Indianapolis Times, Volume 38, Number 339, Indianapolis, Marion County, 9 May 1927 — Page 11

MAY 9, 1927

WEEK OPENS WITH CUT IN PORKERS

HEALTHY ADVANCE MADE BY STOCKS; MANY NEW HIGHS Several Record Levels for Movement Established on N. Y. Exchange.

Average Stock Prices

Average of twenty industrials Saturday was 1(37.94. up .09. Average or twenty rails was 133.55. up .47. Average of forty bonds was 97.69 up .11, new high. Bn United Press NEW YORK, May 9. —New highs on the movement were reached in many sections of the list in an orderly, healthy advance on the stock exchange at the start of the new week. Strong leadership was furnished .by seasoned dividend issues, enjoying good standing as investments for the business man. Fresh impetus to the steady upswing of stocks of this class was' given by announcement of the Treasifry Department of the intention to redeem on Nov. 15 approximately $1,700,000,000 second Liberty 4s and converted ifts. In view of the outlook that many holders of these securities will not be willing to accept a. lower rate of return, it was expected that Secretary Mellon’s refunding program would add substantially to the volume of funds seeking employment in preferred and common stocks with well fortified dividends. Moreover, it is generally believed that the tendency toward depreciating yields in the high-grade bonds will be emphasized by the rate which will be established on the new, issues which the Government will offer.

Banks and Exchange

INDIANAPOLIS STATEMENT —May 9 Local bank clearings were $4,166,000; debits, $7,068,000. NEW YORK STATEMENT Bn United Press NEW YORK. May 9.—Clearings. $477,000,000; balances. $89,000,000. FOREIGN EXCHANGE Jill United, Press NEW YORK. May 9.—Foreign exchange closed irregular. Demand sterling, $4.85 Vi. up .00 1-16; francs. 3.91 %: lira, 5.46 c, up .08ftc; belga, 1.3.89ftc; marks, 33.68 Vic.

Commission Row

PRICE TO RETAILERS FRUITS Apples—Box apples—Winesaps, $2.85® 3; Delicious, $4. Extra fancy barrel apples—Rome Beauty. $4.75; Russets, $4,50; York Imperials, $4; New York Baldwins. $4.50; Ben Davis, [email protected]. Fancy bar,l el apples—Baldwins $3.75; Rome Beauty. 154.25: Ben Davis. $3.50. Basket apples (40-lb. basket) —Rome Beauty. $1.75 @ 2.25; Winesaps. $1.75; Baldwins. $1.50; Ben Davis, $1.25. Bananas (jobbing price)—4@sc lb. Grapefruit—Fancy. $4.25. Lemons—California. $3.75 @4.25. Limes—California, $3 ppr hundred. $4.75@6; fancy. [email protected]. Oranges—Florida Valencias, $4.50 @ 5.50 crate: California navels, extra fancy. $4.75@6; fancy. [email protected]. Strawberries—Tennesse, $4.50 @5 a $4.75@6; fancy. [email protected]; California Valencias, $4.50 @:>.so. VEGETABLES Asparagus—California. s6@7 crate; H. G. fancy white, [email protected] doz.; green, $1.75 doz. Beans—Louisiana stringless. $4.50® 6.50 per hamper. Beets—Louisiana, s4.so@f> per hamper. Brussels Sprouts—Fancy California 30c pound. Cabbage—Mississippi, $6 crate. Carrots—California. $2 Du.; Texas, $2.26 bu. Cauliflower—Crate. $2.75. Celery—Florida. 3 and 4-doz. crate, $4.50: Mannoth (washed). $1.50 doz. Corn—Texas. $2.75 bu Cucumbers—Hothouse, 2 doz.. $2.25. Eggplant—Florida. $1.50@2 doz. Garlic—California. 12ftc lb. Kale—H. G.. $1,75 bbl. Lettuce—lceberg, crt.. $6; H. G. hothouse. $2.10 15-lb. basket. Mangoes—Florida peppers $5.50 crate; $1.50 peck. Mushrooms—Pennsylvania. lft lbs.. Onions —Texas yellow. $3.50; Texas whites. $3.75 crate; H. G. green, 4oc doz. Onion Sets—Yellow, $2.25 bu.: red. $2.25 bu.: white, $4 bu. Parsley—H. G., 50c per bunch: southern. 75c doz. Peas—Mississipp, $2.60 hamper. v Potatoes —Michigan whites. 160 lbs.. $5.50: Russet Burbanks. 150 lbs.. $0.50: Red River Ohios, 120 lbs.. $5; Idaho Russets. 100 lbs, $4: Idaho bakers. 6070c. $4: Triumps, 100 lbs., $4.75: new Florida. [email protected]. Radishes —Southern long reds, 2oc: hothouse buttons. $1.25. Rhubarb—H. G., 30c doz. Root Vegetables—Turnips, bu., $1.50; parsnips, bu.. $1.25: carrots, California, bu., $2: Texas, bu.. $2; Louisiana beets. 54.50@5 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., hsl .50. f Tomatoes—Six-basket crt. $3.50@6. BRIDGE CONTRACT HELD Mayor Awaits Legal Opinion on Morris St. Span. Mayor Duvall and Virgil Vandagrifft, board of works president, today continued to hold up the contract.for the repair and extension of the Morris St. bridge over White Kiver awaiting a legal opinion from the city legal department. They desired an opinion on the legality of the a\tard to the National Concrete Company on an alternate bid. Hospitals Plan Day Indiana University hospitals, Robert W. Long an£ James Whitcomb Riley, will observk Thursday as National with other hosof the city. There will be open house throughout the day and In the evening the members of the nurses’ training school will attend special service at Christ Church in honor of Florence Nightingale.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK. May 9.—There, is the same (Umaml for cotton on declines that has h'-’cn there since the first of the year. It is so great that the reactions which should be in order are cheeked before they pet (under way. Nevertheless it does not !>a.v lo be too enthusiastic. The Ion? side looks best, is all I can say until I see the weather map.

Local Wagon Wheat

Local grain elevators are paying 1.27 lor No. 2 red wheat. Other grades are MurctuMKl to u&Eitei * ■ .

Calves Also Decline—Cattle Steady—Sheep Market Quotably Steady. —Hog Price Range— • May ’ Bulk. Top. Receipts. 2. [email protected] 11.00 4,000 3. 9.90® 10.75 10.75 5.000 4. 10.00 @10.65 10.75 4.500 5. 10.00@ 10.60 10.65 5.500 6. 10.00 @10.50 10.60 6.000 7 9.75 @10.60 10.60 3.000 9. . 5,000 In the week’s opening trade at the Indianapolis Union Stockyards the hog market broke 15 to 25 cents lower on the hundredweight. In comparison, Chicago was slow at 15 cents off. Estimated receipts at the local exchange were 5,000 and 636 were held over from the week-end. Most sales were at [email protected], some light material setting a $10.40 top. Hog Prices Meat animals weighing 160-225 pounds went at slo@ 10.35, part of one load at $10.40; 225-250 pounds. [email protected]; 250 pounds up, $9.50@ 9.90. Pigs cleared at $10.25 down and packing sows, $8.25@9. The cattle market opened steady, with a run of 900 beeves. Beef steers were [email protected]; beef cows, j [email protected]; low cutters and cutter | cows, [email protected]; bu k stock and feeder steers, [email protected]. Veal Drops Calves were around 50 cents lower on the hundredweight./ Receipts approximated 700. Best vealers were sl2, the hulk selling at $11.50 down. The sheep and lamb market was little more than nominal, receiving 100 head, all very plain quality. A few spring lambs were $14@15; plain clipped iambs, sl4, and fat ewes were quoted at [email protected]. The bulk quotations were: Top fat lambs, t sls; bulk fat lambs. sl3® 15; bulk cull lambs, sß.so<g>ll. These were actually established Wednesday. —Hogs— Receipts, 5,000: market lower. 90-130 lbs $ 9.75@ 10.25 130-160 lbs 10.00® 10.25 160-200 lbs 10.10@ 10.40 200-250 lbs 9.80@ 10.20 250 lbs. up 9.50® 9.90 —Cattle— Receipts, 900; market steady. Beef steers $ 9.00 © 10.8.> Bulk stock and feeder steers 7.25 @ 8.25 Beef cows . . 6.50 @ 8.50 Low cuttejs and cutter cows. 4.25@ ;>.oo —Calves— Receipts. 700; market strong to higher. Best vealers sll.oo® 12.00 Heavy calves 6.00® 8.50 -SheepReceipts. 100; market quotably steady Top fat lambs $15.00 quotable Bulk fat lambfc [email protected] Bulk cull lambs 8.50 @ll.OO .Note Sheep quotations established Wednesday. Other Livestock Bu United Press CHICAGO, May o.—Cattle Receipts. 23.000: fed steers and she stock steady to 25c lower; yearling steers and hellers showing maximum decline: choice fed steers, all weights, steady, especially weighty kinds; Stockers and feeders mostly steady, scarce $8 @9.50: bulls and vealers steady to weak; best weighty steers. $13.75: several loads. $12.50@13: yearling heifers up to $10.75; mostly $9 @lO on light vealers. few $10.50. outsiders up to sl2. Sheep—Receipts, 1 7.000• market slow generally steady with Thursday, quality considered: good to choice wooled Colorado lambs to packers and shippers up to $17.25; bulk good clipped lambs. sls @15.50; best held higher; most clipped lambs offerings showing signs of grass diet; clipped ewes. $8@:8.50: few clipped feeding lambs, sl2 ft 12.50. Hogs —Receipts 41,000: market slow, mostly 15ft25c lower than Saturday's average: heavyweights. $9.35 ft 9.90: mediumweights $9.65(5i 10.25: lightweights, $9.75 @10.30: light lights. $9.50 @10.26; packing sows. [email protected]. Bu United Press CINCINNATI. May 9 —Hogs—Receipts. 5,000: holdovers. 1.295; market, steady to 10c lower: 250 to 350 lbs., $9.25® 10: 200 to 250 lbs.. slo® 10.40: 160 to 200 lbs. $10.30 ft 10.40: 130 to 160 lbs., $10.25 @10.4(1: 90 to 160 lbs.. $9.25®) 10.40; packing sows, [email protected], Cattle —Receipts. 1.150: calves 700: market strong to 25e higher, veals 50c lower: beef steers, [email protected]: light yearling steers and heifers, $9 @10.50: beef cows. $6 @7.50: low cutter and cutter cows, [email protected]: vealers, s7® 11: bulk stock and feeder steers, $8.50@}9. Sheep—Receipts. 200; market, lambs 50c to $1 lower; sheep, steady; top fat lambs. $13.50: bulk fat lambs. sll @13.50: bulk cull lambs. ss@! 9; bulk fat ewes. ss® 7; bulk spring lambs, sls @18.50. Bn Times Special LOUISVILLE May 9.—Hogs—Receipts, 3.500: market 15e lower; tops, $9.90. Cattle—Receipts, 1,200: market for steers low: others active. Calves—Receipts. 800: market steady; good to choice, sß.soft 10.50; medium to good, s6@B: outs, $6 down. Sheep—Receipts, 1.000: market steady: fed lambs. $14@15: springers, sl7 @18: seconds, sl4 @ls; sheep $7 @7.50. Bu United Press CLEVELAND May 9.—Hogs—Receipts, 5,600: market, 15@25c lower; 250-350 lbs.. slo@ 10.40:. 200-250 lbs.. slo.4oft 10.65; 160-200 lbs.. $10.65® 10.90; 130160 lbs., $10.75 @ 10.90; 90-160 lbs.. $10.90: packing sows. $8.50ft9. Cattle —Receipts, 600; calves. 1,100: market strong: beef steers. [email protected]: light yearling steers and heifers. $9.25 ft 10.25: beef cows, $6.75ft 8.25: low cutter and cutter cows, [email protected]: vealerg, sll ft 13. Sheep—Receipts, 1,200; market slow: top fat lambs, $15.75: bulk fat lambs, $14.50® 15 50: bulk cull lambs. $10.50® 12.50; bulk fat ewes. [email protected]. Bn United Press PITTSBURGH, May 9.—Hogs—Receipts. 4,000: market steady to 10c lower: top. $11; 250-350 lbs.. $9.75 ft 10.25: 200-250 lbs.. $10.25©! 10.80; 160-200 lbs.. SIO.BO @11; 130-160 lbs., $10.90 @11: 90-160 lbs.. $10.90@11: packing sows, sß@ 8.75. Cattle—Receipts. 1.200; calves. $1,400: market steady to lower: beef steers. slo® 11.40; light yearling steers and heifers. sßft 9: beef cows. s7@B: low cutter and cutter cows. $4 ft 5; vealers. sl2 @l3; heavy calves. s9@ll. Sheep—Rec*ipts, 5.500: market steady: top fat lambs. sl6: bulk cull lambs, s7® 11; bulk spring lambs. $15@22. Bu United Press / EAST BUFFALO. May 9.—Hogs—Re ceipts. 11,000; holdovers, 243; market. 10 @2oc lower: 25# to 350 lbs.. $1(1 15@ 10.65: 200 to 250 lbs.. $10.50® 10.90: 160 to 200 lbs., $10.75@11: 130 to 160 lbs., $10.85 ft 11.00: 90 to 160 lbs.. sll ft 11.25: packing sows. $9 ft 9.25. Cattle—Receipts, 2,000; calves. 2,000; market, steady: calves, steady; beef steers. $9.60@12; light yearling steers and heifers, $6 @7.50: heel cows, $4.50®6- vealers, [email protected]. Sheep —Receipts 8.000: market. 25® 50c lower: bulk fat lambs, $15.50 ft 15.75: bulk cull lambs, slo@ 11.50; bulK fat ewes, s7® 7.50. Bu t : nitcd Press EAST ST. LOU;iS. May 9 Hogs—Receipts. 18,000: market 15® 25c lower; 250-350 lbs., $0.35® 9.75; 200-250 lbs.. $9.65ft 10.05; 160-200 lbs., s9.Bsft 10.25; 130-160 lbs., [email protected]; 90-100 lbs.. [email protected]. packing sows. $8.35 ft 8.65. Cattle—Receipts. 3.000: market steady: beef steers, [email protected]; light yearling steers and heifers. $9 ft 10.25: beef cows. s6.soft 7.75: low cutter and cutter cows, $4.25 ft 5.50: vealers. $11.75; havy calves. SB@8: bulk stock and feeder steers. sßft 9. Sheep—Receipts. 1,500; market, lambs weak to 25c lower: top fat lambs. $15.25; bulk fat lambs. sls: bulk cull lambs. $10.50 @11: bulk fat ewes. s7® 7.50. Bu United Press TOLEDO, May 9.—Hogs—Receipts, 650: market 15ft25c lower: heavy, $9.25ft 9.75: medium. slo® 10.35; Yorkers. slo.io ft 10.55: good pigs. $10.40 ft 10.75. Calves —Receipts. light: market slow. Sheep and lambs-r-Receipts, light; market, slow. Cattle—Receipts, light; market steady. Remove 22 More Dead Bu United Press FAIRMONT, W. Ya . May !).—The work of bringing twenty-two more victims of the Everettlville mine disaster to the surface was unjler way, today. The bodies are being removed from the explosion wrecked pit, one at a' time, with a windlass. Forty-six bodies are jret unaccounted

New York Stocks ‘By Thomson & McKinnon)

—May 9 Railroads— Prev. High. Low. Close. close. Atchison ..1821s ••• 181 1 i 182 ft A Coast L 183 182% 183 B. & O. . . .124 122’* 123 122% Can Pac.. 179 ... 179 ISO C. A- 0....177 ft 176% 176 ft 176% C. & N. W.. 87 ft 86 ft 86 ft 86 ft C.. R. & P.looft 99 ft 100 100 ft Del & Hud 211 209 ft 210 Del & Lack 164 ft . 164 ft 164 Erie 55 ft ... 55 ft Soft Eric Ist pfd 58 ft . . 58 58 Gt No pfd 88 ft 88 ft 88 ft 88 ft Lehigh V.. 124 . . 124 124 K C South 59 ft 59 59% 59 LAN ... 139 ft M. K. & T.. 47ft 47 47ft 47% M Pac pfd 104 103% 101 104 ft N Y Cen.. . 150 ft J 49 149 ft 149 ft NY NH A H 50% 49 ft 50 49 ft No Pac.... 87% ... 87% -Si!'-* Nor A W.. 182 ft 179 ft 180 179 ft Pere Marq. 121 . . 121 120% Pennsy ... (lift 61 61st (U ft Reading ... 114 ft 114 114 ft 114% So Railway 125 120 125% j. 24 % So Pacific 113% 113 113 ft 113% St Paul 15 St Paul pfd 23% . 23% 23 ft St LASW 73 ft 72 73 ft .73 SI, A S F 115 ft 113 115 113 Union Pac 177 176 176 ft ITA Wabash ... 68 % 68 681* 68 ft Wabash pd ... ... ... Bo Rubbers— Ajax 10 Oft 10 0% Fisk 17 ft ... 17 % 17 ft Goodrich .. 55 ft 55 ft no Goodyr pfd 11 Oft 110 11 Oft 110 ft Kelly-Sp*... 23% 22% 23 23% U S Rub... 54ft 53 53ft 53ft * Equipments— Am CA F 104 ft . . 103 % 104 Am Loco. ... ... ... Ill’s Am St! Fd. 44 14 44 Bald Loco 190 ft 188 ft 189 ft 188.. Gen Elec... 99% 98ft 99 ft 98ft Lima. 71 ... 70% <0; N V Airb.. 45 44 % 45 4o Pres Stl Car 04 ft 63% 64 Pullman ..178 178 179 Wsth A B . 156 ft 153 ft 165 ft lo.’lft Wsth Klee. 73ft 73 73ft 73ft Steels — Bet hie .... 61st 51 51st Rift Colo Fuel.. 92% 88 ft 91 *9 ft Crucible . 86 ... 86 86 Gulf St Stl 53 53 53 ft Inland Stl. . 43 42ft 42ft 42ft Phil RC A 1 43ft . . 42% 42% Rep Stl 6ft Sl-Shef ... . . • 12 U S Steel.. 160 ft 169 160 ft 100 ft Alloy ... - • ■ , 27 ft Vanadium.. 48ft ... 48ft 48 Motors— Am Bo ... . • . 1,5 ft Chandler .. 23% 25 ’-•> 'j -•_>% Chrysler ... 44ft 41 44 4a% Con M 0.... 12 ft ... 12% 12ft Dodge 21% 21 21’ 21 ft Gabriel ... 40% 40 ft 40ft 40ft Gen Mo ...197'* 190 ft 107 11*0ft Hudson ... 82 ft 79% 81st 70 ft Hupp .... 21 ft 20% 21 20ft Jordan .... 19ft 19 19ft 18ft Mack 110% 115% 116 116 ft Mar Par 17% Moon ... ... ,B]i Nash 63% 03 ft 03% 03 ft Packard ... 35ft 35ft 35ft 35ft Peerless ... . . . . 25 % Pierce Ar ..1 aft .. . 15ft 15% Studebkr... 54ft ... 54 54ft Stew War. 63 .. . 63 63 Timken .. 92% 01st 02% Willys-0 .. 20% 20 ft 20% 20 ft White Mo. 48% 48 ft 48% 48% Mining— Am Sm ...151% 150 ft 150% 150% Anaconda . . 4(1 ... 45% 45% Cer f)e Fas. 01% 61st 61% 61st Inspir ... ... 18% Int Nic 59% .. 58 ft 59 ft Kennee . . . 65 64 % 65 64 ft Tex G A Sul 04 ft 63 % 63 % 64 ft U S Sm. .. 37 % 36 % 37 ft 36 % Oils— At Ref ..,110ft ... 110 110 ft Cal Pete. . . 25’•< 25ft 20 Freep Tex. . 69 1 . 68 ft 68 % 68 ft Houston ~118 ft 116 ft 117% 119 ft Indpend Oil 21st ... 20% 21 Minland Oil 29% 36% 36% 39 ft Mid Cn Pet 31st .. 30% 31st P-A Pete B 58% 58% 58 ft 58% Pacific Oil. . • . . . . Ift Phillips Pet 44% 42% 43 43% Union Oil. . 44% ... 44 44ft Pure Oil.. 27% ... 27% 27% Royal Dtch 50 ... 49 % 50 ft Shell 27% .. 27% 28 Sinclair ... 18 17ft 17ft 18 Shelly .... 27% ... 26 ft 27% SO of Cal. 55ft ... 55 55ft S O of N J 37 ... 36 ft 36 % SOof N Y 30% .. . 30 ft 30 ft Texas Cos . 47ft ... 47 47ft Trans Pet. 4 3% 4 3% Industrials— Ad Rumely . . ... . . 0 12 Allis dial 109 108% 7 (Ml Allied C'hm 139% 138 ft 139 138'-, Armour A. 8% . 8% 8% Atnrr Can. . 49 48% 49 48ft Am HAL . . 9 A H A I, pf 54 ... 54 54 Am Saf Rsz 50 . . 50 49% Amer Wool 1941 ... 19% 19% Central L. . . . 10ft Coca Cola .107% 106 101 ft 106 font Can. . 65 ft .. .\ 65 65 CcrtHinteed. . . .. .* ... 5] Davis Chcm 27% Dupont .. 245 ft 244 % 246 ft 244 F Players .109% . jon 108% Gen Asnhalt 76'. . 75 75 4, Int C Eng. 61 % 50% 5) 51 % Int Paper.. 50% 50 50% 50% Int Harv ,163 ft 163 163% 163% May Dp St. 72% . . . 72 72 Mont Ward 65ft ... 65% 65% Natl Lead.... ... . . 193 Owen Bottle 81 80% 80% Radio .... 47ft 46ft 46", 46% Real Silk . . . ... 46ft Rem Type. 42% 41% 41% 42ft Scars Rocb 54 ft ... 51st 64

Indianapolis Stocks

—May 0— —Stocks— Bid. Ask. Amer Central Lite 550 Amer Creosoting Cos pfd ..101 . .. Belt R R com 66 69 Belt R R pfd 57 ft . . Cent Ind Power Cos pfd ... 89ft 91 (3ties Service Cos com 46% ... Cities Service Cos pfd 91 ... Citzens Gas Cos com 51st 53% Citizens Gas Cos ttfd 106 ... Commonwealth Ln Cos pfd.. 100 ... Equitable Securities Cos com 51 . ~ . Hook Drug Cos com 29ft ... Indiana Hotel com 125 ... Indiana Hotel pfd 100 ... Ind Service Corp pfd 80 91 Indianapolis Gas 60 03 Indpls & Northwestern pfd. . 53ft Indianapolis St Rv 38 ft 39 ft Indpls P and L oft pfd .. 99 ft 99% Tndpls P and L 7s pfd 96 ft 98 ft Indpls Waterworks 2d pfd.. 98 ... Interstate P Ser pr lien pfd. 100 Interstate P S 6s pfd 85 ... Merchants Pub Util Cos pfd. 100 ... North Ind Pub Service .... 92 ft 93 ft Progress Laundry com .... 23 ... Pub Sav Ins Cos 25 ... Rauh Fertilizer pfd 49 Real Silk Hosiery pfd 99 T H I & E com 2 T H I ft E pfd 21 T H Trac and Lt Cos pfd... 90 Union Trac of Ind com 1 Union Trac of Ind Ist pfd. . • 10 Union Trac of Ind 2d pfd. . 2 Union Title Cos com 82 ... Van Camp Pack Cos pfd ... Van Camp Prod Ist pfd ... 89 97 Van Camp Prod 2d 95 —Bank Stocks— Aetna Trust and Sav Cos. . . .115 120 Bankers Trust Cos 132 City Trust Cos 140 ... Continental National 110 ... Farmers Trust Cos 240 Fidelity Trust Cos 102 ... Fletcher American 170 . . Fletcher Sav and Trust Cos. .270 . . . Indiana National Bank 261 270 Indiana Trust Cos 230 250 Livestock Ex Bank 162 172 Marion County Bank 210 ... Merchants Nat Bank 325 Peoples State Bank 190 Security Trust Cos 275 State Savings and Trust ... 82 92 Union Trust Company ... 415 ... Wash Bank and Trust Cos.. .160 ~, —Bonds— Belt R R and Stockyards 4s 90 .... Broad Ripple 5s 80 ... Central Indiana Gas 55.... 98 ... Cent Ind Power Cos 6s 103 . . . Chie S B ft N Ind 5s 3.3 36 Citizens Gas Cos 55..,. - 102 ft 103 Citizens St R R os 85% 87 Gary St Ry 5s 89 ... Home T and T cf Ft W . 103 Indiana Hotel 5s 99 ... Indiana Northern 5s ..... . 2 ... Ind Ry and ftt 5s 95 ... Ind Service Corp 5s 92ft ... Ind Union Trae 5s 2 ... Indpls Col ft So 6a 99 101 Indpfs Gas Cos os 99ft. 100 ft Indpls ft Martinsville 55.... 75 ft %70 ft Indpls Northern 5s 24 ’26 Indpis ft Northwestern 55.. 75ft 70ft Indpls Power ft Light Cos 5s 97 98 Indpls ft S E 5s 1 ... Indpls Shelby ft S E ss. . 1 Indpls St Ry 4s 05 60 ft Indpls Trac and Term os. . . 95 96 Indpls Union Ry 5s 101 ... Indpls Water Wks Sec Cos. .100 . • Indpls Water sfts 103 ft .... Indpls Water 4 fts 95 ft c,.. Indpls Water Ist 5s 98 ... Interstate Pub S 6s 102 ft ... Interstate Pub S Bs 6fts.. 104 ... T H I & E 5s 88 ... 3' H Trac and Light ss. . . 99 ... Union Trac of Ind 0s 14 ft 17 —Liberty Bonds—--Ist 3fts .< 100.80 101.10 Ist 4 fts 103.18 103.32 2d 4',s 100.79 100.80 3d 4 fts 100.70 100.80 4th 4 fts 104.00 104.10. ÜBYr4 ft s 113.80 114.02 U.4Tr 4s 108.86 109.00 US Tr 3fts .■ 105.80 100.00 U SfcTr 3 fts 99.80 100.26 ■ Sales ■lO shares Van Camp Prod Ist pfd.i**B9ft 2 shares Van Camp Prod Ist pfd.Bßft Ifeoj# jfijfea t* otm e W

THE INDIANAPOLIS TIMES

4% United Drg 172 . 172 171% Univ Pipe. 32% 32 32 32 USCIP ... . 278 , U S In Al.. 76% 76 76% 75ft Woolworth 143 ft ... 142% 141% Uttllties— Am Tat 165% . . 165% 16oft A Express 132 ft . . 132 ft l-}'. Am W Wk.. 81 ft .. 81st 81 % Brklyn M. .. . ... ... 66 ft Col G A El 94% 93% 94% 93% Cons Gas. 101% 100 ft 101% 100% Interboro . . .... 44% No Am Cos.. 45% 44 ”4 4a% 48% Peoples G. 142 ft . . 142 143 ft Phila Cos 103 S Gas AEIS7 ft 57 57 ft 5< Wes Union 164 ft 163 ft 104 ft 101st Shipping— Am In Cor ... ... ... 45% Am S & C . . ... ... 4 % Atlantic G . ... ... 36ft 111 M M pfd 45% . 4a 4n ft United Fr. 120 ft 128 129 ft 138 Foods— Am Sugar. 91 ft ... 01 01% A B Sue , . 1% Austin N. . . 5 4 % 5 4ft Beech N... 53 . . 53 52 ft Calif Pkg. 08% 66% 67 67 Corn Prods 00 % 00 V* 00 % *lO ft Cuba C pfd. 43 42ft 43 43 Cuba A Sue .. ... ... 25ft Flieschmann 55 ft 54 ft 55 55 Jewel Tea... ... . . . 65 Nat.Biso .137 128 134 128% Punta Ale. .41 . 41 41 ft Postiim ... 98 97 ft 98 97 % W Bk B. . . 20ft ... 20ft 20ft Tohareos — Am Suma .. 54% ,63ft 54 ft 54% Am Toll ..131 131 130% Am T B . 130 % 130 130% 129% Cons Cigars. 83 81 ft 82ft 80ft Gen Cigars. .. ... ... 57ft Liggett ... ... 101% Lorillard .. 26 26 ft 25 ft 25 RJ Re.v ..122% 122 ft 123 ft Tob P 8.. 99 98% 98% 98% U Cig Stor 89 ft 87% 89 ft 87 ft Schulte R s . . ... ... 33 ft RUTH DOMINATED. CLOSING PLEA (C'ontiifued From Page 1) hundred more persons managed to force their wa yin. It was raining outside and the humidity was intense. Warren Schneider, brother of the slain man, who collapsed in the courtroom last week while Gray was testifying, was a spectator and seemed to have recovered. Invective flowed from Wallace. At one time he called Gray this “miserable piece of flltli.” “They said they would show you he was intoxicated," Wallace told the jury. "Why, to thattAuaconda a quart of whisky accomplished no more than shooting the rock of Gibraltar with a pop-guh. They were going to prove that he was dominated. Why, this man was the superior in experience and education. He had spent his life influencing women. That was his business. Selling intimate garments to women buyers." "Let us npt pin the red badge of courage on that man." he said. "For hereafter if you wunt to kill a man in Queens County you get mixed up with a woman, charge her with domination and hide behind her skirts and you shall go free, a hero.” "Mrs. Snyder Dominated" Wallace said it was Mrs. Snyder who was dominated and said her love letters proved it. It is always the one who has succumbed who writes to her paramour." the attorney thundered. He poured ridicule over the contention that Gray might have been poisoned on the murder night. "I want to plead for this boy as though ho were my own son, gentlemen." So Millard today sounded the defense of Gray, in his closing argument to the jury which will retire before nightfall to decide whether he and his mistress, Ruth Snyder, are guilty of the murder of her husband, Albert. The largest crowd of the trial was present. Notables of royalty, stage and screen were scattered about the audience. The Marquis of Queensterry was unable to find a seat. David Belaasco was pressed into a corner. Peggy Hopkins Joyce waited a half hour to enter. Mrs. Snyder, colorful despite her mourning garb, looked refreshed. Gray was more than ever the neat corset-salesman. As Judd's Friend Millard began quietly. As Judd Gray’s friend in this dark hour, he said emotionally, he wanted to speak solemnly and sincerely in family council. He recited the facts of Gray’s early life, hdw, reared in a "beautiful home” he #iad become church-going, well educated aihl successful. "He married a lovely woman, and a child was born of the union. It was a wonderful life. Not a stain. Not a blot. But in June, 1905, all that was changed. A sinister, fascinating creature came across his path. * “X would not place another burden on the stricken heart of a miserable woman, but you must have the truth. That woman, like a poisonous snake, drew Judd Gray into her glistening coils and there was no escape. “Never Satisfied" "Judd Gray came within the grasp of that abnormal woman, possessed of an all-consuming, all-absorbing sexual passion, animal lust, which was never satisfied." y As Millard became vituperative toward her, Mrs. Snyder leaned forward, her under lip curled slightly. Gray looked at the floor. "He drank and drank and drank,” said Millard, "and when he was so weakened he was far below normal she invariably would broach the subject of doing away with her husband. "That woman used her body to ensnare Judd Gray. She drew him to her. And he became hers. She tried herself to kill her husband.” Millard outlined testimony of the unsuccessful murder attempts. “Remorseless, she kept after her victim until she got him," he said. Whisky Counter-acted Mrs. Snyder had left poison in her home on the night Gray came to kill her husband, Millard charged. I Gray drank it and only by imbibing whisky was he able to save his own life. Millard said. ■ Thus, when the time came for him to strike Snyder with the sashweight he was unable to do it, the attorney said. Xhe poison, he charged, was in a four-ounce bottle found under a pillow In the bedroom of the mother. "I believe that the quart of whisky also left m the room was a counterirritant and saved Gray from mv* laid. t

WHEAT, NERVOUS AND UNSETTLED, BECOMES Eli Corn Under Pressure, but Late Buying Regains All Losses. Bu T nited Press CHICAGO, May 9.—Wheat was nervous and unsettled on the Chicabo Board of Trade today, with the tone, however, showing mostly firm. Strength abroad, with unfavorable weather northwest and in Canada, brought in buying orders from all parts, sending prices up l%c to 2c. Receipts were 68 cars. Tho cash market was steady to fte higher. Corn was under local pressure most of tho session, but late buying regained all losses, with closing’ prices %c to %(• higher. Shipments were 367,000 bushels from here. The weather west and southwest was fair, but east of the Mississippi and in Missouri there were general rains. Receipts were 78 cars. Oats were about steady in a slow and featureless market. Closing prices were fte lower to %c higher. Receipts were 89 cars. The cash market was unchanged. I’rovisions were a little lower. Chicago Grain Table —May 9 WHEAT— Prev. Open. High. Low. Close, close. May 1.41% 1.44 ft 1.41% 144 1.43 July 1.36 1.37% 1.35% 1.37 ft 1.33% Sept 1.33% i.31% 1.33 ft 1.34% 1.33 ft CORNS— May .79 .80 ,78 ft .79 % .79 ft July .83% .84% .83 84 ft .84% Sept .87 .68% .80 % .88 .87% OATS— May .48% .48% .48 .48% ,48 s ; July .49 .49 % .48 41) ft .49% Sept 40 ft .40% .45 40% ,40 ft LARD— * July 12.30 12.37 12.30 17.35 17.35 Sept. 12.50 17 57 12.50 12.57 12.55 RIBS— May nominal 13.00 13.10 RYE— May I.loft 1 11 I.loft 1.10% I.loft • July 1.07 % 1.08% 1.07% 1.07 s , 108 ft Sept ,99ft 1.00 ft ,09ft I.ooft ,99 ft Bu ,Times Sverial CHICAGO. May 9.—Carlols: Wheat. 47; corn. 43; oats. 50. V Bu Times Special CHICAGO. May 9.—Primary receipts Wheat 805.000, against 605.000: corn 505.000, against 084(100: oats 590 000 against 519.000. Shipments: Wheat' 524 000 against 1,183.000: eotn, 704 000 against 498.000; oats. 744,000. against

Produce Markets

Butter (wholesale price) Creamery, best gride, a pound. 44 @ 45c. Hutterfat—Local dealers pay 43@ 44c. Eggs—Strictly fresh delivered at Indianapolis, 18@19c doz. Poultry (buying prlees)—Hens. heTge breed. 20© 22c: Leghorns. 16® 17c; old roosters, 12c: springers. Ift lbs. up. 28@32e: Leghorn springers. [email protected]; dueks. 18c: turkeys, young. 30c: old. 23e. guineas. 35c; geese. lOe Bu United Press CLEVELAND May 9—Butter—Extra in tub lots. 45 ft ©47ft e; firsts. 42® 43c; seconds. 40® lie: packing stock. 28c: prints in one-pound cartons range front 1 to 3 rents a pound above tub quotations. Eggs—Extras. 20c: extra firsts. 250: firsts, 23Vic: ordinary. 220. Poultry—Medium fowls. 27@28c: heavy fowls. 27®28c; few dealers quoting 26e. Leghorn fowls. 25@20e. heavy broilers. 42@45r: Leghorn broilers. 37@38e: cocks. 16@17c: dueks. 30@320: geese. 20 iff 22c. Potatoes —Round whites, 150-pound sack Maine. $5; Michigan. $4.50 @4.73: Idaho russet bakers. 120-pound sacks 4.550: Florida barrels. No. 1. $7.25® 7.50: Ohio 00pound sacas. best $1.40 01-50: Maine twobushel sacks, $3.75. Bu United Press CHICAGO. Maq 9—Butter Receipts. 18.(170; creamery. 40ft @ 41c standards. 4(1 fte; firsts. 30% @3B%e: seconds 34® 36ftc: extras. 42c. Eggs—Receipts. 61. 538 ordinaries, 20© 21 fte: firsts. 22ft @ 23c: seconds. 20c: extras. 25% <• 1 26c. Uheese—Twins. 22 fte: Americas. S3 ft® 23 Vie. Poultry—Receipts, 2 cars: fowls, heavy. 73 fte: small. 27e; ducks. 25c; spring ducks. 30c: geese, 16c: tur.'-s No. 1,25 e; roosters. 14c. Potatoes—Arrivals, old 95. new 80; on track, old 218. new 146: in transit. 724. Wisconsin sacked round whites, old. [email protected]: Idaho sacked russets, asking mostly $4, no sales reported: Alabama sacked Bliss Triumphs. [email protected]: Louisiana sacked Bliss Triumphs. ordinary, $3©'3.25: Texas sacked Bliss Triumphs asking $3.40 @ .1.50. no sales reported. Sweet potatoes—sl @ 1.50. Bu United Press NEW YORK. May 9.—Produce: Flour— Quiet and firm. Pork—Steady. Mess—s3o. Lard—Dull. Middlewest —$12.75® 12.85. Sugar—Raw. firm; 96 test. 4.830; refined, firm; granulated. [email protected]. Coffee—Rio No. 7, 15 ft @ls%c: Santos No. 4. lC@l7ftc. Tallow—Firm. Specials to extra—7%@7%c. Hay—Firm; No. I. $1.30© 1.35; No. 3. sl.lo® 1.20; chiver, $1 10@ 1.25. Dresccd poultrv—QulH; turkeys, 25© 40c: chickens. 20® 38c: capons. 30®46c: fowls. 15®34c; ducks 20© 23c: long islands ducks, 24c. Live poultry—Quiet: geese. 10® 15c: ducks. 12 ®27c: lowls. 20W32cj turkeys. 20©'25c; roosters. 16: capons 35: hroilers. 70©50c. Cheese—Dull: State milk common to special. 27@28c: young America. 25ft© 28c. Butter—Steady: receipts. 6,262; creamery extras. 44%: spt- ial market, 45ft @45%c. Eggs—Weak; receipts. 28302: nearby white fancy. 31 ©33c: nearby State white. 25©30c; fresh grsts. 23©25e; Pacific Coast first to extras. 28 @ 35c; western whites. 25@28ftc; nearby browns. 29®32. Potatoes—Long Island, $5.50: Southern $3.0.3© 7.25; Maine, $4.75® 6: Bermuda. $0®8.50. Sweet potatoes— Jersey basket. 50c®52.50: Southern, basket. $1.50: Southern barrels. $2.50.

In the Sugar Market

(By Thomson ft McKinnon) NEW YORK. May 9.—Sentiment towaro the sugar markets appears to have become more definitely bullish over tho week-end. This has been due to the greater interest abroad in raws as well as to the belief that domestic refiners will find it necessary to buy on a larger scale in tne near future. The newspapers this morning refer to the impending danger to the Louisiana sugar fields. Before the week is over this possibility may become a factor in the futures market. 1 look for a continuation of the upward tendency so evident recently.

Wear Your Glasses While You Pay for Them! Pay Only DB. r. m. beams in charge Examination 50c A WEEK! FREE! Lenses for far ,PDsea (Hied ln —notcenion/eil— F stylish nil-shell all ground in one J C)1 piece— $9.95 Special^^ 42 W. Wash gt. axa 14 AVfiRI Y 47 W. Wash St. Three Doors Three Doors East of Illinois JEWELERS Ka,t ot u,inois Open Saturday Nights • Open Saturday Nights

We Pay ol> Savings THE MEYER-KISER BANK 128 E. Washington St.

INDIANA’S ADIO AND HEIR LAX PAYMENTS FALL Federal Cut Believed to Have Caused Big Drop in Returns. Times 11 ushinnton Bureau. IHi .\rio lark Arenue WASHINGTON, May 9.—lndiana's automobile and inheritance tax payments to the Federal government have dropped greatly, probably in part as a reflection of the cut in both forms of taxation in the 1926 Federal tax law. The State paid $3,937,659 to the Government as taxes on autos and auto parts for the first nine months of the 1926 fiscal year. This was at the old 5 per cent rate, until March 29, 19?6, when the cut to 3 per cent became effective, it paid only $2,796,313 for the nine months of the 1927 fiscal year ending Marcli 31 or less than half the 1926 payments. This was at the rate of 3 per bent. I.ess Mkgiufacturing Because the drop in revenue is considerably larger than .the percentage drop in the rate of taxation, and because a very small part of the 1926 collections were at the 3 per cent rate, it is evident that the decrease in taxes reflects some decrease in manufactures. National collections dropped from $58,000,000 in 1926 to $46,000,000 in 1927. Sharp Decline The drop in inheritance taxes is even greater, from $1,929,818 for the 1926 period to $396,139 for the 1927 period. This is a decrease of almost 200 per cent, whereas national payments decreased only from $97,400,000 to $81,092,000, or less than 20 per cent. Indiana cigar and tobacco manufacturers also paid considerably less taxes the first nine months of 1927 than during the same period in 1926, due to a general decrease in rates by the 1926 tax law. The cigar tax dropped from SBBI,OOO to $497,000, and the manufactured tobacco collections from $57,363, to SS2,S(U. TO ALL HOLDERS OF SECOND LIBERTY LOAN BONDS NOTICE OF REDEMPTION All outstanding Second Liberty Loan 4 per cent bonds of 1927-42 (Second 4’s) and all outstanding Second Liberty Loan Converted 4ft per cent bonds of 1927-42 (Second 4ft's) are called for redcnipthi© on November 15, 1927, pursuant to the terms of their issue. Interest on ail Second 4 sand Second 4 ft'a will cease on said redemption date. November 15. 1927. Holders of Second 4's and Second 4ft’s will be entitled to have the bonds redeemed and paid at par on November 15, 1927. Such holders mH.v, however, In advance of November 15, 1927. be offered the privilege of exchanging all or part of their bonds for other in-terest-benring obligations of the United States. Holders who desire to avail themselves of the exchange privilege, if and when announced, should request their hank or trust company to notify them when Information regarding the exchange offering is received. Further information may be obtained from any Federal Reserve Bank or branch, or from the Commissioner of' the Public Debt, Treasury Department, Washington. A. W. MELLON, Secretary of the Treasury. Washington, May 9, 1927.

SPECIAL Window Shades 36-Inch Oil OPAQUE /jr W. R. BEARD & CO. 451 E. Washington St. The Largest Neighborhood Furniture Store in the State South Side Furniture Cos. 943 South Meridian BUSINESS WANTS YOU Prepare definitely and you can go to work at once. For particulars gee. write or telephone Fred W. Case, Principal. Pennsylvania and Vermont, First Door North Y. IV. C. A., Indianapolis CLOTHES CLEANED WITH AT , Teonarci Belmont 4600. Belmont 4001. 2216 WEST MICHIGAN

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HEALTH & BEAUTY (Ctd.) Malnutrition Motherhood Perfumes and Cosmetics Personality and Charm Reducing Your Weight Sex Education Teeth, Cave of Vacation Doctor and First Aid ENTERTAINING Bridge Parties Festivals and Fetes Games, Indoor Games, Outdoor Old Fashioned Dances Party Menus, Prizes, Favors Unique Shower Parties Valentine Parties Wiy'and Humor SCIENCE Aeronautics Astronomy, Popular Electricity Evolution Pro and Con Fact and Fancy Psychoanalysis Simplified Seven Modern Wonders EDUCATION Choosing a Career Club Woman s Manual Cqramon Errors in English Debators’ Manual Letter Writer's Guide Money, The Story of Nicknames and Phres Parliamentary Law Simplified Scenario Writing Writing for Magazines HISTORY American Wars Congress, How it Operates Flag, History of the U. B. Outline of American History President His Office and Duties President's Cabinet Presidents, Biographies of Presidential Elections Since 1789 States of the Union / Words That Have Made f History World War, History of * HOME ECONOMICS Budgeting and Household Accounts Care of Clothing Child Management Embroidery Stitches Fuel Manual for the Home Gardening /' Home Conveniences / House Plants Household Hints v Household Measurements Household Pests How to Own Your Home Laundering Lampshades, How to Maka Moths and Their Control Plumbing Repairs in the Home Safety for the Household Stains, Removal of