Indianapolis Times, Volume 38, Number 336, Indianapolis, Marion County, 5 May 1927 — Page 13

MAY 5, 1927

SOME IRREGULARITY IN HOG PRICES

, RECORD AVERAGE EOR INDUSTRIALS LEADS TO BUYING Stocks Sweep Ahead During "Morning Trade on New York Exchange.

Average Stock Prices

Average of twenty induatriale Wednesday was 188.05. up 2.30. Average of twenty rails was 1.‘12.30. up .10. Average of forty bonds was 07.41, up .10. Bu United Press NEW YORK. May s.—Wednesday's sweeping advances in the industrial list carried the average price of this class of stocks as compiled by Dow Jones & C 6., to a record high at 168.05, up 2.20 points on the day. This proof that the main forward movement had been returned brought urgent short covering and fresh buying into early dealings today and additional gains were scored by many active issue's. National Biscuit reached new high ground at 124%, up %, while U. S. Cast Iron Pipe spurted 1% to I 233 and Baldwin 1% to 191%. Erie issues were prominent in the rail division. The common reached the best levels of the current advance at 56, up 2!4 from the previous day’s low and first preferred at 58%, up 1%. Prices swept ahead with increasing aggressiveness around noon. Mack Truck’s rise to anew high of 114%, up 2%, was attributed to a resumption of constructive activities by interests which have sponsored various upswings in this stock during the last several years. United States Cast Iron Pipe was active on reports that the directors were- planning a recapitalization of the company with a splitup of the present copimon shares. This was denied in official quarters with the statement, that no such action had even been discussed by the board. ENJOYS BOOM Various Unconfirmed Explanations for Activity in National Biscuit. Bu Tnitcd Press NEW -YORK. May s,—Stock of the National Biscuit. Coompany, not the kind of a stock that can be jockeyed up and down violently by speculators, is enjoying a boom in Wall St., which carried it today to $124.75, compared with the low of the year of $91,875. Although unfounded rumors in the street said National Biscuit would soon* take over the Purity I Bakeries, another unofficial explana- " tion said a stock dividend or an increase in the cash dividend might be declared soon. The company’s earnings this year may show a great lncrease due to realization of profits on the millions spent for new plants.

Banks and Exchange

—May 5 INDIANAPOLIS STATEMENT Local bank clearings were $4,300,000; debits, $7,156,000. NEW YORK STATEMENT bu United Press NEW YORK. May s.—Clearings sl,060,000,000; balances, $107.000.000. FOREIGN EXCHANGE 811 United Press NEW YORK, May s.—Foreign exchange closed Irregular. Demand sterling. $4.85% off .00 1-10: francs. 3.91 %o; lira, 5.34c,’ up .05: Brig. 13.89%c; marks, 23.68%c; Czecho. 2.90 c.

Produce Markets

Butter (wholesale priee)—Creamery, best (trade, a pound. 44@4tic. Butterlat—Local dealers pay, 43®44c. Eggs—Strictly tresh delivered at Indianapolis. 10 @ 20c doz. Poultry (buying prices) Hens, large breed. 22 @23: Leghorns, 19 0 21c: old roosters. 12c: springers. 1% lbs. up 28 @ 30c: Leghorn springers, 23 Oil 25c; ducks, 18@20c; geese, io@l2c- turkeys, young, 30c: old. 25c; guineas, 35c. Hu United Press CLEVELAND. May s—Butter—Extras in tub lots. 45@47c: firsts, 43 (a 43e: seconds. 40 @4lc: packing stock 28c; prints in 1-lb, cartons range from 1 to 3 cents a pound above tub quotations. Eggs—Ex- , tra. 26c: extra firsts, 25c; firsts. 23@ k'l-'IVJc; ordinary. 22c. Poultry—Medium ■fowls, 28 029 c: heavy fowls. 20c: Leghorn "fowls, 25@26c; heavy broilers, 42045c‘ Leghorn broilers, 35@38c: stags, 22 023 c: cocks, 17® 18c; ducks 30 @32c: geese. 18 @3oc. Potatoes—Round white, 150-lb. sacks Maine, $5.25 @5.50; Michigan, ss® 5.26: Idaho russet bakers. 130-lb. sacks Maine. $5.25 (n 5.50; Michigan. $505.35; Idaho russet bakers, 130-lb. sacks, $4.50; Florida barrels No. 1, $8: Ohio 60-lb. sacks, best, [email protected]; Maine 3-bu. sacks, [email protected], Hi/ United Press NEW YORK, May s.—Flour—Steady and unchanged. Pork—Steady: moss, $36. Lard—Dull; Middle West. sl3.9o@lft. Sugar— Raw steady; 06 test. 4.77 c: refined steady: granulated, 6 (n 6.20 c. Coffee Rio No. 7, 15Vj@150e; Santos No. 4, I 7 @l7 ye. Tallow—Firm; specials to extra 7°. @ 7%C. Hay—No. 1. $1.30; No. 3, $1 @1.15: clover. $1.1001.25, Dressed poultry weak: turkeys. 25046 c; chickens, 30@38e; low's. 15 0 35c: ducks, 20 023 c; Long Island ducks, 24c. Live poultry Firm: gec*> . 10015 c: ducks. 12®27c; fowl*. 28® turkeys, 20 @ 25c: roosters. 14c: I>. oilers, 20®50c. Cheese— Steady: State milk common to special 27 (@2Bc: Young Americas. 25'A @2Bc. Potatoes—Lone Island. $5,250*6.50: Southern. $4.5007.75: Maine. $4.7506: Bermuda. $4.60 0 8.50. Sweeet potatoes—Jersey basket, 50c (n $2.25; Southern, basket. $1.50. Butter—Easy: receipts, 12,412; creamery extras, 44'4c: special market, 45@45’/4c. Eggs—Weak; receipts, 50 637; nearby State whites. 26 030 c; ncarbv whites, fancy, 30® 33c; fresh firsts, 23 0 35c: Pacific , coast. 28 0 35c; western whites. 26@2Dc; nearby browns, 28® 32c. Hu United Press CHICAGO, May s.—Butter—Receipts 6.402: creamery. 40 ©4lc: standards, 40J4c: firsts. 30@38c; seconds. 34®) 35’4c; extra, 42Vie. Eggs—Receipts. 24.723; ordinaries. 20@21c; firsts, 22© 3394 c: seconds. 20c: extras, 25Vic. •Cheese —Twins. 23 Vie: Americas. 23'4 @23 Vic. Polutry—Fteceipts, 3 cars: fowls, heavy 23 He; small, 25Hc; ducks. 28c; spring ducks. 33": geese. 17® 18c; lurks. No. 1. 30c; roosters. 13c. Potatoes—Receipts, arrivals, old 80, new 20; on track old 186. new 06: in transit. 863; Wisconsin sacked round whites. $2.6503, mostly $2.0002.05; Idaho sacked russets, $3.00 04.10, mostly $4: Texas sacked Bliss Irtfimphs, $3.000 4.10. mostly $4: Alabama sacked Bliss triumphs, mostly $3.75; Louisiana sacked Bliss triumphs. $3.50© 3.76, poorer low as $3.25. Sweet potatoes—sl @1.50. I Two Are One NEW YORK, May G.—Two little girto tee oft at a golf links here with the lame ball and one club. They are Mary and Margaret Gibb, 15, only living American-born Siamese twins. Thay have a caddy and seem to enjoy the game as much as any other golfers. *

Weakness Predominates— Calf Market Registers 50-Cent Advance. —Hog Trice Rangr— April. \ Bulk. Top. Receipts. 28. I <4.30 @10.75 10.75 8.000 29. 10.00® 10.85 10.90 5.000 30. 10.40 ©ll.OO 11.00 3.000 May 2. [email protected] 11.00 4,000 3. 9.90 @ 10.75 10.75 5.000 4. 10,00 @10.85 10.75 4.500 5. 10.00 @10.60 10.85 5,500 Irregularity marked hog prices at the Indianapolis Union Stockyards today. A few light hogs were around 10 cents lower on the hundredweight, while weight! es and heavy butchers were strong to higher. The bulk of the 5,500 head received and the 352 holdovers, sold at slo@ 10.60, with the top on some light material, $10.65. The Chicago market was around steady with the previous day’s averages, the best bids in early trade being $10.45. Hog Price Range Current quotations were posted on a three-weight basis. For 160-225-pound porkers the rate was $10.40@ 10.60, some at $10.65; 225-250 pounds, [email protected]; 250 founds up, [email protected]. Packing sows cleared at [email protected]; pigs, $10.50 down. In the cattle market, where 1.100 beeves arrived, steers were steady and she stock strong to 25 cents higher. The chief prices were: Beef steers, [email protected]; beef cows, $6.75@ 9.10; low cutters and cutter cows, [email protected]; bulk stock and feeder steers, [email protected]. Market Better Calf prices improved today, being fully 50 cents higher on the hundredweight. Some best vealers sold at $12.50, the bulk downward from sl2. Estimated receipts were 1.100. Little was done in the sheep and lamb pens with the run of 100. Steady prices were asked, the market regarded as quotably steady. The prices established Wednesday were: Top fat lambs. sls; bulk fat lambs. $13@15; bulk cull lambs, $8.50@11. —Horn*— Receipts, 5.500; market uneven. 90 130 lbs. . slo.On m J 0.50 130-160 lbs. 10.50(3)10.60 180-200 lbs . ... 10.50(5 10.65 200-350 lbs 10.35 @IO.BO 350 lbs. up [email protected] —Cattle— Receipts. 1.100: market, steers steady: shestoek stronger to higher. Beef steers [email protected] Bulk stock and feeder steers 7.25 @ 8.25 Beef cows fi.7s(® fl.lo Low cutters and cutter cows. 4.25@ 5.60 —Calves— Receipts, 1.100: market higher. Best vealers [email protected] Heavy calves 5.50(ft 9.00 —Sheen— Receipts. 100: market quotably steady. Ton fat lambs $15.00 quotable Bulk fat lambs 13.00Ci15.50 Bulk cull lambs [email protected] Note Sheep quotations established Wednesday. Other Livestock Bn United Press CHICAGO, May s.—Cattle—Receipts. 13.000: fed steers and yearlings steady to 25c lower: other classes mostly' steady; best weighty steers. $13.75: long yearlings. $12.75; fed steers grading choice holding steady: kinds of value to soil at sl2 down to $lO showing most decline; bulk. $9.85 @ 12: -largely of steer run: Stockers and feeders scarce, bulk $8.25 9.35: light vealers. $9.500110.50 to big killers: email killers and shippers, sll @13.60. Sheep—Receipts, 8,000: practically no lambs sold: few early packer bids Coe below Wednesdays close: bidding sls @ I 15.75 for desirable wooled iambs: good to choice wooled Colorado? np to sl7; sheep steady: few desirable clipped ewes. sBOr 8.50; package good 150-pound wooled ewes. $9.25: deck of good Ohio wethers. I $9.60: few medium and good native spring I lambs, early $17037.25: California springI ers unsold. Hogs—Receipts. 29.000: marI ket slow, mostly 10c lower: heavyweights. $9.75 @10.26: mediumweights. $10.05 @ 10.50; lightweights. [email protected]: light lights. $10(8 10.40: packing sows. $8.60@ 9.25; slaughter pigs, $9.25@ 10.25. Bn United Press CINCINNATI. May s.—Hogs—Receipts. 4,400; holdovers. 787: market steady. 15 @2se lower: 250 to 350 lbs., $0.25® 10; 200 to 250 lbs., $lO @10.50: 160 to 200 lbs.. $10.40 @10.50: 130 to 160 lbs., $10.10(310.50: 90 to 160 lbs. $9.50@ 10.50: packing sows. [email protected]. Cattle —Receipts. 550; calves, 650; market steady: veals 50c higher: beef steers. $9 @10.50:, light yearling steers and heifers, $8.50 @ *0.50: boot cows, $6 @7.25; low cutters ml utter cows. [email protected]: vealers, $8 @l7: btiik stocker and feeder steers. $8.60 09. Sheep—Receipts, 450: market slow-, steady: top fat iambs, sls: bulk fat lambs. $13@15; bulk cull lambs $7011; hulk fat ewes, ss@7; bulk spring lambs. sl6 @ 19. Bi/ Times Special LOUISVILLE May s.—Hogs—Receipts, 2.000: market 10015 c lower; tops, $10.05. Cattle—Receipts. 100; market steady. Calves—Receipts, 300: market for tops 60c higher: others steady: good to choice, $8.50 010.50: medium to good. $6 @8; outs, $6 down. Sheep—Receipts, 50: market steady; fed lambs, $30015; springers, sl7@iß; seconds, sl4 @ls; sheep, $7 @7.50. Bn United Press EAST BUFFALO. May s.—Hogs Receipts, 1.300; holdovers. 339: market 10 @lse lower: 250 to 350 lbs.. $9.75 @ 10.65: 200 to 250 lbs. $10.50011; 160 to 200 lbs., [email protected]*: 130 to 160 lbs.. $11011.15: 90 to 160 lbs.. sllO 11.25; packing sows, $8.75 0 9.25. Cattle —Receipts. 200: calves. $200: market weak to 25c lower: calves 50c lower: vealers. [email protected]. Sheen—Receipts, 2,000: market 25e lower: bulk fat lambs, sl6; bulk cull lambs, $11.50 012.50, Bn United Press CLEVELAND May s.—Hogs—Receipts. 2,000: market steady to 15c lower: 250 to 350 lbs.. SIOOIO.OO : 200 to 250 lbs.. $10.60 010.90: 160 to 200 lbs., $10,76 0 11: 130 to 160 lbs., $11011.25; 90 to 160 lbg„ $11011.35; packing sows. $8.76 @9.25. Cattle—Reeeipts. 150; calves, 300: market steady: beef cows. $0.50@ 7.75: low cutters ami cutter cows. $4.50 @5.50: vealers. $1 I @112.50. Sheep—Receipts, 1.000: top fat lambs. sl6: bulk fat lambs, $15.50 016: bulk cull lambs $10.50 0 13; busk fat ewes. $6 @7. Bu United Press PITTSBURGH, May s.—Hogs—Receipts. 1,500: market steady to 10c higher: 250350 IhR., $J 00 10.25: 300-250 lbs., $10.25 @10.75; 160-200 lbs.. $10.75 011.10: 130-160 lbs.. sll @ 11.10: 90-160 its., sll @11.10: packing sows. $80.8.75. Cattle —Receipts, 60: calves, 60: market steady: beef steers. $10011.40. quotable; vealers, sl3 013. Sheets—Receipts. 500: market weak: top fat lambs. $16.25: bulk cull lambs, $8@11; bulk spring lambs, sls@ Bu United Press EAST ST. LOUIS, May s.—Hogn—Receipts. 13,000: market, generally 10c up: 250 10 350 lhs„ $9,85(0 10.10; 200 to 2o(> lbs., $9.90010.35: 160 to 200 lbs:, $10.25 @10.40: 130 to 160 lbs.. $10010.40; 90 to 160 lbs., $9.75010.40; packing sows. $8.60 08.85. Cattle—Receipts, 1,000; market, steady to strong: beef steers. [email protected]: light yearling steers and heifers, $8.7509.50: beef cows. $6,500 7.75; low cutter and cutter cows, $4.25@ 5.50: vealers. $11.25: heavy calves. So@ 8: bulk stock and feeder steers. SBO9. Sheep—Receipts. 1,000: market, no sales: top fat lambs, $15.85: bulk fat lambs, $15.25015.50; bulk cull lambs, $lO.lO @12.50; bulk fat ewes. [email protected]. Bn Times Special TOLEDO. May s.—Hogs Receipts. 1.100: market 10@J5c lower: heavies. $9 0 9.75: mediums. $10010.50; Yorkers, $10.25010.75: good pigs, [email protected]. Calves—Reeeipts light: market slow. Sheep and lambs—Receipts light: market slow. Cattle—Receipts, 75: market slow.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. May s.—New buyers arc constantly coming into the market and those who have taken profits are ready to rebuy on any reaction. The advance lias given the South an opportunity to sell their remaining stocks. Many have done so. The general demand is still in the market. Buy on breaks.

New York Stocks By Thomson & McKinnon) ————

Railroads— Prev. High. Low. 2:00 close. Atchison ..183% 182% L 83% 182% At Coast Li 180% B & O ...120% 120 120% 120 Can Pacific 179% . ..’ 179% 180 C& O 171 % ... 171 171 C & N W. . 84 % 83 % 83 % 83 C R & P. 100% 99-% @9 % 99% Del &- Hud .207 ... 207 206 % Del & Lack 164% 164 164% 164 Erie 56% .. . 55% 5.*% Erie Ist old 58% 57% 57 1 a 57 % Gt No pfd. 88 Vi 87% 88 87% Lehigh Val. .. ... . .... 133 K C South 59% 58% 58% 58% L & N ... 137 MK& T. . 47% ... 47% 47% Mo Pae pfd 104% ... 104 104% N Y Ceil ..149% 148% 149 148% N Y NH4H 50% 50 % 50% 50% No Pacific.. 87 % 86% 87 80% Nor &W.. 177 v ... 177 170% Pere Marq 119 . .. Xl9 119 Penney ... 01% 60% 61',a 61% Reading ...113% 112% 113 192% South Ry . .123% 122% 123% 123% South Pac .113% 113% 113 113 St Paul... 15% 15 15% 15 St Paul bfd 23-s* 23% 23% 23% St L & S W 73 St L& S F.113% 113 113 113 Union Pac .173 IjTI 172 '172% Wabash ... 07% (77% 07% 67% Wabash pfd. 94% ... 94% 95 Rubbers— Ajax 10% ... 10% IJ)% Fisk 18 ... 17% 18 Goodrich .. 50% ... >5% 56% Goody pfd .110% 110 110% 109% Kelly-Spg... 24% 23% 23% 24% U S Rubber 57% • 56% 58 % 57% Equipments— Am Car & F .103% Am Loco .110% ... 110 110% Am Sti Fd. . 43% .. . 43% 43% Bald Loco .193 190% 193 190% Gen Elec ..100% 97% 100 98% Lima .... 71 % .... 7(1% 71 % N Y A B. . 43% 43% 13% 43 Pres Stl Car 02 62 02 % Pullman ..177% 170's 117% 176 Wstli A B 153% 152% 152% 152% ! Wath Elec. 74 72*.. 71 73% [ Steels— Belhle ... 52 % 51% .52 % 52% Colo Fuel. 88% 87 *S 88 % 87' 4 Crucible .. 87 80% 86 % 80 'a Gulf St Stl . . . ... . . . 54 % Inland Stl. 43% ... 43% 43 I’h R C t I 42% 43% 12% 42% Rf p Steel.. 66 % ... 66 % 00 % Sl-Shert .. 127% ... 137% 127 U 9 Steel. 108% 100% 108 166% Alloy ... ... 27 % Vanadium .47 ... 47 47 Motors— Am Bosch. 16% ... 16 18 Chandler .. 35 ... 24 % 35 Chrysler .. 44 % 43% 14% 43% Con M 0... 12 % 11% 12 11% Dodge 19% ... 19 % 19% Gabriel ... 41% 10 40% 38% Gen Mot.. 198 190'., 198 196 % Hudson ... 78% 76% 77% 70% Hupp .... 20 19% 30 20 Jordan ... 18 ... 17%‘ 11% Mack .... 114 111 114 111 % Mar Par ... ... 19 Moon 9% 9% 9', 9% -Nash 01% Oils 61 % 61% Packard .. 35% 34% 35% .34% Peerless ... 25% 23% 25 23% Pierce-Arr.. 16% 14% 14% 16 | Studebkr... 54% 58% 54 53% Stew War.. 63 02% 02% 04% Timken .. 98% 92% 98 91 ■% Willys-Over. 20% 19% 20% 20 White Mo.. 48% 47 47% 47 Mining— Am Smelt 149 % 147% 148 % 147% Or De Pas 61% 61% 61% 61% Inspir .... 18% 18*4 18% $ 18 lnt Nick.. 68% 57% 57% 57% Kennec .... 05 ... 04% 04% Tex G & Sul 02 % 61 % 02 61 % U S Smelt. 30% ... 36 36% Oils— At Ref... 109% ?. . 109 % 110 Cal Pete... 26% 3.5% 35% 35% Frep Tex.. 07% 04% 0 7 4 % Houston .134 131% 134 120% Indpend Oil 20% 10% 20% 19% Marland Oil 89 37% 39 37% Mid Con Pet 30% 30 30% 30 P A Pete B 58 % 57% 58 58 Pacific Oil. . . ... .. . 1 % Phillips Pet 43% 42 43%' 41% Union Oil. 44 42% 4.3 % 43% Pure Oil .. ‘.’7% 27% 37% ‘.’7 Royal Dteh 49% 19% 49% 49% Shell 38 27% 28 27% Sinclair ... 18 17*4 17% 37% Skelly .... 27% 26% 27% 26% S O of Cal 65 5.3% 55 - 54% S O of N .T .36% .35% 36 35% 8 O of N Y 30% 30% 30% .30% Texas Cos . 40% 46% 46% 40% Trans Pete .4 ... 3 % 4 Industrials— Ad Rumely . . ... ... 13 Allis Chal 107% 107 107 107*. Allied Chm 140% ... 140% 340% Armour A. 8% 8% 8% R, Amer Can . 49 48% 48% 49 A II and L . . . . <(•% AH&L pf 53 ... V 52 % 53% Am Saf Raz 49% . 49 • 4 9 Amer Wool 21 19% 20% 39% Central L.. .. ... ... io% (Tea Cola 107% 306 % 107% 108 Cent Can . 65% 04 65% 05% Certaxnteed, . . ... ... 51 u. Davis Chm 27 . . . 26% 27 Dupont .. 247 245% 246 ;40 F Players .111% . . 110% 110% Gen Asphalt 77 75 77 * 7514 lilt C Engr 54*4 51% 52% 54 lilt Paper.. 50 % 48% 49 49% lnt Harv ..164% 3 <l3 54 J 4 16.3% May Dp St 72% 71% 72% 73 Mont Ward 06% 05 60 % 06% Nat Lead. ... ... . 193 Owen Bottle 79 ... 77% 78 Radio .... 45% 44%. 45 44 Real Silk .. 45 % ... 45% 45% Rem Type. 43% 43% 4.3% 4.3% Sears Roeb. 54% ... 54% 54% United Drg ..171% 170% 171 17.3% Univ Pipe.. 32% .... .11% .32% Us c 1t.232 231 231 230% U S In A!.. . . ... 75 % Woolworth 143% 141% 143 141% Utilities— Am TANARUS& T 166% 166% 166% 166 Am Express . . ... ... 1.10 Am W W. , 81 % 81 % 81 % Brklyn Man. 66 Vi 64% 65% 04% Col Gs &El 92% ... 93% 92% Cons Gas. . 99 % ... 98 % 98 % Interboro .. 4.3 42% 43 42% No Am Cos.. 49% 48% 49 48% Phila Cos. . . . . . ... 108 Peoples G .140% 138% 140 1.37% S Gas & El. . 57 % 56 57 % 56 % West Union 161 % ... 161% 163 Shipping— Am Tn Corn 45% 45 45% 44% Am S & C 4% ... 4% 4 % Atlantic G ... ... .35 In M Mpld 43*i 12% 42% '42% United Fr .128% ... 128% 127% Foods—r Am Sugar.. 89% ... 89% 98 A B Sugar. 19 ... 19 19% Austin N .. . . ... ... 5

Local Wagon Wheat

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

Commission Row

PRICK TO RETAILERS FRUITS Apples—Box apples—Wlnesaps. $2 85® 3: Delicious. $4. Extra fancy barrel apples—Rome Beauty. $4.76; Russets. $4.50; York Imperials. $4: New York Baldwins. $4.50: Ben Davis. $3,75 0)4.50. Fancy'barrel apples—Baldwins $3.75; Rome Beauty. $4.25; Ben Davis. $3.50. Basket apples (40-lb. basket) —Romo Beauty. $1,75 0 2.25: Wlnesaps. $1.75; Baldwins. $1.50: Bab Davis, $1.25. Bananas (jobbing pricel—4®sc lb. Grapefruit—Fancy. $4.25. Lemons —California. $3.7504.25. Limes—California. $3 per hundred. $4.75 06: fancy. $4,250)5.50. Oranges—Florida Valencias. $4.50® 5.50 crate: California navels, extra fancy. $4.7506: fancy. $4.2505.50. Strawberries—Tennessee. $4.50 05.50 a 24-qt. case. VEGETABLES Asparagus—California. $0 07 crate: H. G. fancy white. 75c: 75e @51.23 doz.; green. $1.75 doz. Beans—Louisiana stringless. $4.50® 5.50 per hamper. Brussels -Sprouts—Fancy California 30c pound Cabbage—Mississippi. $5.50 crate. Cauliflower—Crate. $2.75. Celery—Florida. 3 and 4-doz. crate, $4.50; Mammoth (washed). [email protected] aoz. Corn—Texas. $2.75 bu. Cucumbers—Hothouse. 2 doz.. $2.25. Eggplant—Florida. $1.50 0 2 doz. Garlic—California. 12He lb. Kali H. G.. $1.75 bbl. . Lettuce—lceberg, ort.. $6; H. G. hothouse. $2,10 15-lb. basket. Mangoes—Florida peppers $5.50 crate; $1.50 neck. Mushrooms—Pennsylvania. IV4 lbs.. Onions—Texas yellow, $3.50: Texas whites. $3.73 crate; H. G. green. 45c doz. Onion Sets—Fellow. $2.25 bu.: red. $2.25 bu.; white. $4 bu. Parsley—H. G.. 50c per bunch: southern. 75c doz. , leas—Misslsslpp, $2.50 hamper. Potatoes—Michigan whites, 150 lbs.. $5.50: Russet Burbanks. 150 lbs., $5.50: Red River Ohlos, 120 lbs . $5; Idaho Russets, 100 lbs., $4: Idaho bakers. 6070e, $4: Triumps. 100 lbs.. $4.75: new Florida. [email protected]>0. Radishes —Southern long reds, 25c: hothouse buttons. $1.25. w Rhubarb—H. G.. 30e doz. * Root Vegetables—Turnips, bu.. $1.50: garsnips. bu.. $1.25: carrots. California, u., $2: Texas, bu.. $2: Louisiana beets. $4.5005 hamper. Seed Potatoes—Maine eobblers. 130 lbs.. $6: Red River Early Ohios, 120 lbs.. ss' Rural New Yorks. 150 lbs.. $5. Spinach—Texas, $1.5001.75. Sweet Potatoes;—lndiana Jerseys, bu., 51.50. Tomatoes—Six-basket cr\ $3.50 @6.

THE INDIANAPOLIS TIMES

Beech N. . . 53 . .. 53 52 % Calif Pkg .. 07% ... 67% 66 Corn Prods. 60 % ... 00 % 60 Cuba C pfd ... ... 42 V* Cuba A Sue . . ... ... 24% Fieisohjpann 65 ... 01% o 4 % Jewel Tea. . . . • 64 Nat Biscuit 124% 123% 124 124 Punta Ale. ... ... ... 39% Postum ...100 98% 98% 99% W Bk B 31% Tobaccos Am Suma. 56% ... 5.i% ao% Am Tob . .131 ... 1.31 *31% Am T B ... 130% 129% 130 130% Cons Cigars 80 79 % 80 79 % Gen Cigars 58 ... . 58 58 Liggett .. . .100% .. . 100's 100% Lorillard ..25% ... 25% 25% R J Reyn. 121% ... 121% 120% Tob P 8... 98% 98% 98% 08% U Cig Stor 87% ... 87 % 87% Schulte R S 54% 53 53'% 51 APRIL BUSINESS FAILURES LESS Lower Mortality in Accord With Seasonal Trend. Tin 'limes Speeial NEW YORK, May s.—Following tile seasonal trend, a lower commercial mortality is reported to R. G. Dun & Cos. for April. Totaling 1.9G8, last month s commercial defaults in the United Sdates are about 8 per cent below tire 2,143 insolvencies of March, while the April liabilities of $53,155,727 are approximately 5.2 percent under the $57,590,903 of the earlier period. When comparison is made with the returns for April, 1926, the record of the number of failures, which is the best measurement of the business mortality, maizes the more satisfactory exhibit. Thus, last month’s defaults are less than 1 per cent above these for -April of last year, whereas the present indebtedness shows an increase of about 38 fter cent over the $38,487,321 of a year ago. In point of number of insolvencies, the decrease from March to April of last year was only 1.3 per cent, which is a relatively less favorable showing than is made by last, month’s statement. The maximum number of failures for April was reported in 1922, with a total of 2,167. The highest liabilities for that month were established in 1922, when the amount exceeded $73,000,000. About 51 per cent of last month's indebtedness was accounted for by defaults involving SIOO,OOO or more in each instance, such insolvencies numbering seventy-five and aggregating more than $31,000,000. In contrast, similar failures in April, of last year numbered sixty-three find had liabilities of only some $17,500,000. Hence, the large defaults a year ago supplied about 45 per cent of the total liabilities ror the month.

In the Sugar Market

By Thomson & McKinnon) NEW YORK. May 5.-—The sugar futures market redects a more confident, view of sugar H ade prospects, but makes slow pr *gress because of the limited demand fur both raw and refined. There is little news, but so far as can be seen now the relation of supply and demand will be favorable to prices. It becomes more apparent from day to dey that the tendency is to discount such a condition. NEW ‘FIST’ CASE DELAY Dorothy Markayc to Appear Again Monday When Kelly Goes to Trial. Bu United Press LOS ANGELES, May s.—Dorothy Mackaye, actress wife of Ray Raymond, alleged “bare knuckle murder” victim, was granted another delay today when she appealed to plead efiarges in connection with her husband's death. With her co-defendant, Dr. Walter Sullivan, the actress appeared before Superior Judge Charles Burnell and asked arraignment on charges of being an accessory after the fact and compounding a felony be delayed until Monday. Counsel for Miss Mackaye indicated demurrers to the indictment probably will be filed Monday, the day Paul Kelly, husky screen juvenile, goes to trial for murder of Raymond in an alleged fight, over Dorothy. Wolves Spread Rabies LENINGRAD. Russia, May 5. Nearly 350,000 persons have developed hydrophobia in Russia within the past year, according to figures of the Pasteur Institute, which is unable to accommodate half the patients. Half a million wolves said to be ravaging the countryside are responsible for the deadly scoui-ge.

Butler University Band to Play Friday

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Under direction of J. B. Vandaworker the Butler University Band will play a special Music week program on the south steps of Monument Circle, Friday at noon. Vandaworkel’ announces the following program vy&icb will feati&q Miss

WHEAT RULED BY BEARISH TONE ON CHICAGO MARKET Traders Believe Corn Will Continue Advancing to Higher Prices. Bn United Press CHICAGO, May s.—With Liverpool again considerably higher than expected, and with the Southwest reporting heavy rains, sentiment in wheat at the opening of the Chicago I Board of Trade was quite bullish, I with quotations >4 to % higher than 1 yesterday's close. Although the general belief among local traders appears to be that the rise has gone I far enough and a decline in the technical position is not impossible, a number expressed themselves as bullish and said the short interest has been reduced, at the same time adding that any adverse crop news would cause an advance. 1 May corn is up 9 cents from the recent low and many traders believe that it will go higher. Opening prices were % to V 2 higher than Wednesday's close. The market, it appears, is giving an example of I what can be accomplished by concentrated speculative action. The professionals who are buying apparently have dug under the surface and found something to convince them that corn is too cheap. Oats opened (unchanged to *4 higher than the previous close. There is no feature in the news to bring either buying or selling and prices continue to follow leadership of other grains. Provisions opened unchanged. Chicago Grain Table —May 5 WHEAT— Prev. Open. High. Low. Close. close. Mav 1,39% 1.41% 1.39% 1.41% 1.39% July 1.34% 1.35% 1.34% 135 1.34 Sent 133% 1.32% 131% 1.32% 1.31% CORN— May. .78 .79% .77% .79% .77% July. .82 .84% .81% .84% .81% Sept. .80 .88 .85% .87% .85% OATS— May. .47% .48 .47% .47% .47% July. .47% .48% .47% .48 .47% Sept. .45% .46% .45 .48 .45% LARD — July 12.57 10.57 12.50 12.50, 10.57 Sent 32.77 12.80 12.70 12.7<f 13.77 Tubs— Mav nominal 13.20 13.60 RYE— May 1.10 1.11% 1.10 1.11% 1.09% Juiy 1.07% 1.08% 1.07% 108% 1.07% Sept. .98% .98 98% .98% .08% Bn Timet Special CHICAGO. May 6 Carlota Wheat. 22: corn. 81; oats. t 7; rye. 1. 1 Bn Times tsprrial CHICAGO May s.—Primary receipts: Wheat. 598.000. against 479.000: enrn, 309 000. against 4/7.000: oats. 306 000. against 307.000. Shipments: Wheal, 562.000. against 486.000: eorn, 495.000. against 088,000; oats 629.000, against 700.000. Bv United Press CHICAGO, May s.—Cash grain: Whea—No. 2 red. $1.42: Nn. 3 red. $1.41: No. 4 red. $1.36% @1.38: No. 1 hard. $1.48%: No. 3 hard. $1.45: No. 3 hard. $1.44; No. 4 hard. $1.40® 1.42. Corn No. 2 yellow. 80%o: No. 3 yellow. 77c; i No 4 yellow, 73@ ,4tic: No. 5 yellow. 172 @73 %e: No. 6 yellow, 71 % 0 74c: No. 2 mixed, 70 %c: No. 5 mixed. 72%c: No. 0 mixed, 71 %c: No. :> white. 77@70c: No. 4 white, 74@75c: No. 5 white, 72c: No. 0 white. 71%@72c: sample grade. 06@H8e. Oats—No. 3 white. 49 051 %e: No. 3 white. 46% @4O %c: No. 4 while. 420 47c: sample grade. 41 C.*l4c. Barley—B4 @ 88c. Timothy—s4.3s® 5.35. Clover—--529.25 @;m. I Bu United Press ! TOLEDO. May s.—Close: Wheat—No. 3. $1.4001.41. Corn—No. 3, 83@84c. i Kve—No. 2, $1.12. Oats—No. 3. 51 0. I 52a Clover—Cash, domestic. $20.50; ; eath. imported. $16.75: Octobesr $16.50. ! Timothy—Cash, new, $2.70: May, $2.70. Alaike—Cash, $24. Butter—44 @ 47c. Eggs—2o® 22c. Hay—s2s. NO MENTAL DRAG IN BEING TWINS Scientist Announces Results of Survey. Bu United Press > 1% MADISON, Wis., May 6. Do twins tend to become more like each other intellectually as they grow | old and does the fact of their being a. twin impose an intellectual handii cap upon either of them? The answer to both of these questions has been announced by Prof. Curtis Mcrrlman, Unlversit" of Wisconsin psychologist, following a psychological examination of some 200 pairs of twins, all pupils in the elementary schools. He found that older pairs of twins did not resemble each other Intel- ; lectually any more than did younger i pairs. Hence his answer to the first question is that twins do not become more alike mentally as they grow older.

The Butler University Band.

Kathryn Bowlby, a Butler student, j as soloist: March*—‘‘First Corps Cadets" Fulton “My Old Kentucky Home With Variations ’ Barnes Thomas Abbott, trumpet soloist. “The Escapade, a Potpouuri".. .Eisenberg "A Love Call" Chepette Henry Herbert, trumpet soloist and student conductor _

‘Prettiest -— Mrs. Coolidge

I

Jane Kendall. Washington society beauty, has been described by Mrs. Coolidge as "the prettiest girl who ever entered the White House." Must be right! This charming shot of Jane was made upon her return to New York from Paris where she bought a trousseau for her marriage to George Grant Mason Jr.

FOR MEN Our Washington Bureau has put up a packet of six of its interesting bulletins intended for the "man of the house.” If you want your set, they are waiting for you at Washington. The bulletins are as follows: \ 1. AUTO CAMPING AND |4. SIMPLE PLUMBING RETOURING. j PAIRS. 2. AUTO PAINTING AT , 5. HOME CONVENIENCES. HOME. 6. THE VACATION DOCTOR 3. HOME GARDENS. | AND FIRST AID. Fill out the coupon below and send for them: CLIP COUPON HERE. MEN S PACKET EDITOR, Washington Bureau. Daily Times, 1322 New York Avenue, Washington, D. C. I want the Men's Packet, including six bulletins, and inclose herewith twenty cents in loose, uncanceled. United States postage stamps or coin for same, to cover postage and handling costs. Name Street and No City State I ani a reader of the Indianapolis Times.

Coolidge Pleased Over Tight Hug

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President Cool’dge seems mighty happy over the Idea of a tight hug from little Miss Elizabeth Anne Stitt as she presented him with a “Buddy” poppy. But Elizabeth's expression seems <0 say that she gave the hug grudgingly.

i "Collegian" Arr. bv Halit" “Rose Polka" De Ville Glenn Barret, trombone soloist. “Alda Overture" McGaughey Vocal—(a) “I Passed By Your Window." (b) “Just a Cottage Small." Miss Bowlby, contralto. "I'm Looking Over a Four-Leaf Clover" Dixon “Butler War Sonc" r - Scored lor band by Vaodaworker

SOVIEFLAWPUI ! BOY MUSICIAN IN RED TAPE COILS Nine Certificates Obtained Before Lad Could Take Lessons. Bu United Press MOSCOW, May s.—Russian “red tape” demanded and got nine certifi- ! cates for such an innocent business as arranging a boy’s music lessons i here. ! Peter was musical so Peter's father thought it would be wise to give ! him music lessons. The father went to the State Musical School in Mos- | cow. j He had first to present a sworn j application for his little son’s admis- , slon to classes in piano playing. Then he was required to furnish a I sworn certificate of his own salary j and another official statement to ; show the number of persons depend- ' ent on him for support. Proof of Job I He was sent off to procure a stateI ment from the foreman of the factory at which he works to prove that Ihe works there, and back to his j housing committee for a statement of his monthly rent. | He then had to get a certificate | from the commissioner of health proving that his little son had been I vaccinated and another from the dis- ) trict doctor testifying to the boy’s j general state of health. Statement of Age j Then he was sent to the Bureau of Vital Statistics for a statement of the boy’s age and to the Commissioner of Education for a statement showing the school the boy attended and the class in which he is rated. Then, worn out running about, he J presented himself at the State Musical School with his armful of statements and was told that, after all, his boy could not be admitted because ho had not had any previous musical training. SEEK PARKS BOULEVARD Extended Drive Would Connect Riverside and Holliday. The park board this afternoon heard the proposal to extend Cold Spring Rd. making it a boulevard and connecting Riverside and Holll day Parks. A delegation urged the improvement as a means of providing a beautiful north side drive along the scenic White River bluffs. It was understood a delegation of club women would protest the plan. The board was to consider a list of some 200 playground matrons and instructors submitted by Recreation Director Jesse P. McClure.

PAGE 13

MORRIS BRIDGE ? CONTRACT LET FDR $268,500 Decide to Lengthen, Repair Span After Wrangle Between City and County. The National Concrete Company, 1017 Lemcke Bldg., was awarded a contract to repair and lengthen the Morris St. bridge at White River in conformity with the flood prevention program following a wrangle between the board of works and county commissioners Wednesday. The low bid of $268,500 of the National Company was accepted reluctantly by the board because it failed to provide for anew structure. "Taxpayers’ Interest'’ County Commission President Cassius Hogle insisted on the remodeling, bid "in the interest of taxpayers.” while Virgil Vandagrifft, board president. and Frank C' Lingenfelter, cityengineer. recommended, widening the bridge to eighty feet with a sixtyfoot road way. The contract provides for the extension of the bridge which has a; 38-foot roadway. Lingenfelter reeom -* mended the contract be let to the. Stein Construction Company. Milwaukee, for $127,000, which was the, lowest bidder on the wider bridge. City Sought Wide Span The city officials held the narrow bridge would not meet with plans of the city plan commission to widen Morris St. as a main thoroughfare. Vandagrifft suggested a compromise by rejecting the bids and allowing all companies to submit prices on the repair and extension project. Only National Concrete offered figures money could be saved by asking all to bid on the repair plan. Board Member Frank Cones, who also has a county council seat, joined with the county forces in making c motion to award the bid to the National firm. John W. Friday seconded the motion. Start of Flood Program Lingenfelter declared that $75,000 could have been saved if bids wero rejected and other firms allowed to bid on the repair plan. "There is some question about the legality of the award since the .competing bidders did not understand there might be an alternative bid." Lingenfelter said. Figured on a unit basis the National bid was more than double the price bid by the other firms on anew span, he said. Engineer Lingenfelter cited the insufficient footing of the College Ave. bridge which toppled recently into Fall Creek and warned against inadequate piers tn urging a new and wider Morris St. span. First Flood Step Letting of the contract was the first step in the $2,760,000 flood prevention program between Morris and Raymond Sts. Cost will be paid 45 per cent by each th city and county and 10 per cent by benefited property owners. The delay in dredging of the channel and niilding of levees by the city is holding up a parr, of the $14,000,000 Belt Railroad track elevn-* tion agreement. The part between W. New Y'ork St. and English Ave. must be begun thirty days after the city lets the contracts and completed in ten years. Russians Chinese Held Begin Hunger Strike Bu United Press PEKIN, May s.—The fifteen Russians held by Chinese authorities pending trial on charges of actievities subversive to the Pekin government have gone on a hunger strike. Russian consular officials were informed today. They were arrested when Chinese police raided soviet embassy prop* erty several weeks ago. Several Chinese captured at the same time have betn executed.

THE STAR GAS MIXER SAVES GASOLINE See Page 10

W Payments as Low as $1 a Week THE UNION TIRE CO. Geo. Medlam, Pres. MA in 6273 Cor. S. 111. and Georgia St. Or 3 Till 8:00 p. m.

NEW MOTOR COACH SERVICE —TO—LOUISVILLE, KY. and Intermediate Points Coaches leave from Indianapolis Bus Terminal 11:20 A.M. 3:30 P.M. Phons, MA in 4300—4501 INTERSTATE PUBLIC SERVICE COMPANY ,