and women. Today’s total, including the Rosenwald gift, was $156,847. It was the third day of public solicitation. Forty I teams obtained $7,807 Tuesday. Phyllis Wheatley teams, banqueting j at the Y. M. C. A. branch for Negro j men and boys Tuesday evening, re | ported $5,257. MAIL 1927 STATE ACTS Secretary of State’s Office Sends Copies to Sixteen Counties. Sixteen Indiana counties have received 1,720 copies of the acts of the 1927 Legislature, Assistant State Secretary H. B. Gray, announced today. Clerks of the ninety-two counties must send a receipt to the secretary of State’s office before the acts can be pronounced law by the Governor. Distribution is based on twenty copies for each 1,000 votes cast for the Secretary of State at the last general election. Under this apportionment, Marion County receives 1,840 copies. A total of 25,000 will be printed. County clerks distribute them to all courts, the prosecutor’s office, libraries and newspapers.

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