Indianapolis Times, Volume 38, Number 340, Indianapolis, Marion County, 10 May 1927 — Page 11

MAY 10, 1927

HOGS MOSTLY LOWER; SOME STEADY

L NEW INDUSTRIAL AVERAGE SET BY DOW-JONES LIST Monday’s Close Also Disclosed Rail Figure Highest Since 1909.

Average Stock Prices

Average of twenty industrials Monday was 168.15, up .15. Average of twenty rails was 134.08. up .53. Average of forty bonds was 97.77, up .03. Bu United Press NEW YORK, May 10.—Further confirmation of the primary character of the forward movement in the main body of stocks was given by the rise in the Dow-Jones industrial average to anew high record at 168.15 at Monday’s close, simultaneously with anew high since 1909 at 134.08 in the railroad compilation. However, bearish professionals figured that the further increase of $36,932,000 in brokerage loans at this center in the reports as of May 4 indicated that sizable amounts of stock had passed from strong to weak hands and this deduction was made the basis for a selling movement in early dealings. | Pressure on Oils Hudson was offered down I*4 at 8314, while Mack Truck sold off fractionally to anew low on the reaction at 114% and American Smelting to 149%, off %. • Oil shares were subjected to special pressure, Maryland breaking I*4 to 36%. Heaviness in this group was due to crude production figures for the week ended May 7, showing an increase of 46,596 barrels in average daily output for that period. Drop in Mack Heavy selling of special stocks caused some unsettlement in the late morning. Mack Trucks sold down to 113%, off more than 4 points from its recent high, following publication of the report for the first quarter, showing a balance of $1.65 a share , on 713,434 common shares, against $3.32 on 611,515 shares in the corresponding period of 1926. Chicago & Northwestern reacted a point to 88 on declaration of the regular semi-annual dividend of $2 a share on the common stock. Marland continued the center of bearish attention in the oil group, breaking to anew low on the movement at 36%, off 1% from the previous close. At this price it was only % above the year’s low. Bears hammered away at Marland in the belief that the absence of any change for the better in the oil industry indicated Marland directors were likely to suspend dividend paykments at the meeting early in June.

Banks and Exchange

INDIANAPOLIS STATEMENT „ —May 10— Local bank clearings were $4,051,000: debits. $6,790,000. NEW YORK STATEMENT Bit United Press „ NEW YORK. May 10—Clearings. sl,163,000,000; balances, $93,000,000. FOREIGN EXCHANGE Bu United Press NEW YORK. May 10.—Foreign exchange opened steady. Demand sterling, $4,85 7-16; francs, 3.91 %c; lira. 5.37%c, off .08c; belga, 13.89%e; marks. 23.68%c.

Produce Markets

Butter (wholesale price) Creamery, best grade, a pound, 44 0 45c. Butterfat—Local dealers pay 43 044 c. Eggs—Strictly fresh delivered at Indianapolis. 17 @ 19c doz. Poultry (buying prices)—Hens, large breed. 20@21o; Leghorns, 15@17c; old roosters. 12c: springers, 1% lbs. lip, 28(60300: Leghorn springers, 23®25c: ducks, 15® 18c: turkeys, young. 30c; old, 23c: guineas, 35c: geese, 10® 12c. JSu United Press CLEVELAND, May 10.—Butter —Extra In tub lots. 45®47e: firsts. 41 ®42c; seconds, 39 fa! 40c: packing stock. 28c; prints in one-pound cartons range from 1 to 3 cents a pound above tub quotations. Eggs —Extras. 20c: extra firsts, 25c; firsts. 24c: ordinary, 22c. Poultry—Medium fowls. 27®28c; few dealers quoting 26c: Leghorn fowls. 25@26c: heavy broilers. 42® 45c: Leghorn broilers, 37® 38c: cocks, 16® 17c: ducks, 30® 32c: geese. 20®22e. Potatoes—Round whites, 150pound sacks Maine, $5: Michigan. $4.50® 14.75: Idaho russet bakers. 120-pound sacks 54.50; Florida barrels. No. 1. $7®7.25: Phios, 00-pnund sacks, best $1.40®1.50: Maine two-busliel sacks. $3.75: 100-pound bag triumphs, $3.75. Illi United Press NEW YORK. May 10.—Flour—Quiet and firm. Pork—Quiet: mess. S3O. Lard -—Dull; middlewecst, $12.75® 12.85. Sugar ■ —Raw, quiet; 96 test, 4.83 c; refined, steady: granulated. 5.95® 6.20 c. Coffee —Rio No. 7. 15%@16%c: Santos No. 4. 17® 17He. Tallow—Firm; specials to extras, 7%®75ic. Hay—Firm; No. 1, $1.3001.85; No. 3, $1.1001.20; clover, $1.10®1.25. Dressed poultry—lrregular; turkeys. 25® 46c; chickens. 20® 42c: capons, 30® 46c: fowls, 14® 34c; ducks, GQ®23c; Long Island ducks, 24c. Live poultry—Quiet: geese. 10@l5c; ducks, 12 ®27c: fowls, 26®32c: turkeys. 20@25c; roosters. 16c: capons, 35c: broilers, 20® 50c. Cheese—Quiet; State milk common to special. 27028 c: young Americas. 25% ®2Bc. Butter —Easy: receipts. 20.119; creamery extras, 44c; special market, 44% @4sc. Eggs—Quiet: receipts. 14,938; nearby white fancy, 31® 33c; nearby State whites, 25® 30c: fresh firsts, 2314® 25c; Pacific coast, first to extras, 28®35c; western whites, 2502814 c: nearby browns. 29@32e. Potatoes—Long Island, $505.25; southern, $2.50 07: Maine, $4.6005.75: Bermuda, ss@B. potatoes —Jersey basket, [email protected]; southern basket, $1.2501.75; southern barrels. $3.50. fill United Press CHICAGO. May 10.—Butter—Receipts. 17,383; creamery. 40 0 41c; standards, 40 )io; firsts. 36 %@3B %c: seccgids, 34 (a: 35 He: extras. 41%c. Eggs—Receipts. 41.010; ordinaries, 2002114 c; firsts, 22% ®23c: seconds, 20o; extras. 25% ©26c. Cheese—Twins, 22%c: Americas. 2314® 23%c. Poultry—Receipts,' 8 cars; fowls, heavy 23, light 26: ducks. 25c: spring duoks. 30c: geese. 16c; turks. No. 1. 25c: roosters. 14c. Potatoes—Receipts. arrivals. old 54. new 37; on track, old 213. new 140; in transit, 331; Wisconsin sacked round whites, old $2.70®2.85, mostly $2.76: Michigan sacked russet rurals. $2.75; Montana sacked Burbanks, $3.25 03.50: Idaho sacked russets. $3.50 03.90, mostly $3.76: Texas and Louisiana sacked Bliss Triumphs. $3 0 3.25; Alabama sweet potatoes, $101.60.

In the Sugar Market

(By Thomson & McKinnon) NEW YORK. May 10.—Buyers of raws here and abroad have apparently satisfied their immediate needs and are showing little interest in forward shipment sugars. Their indifference, however, is no more pronounced than the attitude of sellers who resist every attempt to depress the market and continue to ask 3 % cents. With news scarce and demand light the present unsettlement in futures is not to b wondered at. But this is a temporary condition and I believe it will be followed . pri. _ L..LLL..

New Quotations in Ovine Trade —Calf Market 50 Cents Higher. —Hob Price Ransc — May ' Bulk. Top. Receipts. 3. 0.90 Mil 0.75 10.75 6.000 4. 10.00010.65 10.75 4.500 5. 10.00 010.60 10.65 5.500 6. 10.00 010.50 10.60 6.000 7 9.75 @10.60 10.60 3,000 9. 5.000 10. 0.75 @10.60 10.30 7,500 A fairly active hog market at the Indianapolis stockyards was generally 10 to 15 cents lower on the hundredweight today. Some medium veight and heavy butchers were little changed. Although this was in contrast to he market trend at Chicago, which .vas steady to strong, both live stock centers showed aA earlytop on lorkers of $10.25. It later went to $10.30 here. The bulk of the run aere sold at [email protected]. Estimated' receipts were 7,500, the largest in many days. Holdovers were 200. Hog Price Range Meat animals weighing 160-225 pounds went at [email protected]; 225-250 pounds, $9.75@10; 250 pounds up, [email protected]. Pigs were $10.25 down and packing sows, $S@9. The cattle market was steady to strong. Beef steers were s9@ 11.25; beef cows, $6.50518.75; low cutters and cutter cows, $4.25515.00; bulk stock and feeder steers. [email protected]. Receipts were Y. 400. Veal Higher Calves moved up around 50 cents on the hundredweight. Best vealers sold at $12.50 and other sorts sl2 dowm The run was estimated at 1,100. Prices were steady in the sheep and lamb branch, with a fresh run of 600. A deck of western lambs brought $15.50 and traders were talking $14@16 for spring lambs. Shorn ewes were [email protected]. With top fat lambs at $15.50, bulk fat lambs were [email protected] and bulk cull lambs, $8.50 @ll. This was the first actual market established since Wednesday of last week. —Hobs— Receipts. 7,500; market steady to lower. 90-130 lbs $ [email protected] 130-160 lbs 10.00 010.25 160-200 lbs 10.50 010.30 200-250 lbs 9.75 @lO.lO 250 lbs. up 9.50 @ 9.80 —Cattle— Receipts. 1,400: market steady to stromr. Beef steers $ 9.00 @11.26 Bulk stock and feeder steers 7.25 @ 8.25 Beef cows 6.50 0 8.75 Low cutters and cutter cows. 4.25@ 5.50 —Calves— Receipts, 1,100; market higher. Best vealers SI 1.50 @12.50 Heavy calves 6.00 @ 9.00 —Sheep— Receipts. 500; market steady. Top fat lambs $15.50 Bulk fat lambs 13.00 @15.50 Bulk cull lambs 8.50 @ll.OO

Other Livestock Bit United Press CINCINNATI, May 14). Hobs Receipts. 3,100: holdovers, 500; market steads to 10c lov."r: 150 tu 350 lbs.. $9.25 @9.85; 200 to 250 lbs.. $9.85 @10.30: 160 to 200 lbs., $10.20 010.40: 130 to 160 lbs., $10.30 010.40; 90 to 160 lbs.. $9.25 010640: packing sows. $8.25 @ 8.75. Cattle—Receipts. 300: calves, 450; cattle steady: veals steady; beef steers $9 011; light yearling: steers and hellers. $9011: beef cows. $607.50; low cutters and cutter cows, $4.250 5.50; vealers. $lO @11.50: oulk stocker and feeder Bteers $8.50 09. Sheep—Receipts. 300; market slow, steady: top fat lambs. $13.50; bulk fat lambs. $11013.50: bulk cull iambs. ss@9; bulk fat ewes, $507: bulk spring lambs, sls 018.50. Bu Times fiperial LOUISVILLE. May 10.—Holts Receipts. 800: market steady; tops. $9.90. Cattle—Receipts, 100: market steady. Calves—Receipts. 200: market steady; pood to choice, $8.60 010.50; medium to (food. s6@B; outs. $6 down. Sheep—Receipts, 600; market steady; fed lambs, sl4 ois: springers. sl7 018; seconds. sl4 u( 16; sheep. $7 @7.50. Bit United Press PITTSBURGH. May 10.—Hoes Receipts, 800: market steady to 10c higher: top, $11.10; 250 to 350 lbs. $lO @ 10.35: 200 to 260 lbs., $10.36011; 160 to 200 lbs.. sllO 11.10; 130 to 160 lbs., $11011.1(1: 90 to 160 lbs.. $11011.10; packing sows, $8 0 8.75. Cattle—Receipts, 50: calves. 160; market steady; beef steers. $10011.40 quotable; vealers. sl2 @l3. Sheep—Receipts. 1,000; market slow and lower; wethers, $9; top fat lambs $15,500,15.75: bulk cull lambs. $6010; bulk spring lambs. sl4@lß. Bit United Press EAST BUFFALO. May 10.—Hogs—Receipts, 300: holdovers. 597: market steady: 250 to 350 lbs.. $10010.65: 200 to 250 lbs., $10.50 010.90: 160 to 200 lbs., $10.75011: 130 to 160 lbs.. $10,85 0) 11.10: 90 to 160 lbs., $11011.25: packing sows. $0 09.25. Cattle—Receipts, 60; calves 150; market steady; calves 60c higher; vealers. $12.50 013. Sheep—Receipts, 100; market nominal; bulk fat lambs $15.50 0115.75; bulk cull lambs nominal, sll @11.50. Bit United Prei^ EAST ST. LOUIS, May 10.—Hogs—Receipts. 17; market, steady to lower; 250 to 350 lbs.. $9.3509.75: 200 to 250 lbs.. $9.60010; 160 to 200 lbs.. $9.75010.10: 130 to 160 lbs., $9.35010.10: 90 to 160 lbs.. $9.50@10- packing sows, $8,250 8.60. Cattle—Receipts, 4,500: market, steady to strong; beef steers. S9O 10.75; light yearling steers and heifers $8 0 10.50: beef cows, $8.500 low cutter and cutter cows. $4.26 05.50; vealers. sl2; heavy calves, $6.5008.50; bulk stock and feeder steers. $8 09. Sheep—Receipts, 1,800: market, steady; top fat lambs. $15.50; bulk fat lambs. sls 0 15.oO: bulk cull lambs, $10.50 @11.50; bulk fat ewes. $7 0 7.50. / Bn United Press CLEVELAND, May 10.—Hobs—Receipts, 2,500; market steady; 250-350 lbs.. $10010.40: 200 250 lbs.. $10,400 10.65; 160-200 lbs.. $10.65010.90: 130160 lbs.. $10.75010.90: 90-160 lbs.. $10.90; packing sows, $8.5009. Cattle— Receipts, 150; calves, 400: market steady; beef steers. $9.25 010.25; beef cows. $6.7!> 07.75; low cutter and cutter cows. $4.50 05.75; vealers. sllOl3. Sheep Receipts. 1.500; market steady to weak; top fat lambs. $15.50:/bulk fat lambs. sls@> 15.50; bulk cull lambs, $10.60@12: bulk fat ewes, $6 @7.50. Bu United Press TOLEDO, May 10.—Hogs—Receipts. 1,000; market steady to 10c higher: heavy $9 09.75- medium. $9.50@10: Yorkers. $10.40 011; good pigs. $10.50011. Calves —Receipts, light; market steady. Sheep anpd lamb—Receipts, light: market steady: market steady. Cattle—Receipts, light; market steady.

In the Cotton Market

(By Thomson & McKinnon) NEW YORK, May 10.—Liquidation in cotton was the rule Monday. The theory was that today's map will give the promise of better weather. If it comes the market will not go much lower, in my opinion. Demand is too great and besides the market would look cheap at 15.50 for October. RAINS RUINING ROADS Debris Washed Into Well Causes Health Board Probe. Rains are playing havoc with road construction work of the Indiana highway department. Director John D. Williams today received a report of $4,000 estimated damage by landslide on the Madison tyill on State Rd. 29. Traffic is not being delayed, however, *as a paved detour through North Madison eliminates the hill. Rains at Madison also brought a complaint to Dr. William F. King, State health board secretary. Three hundred wells are said to be in bad condition due to 111th washed into them. A department inspector will

New York Stocks

—May 10— Railroads— Prev. High. Low. 2:00. close. Atchison ..183 181 181 181 % Atl Cst L. . 183 >4 182 % 183% JB3 B&O ... 123% ... 122 % 12.3% Can Pacific 180% ... 180% 180% C& O ... 176% 174 81 176 174% C & NW... 89 88% 88% 89 CRI & P 100% 99% 100% 100 Del A Hud 208% 207% 208 % 210 Del & Lac 164 ... 164 165% Erie 55 % ... 55 55 % Erie Ist pfd 58% 57% 57% Gt Nor pfd 89% 89 89% 8!) Lehigh Val 124 ... 123 123% K C Southn 68 ... 68 57 % L & N ... ... 137% M K & T . . 46% 46% 46% 47' Mo Pac pf 105% 104% 105 104 N Y frat. dSOH 149% 149% 150 N1 NH &H 49% ... 49% 49% Nor Pacific 88% ... 88% SB% Nor &Wn 180% ... 180% 180’! Pere Marq 123% 123 % 123% 122% Pennsy ... 61 % 61 % 61 % 61 Reading .. 117% 115% 116% 116 S Railway 16% 125% 126% 126% 50 Pacific 114% 113% 113% 113% St Paul .. . 15% 15 15J 15 St Paul pfd 25 24% 24% 24 St L&SW 74 % ... 74 ?! 751; St L 4 S F 115 ... ills? :1 " 1 Union Pac 176% . 175% 176% Wabash ... 68 67% 68 68% Wabash pfd 95 ... 95 95 '* Rubbers— Ajax ... x . 10% 9% 10% % Fisk .. . 17% ... 37% 17114 Goodrich . 55% 54% 55% 551. Goodyr pfd 110% 110 110% 110% Kelly Spgfld 22 % ... 22 % "2 % U S Rubbr 52% 51% 51% 52 % Equipment* A C and F 104% 104% i04% 104% iio% 1111% Am Stl Fdy 44% 44% 44 rBald Loco .191% 188 191% 189 Gen Elec.. 98% ... 991? 04 VI II I” ••• 71 :o\ N 5 Airbrk 44% - 1414 4414 Pr Stl Car 64% r.:t% 04 041. Pullman ..179% 177 179 178 ‘ Wsth A B 155% 154% 155% 15? Wslh Elec. 74 73% 7312 -L/ Bet hi? .... 51% 50% 60", 51 ™o. Fuel. 90% 88% 89 80 av , 88 • ■ ms’ifiij is if* gfP S*. • • g . 65% 66 66% 51 Rhef ...126 126 I°7 U S Steel .171% 168 171 168% Alloy ... T ? Vanadium .43 ... 48 48 * Mof#rs— Am Bosch ... Chandler . 25 25 Chrysler .. 44 ... 4311 441. COll Mot... 12% ..! 12 I*% Dodge .... 21% ... 20*; •>{% Gabriel ... 41% 40% 40% 41 Gen Mot.. 197% 194 % 197% 195% Hudson .. 84% 83% 83% 84'. Hupp 21% 21% Jordan ... 19 . . 19 101' Mack .... 115% 113% 115 135 Mar Par.. 18 ... '* 18 17% Moon c (L N ash .... 63 % 63 % •63 *, 63 % 4 Packard ... 35.% .. . i;. 35 iu Peerless . . 25 ... 25 * Pierce-A rr.. 15 % 15 t: 1H 1 1 Studebnker. sml 531. 54 u Stew War.. 63%* ...* 63 3* 63 Timken ... 92 ... 91% l Willys-Over. 20% ... "0% -*O% White Mot. 48% ... 48% 48% Mining— Am Smelt 150 149% 149% 150% Anaconda . 46 46 46 46 Cer De P.. 61% 60% 61% 61% Inspir . . . . ]8 ?„ Int Nick... .58% 57% 57% 67% Kennec ... 64% 64% 61% 64% Tex G&S 63 % 63 % 63% 63% U Smelt 37% 37% 37% 37% At Ref ...... ... ... jio Cal Pete... 25% 25% •’•>% 25% Freep Tex. 68% 67% 67% 68% Houston ..121% 117% 120% 117% Indpt Oil., 20% ... 20% 20% Marl C...! 37% 36 37 37% Mid C Pete 30% 30% 30% 30% ga-Am P B 58% ... 58% 58% Pacific Oil. ... ... ii Phil Pete.. 42% 42% 42% 43% Union Oil. 43 % ... 43 % 44 Pure. Oil.. 27 26% 27 27% Ry 1 Dutch . . ... ... 49 % Shell 27% 27% 27% ->7% Sinclair .. 17% ... 17% 17% $ kelly .... 26 % ... 26% 26% S O of Cal 65 . . . 54 u, 551.BOof N J 38% 30 H 3ft S 30 r, so of NY 30% 30% 30% 30% Texas C 0... 47% .. 47 471. Trans Pete. . . ... 4 s Industrials— Adv Rum.... ... . 32 Allis Chaim 109% 108% ioi)% 108% Allied Ch 138% 137% 138% 138 Armour A.. 9% 9 9 9 Amn Can.. 49% 48% 49% 49 Am H-L ... 9 Am H-L pfd . . ~ ’ . 54 Am Safety R 50% . . 7,0% 50 % Am Woof.. 10% ... 19% 19% Central L. . . . ... . 301: Coeo Cola .107 ... 107 107 Cont Car ... ... 95 Cert Proas .... .' ‘ 53 il Dav Chem 27 % ... "7 % 07 Dupont ...214% 241 243% "45% Famous PI 110% 109% 110% 109% Gen Asplilt. 74% 79% 74% 74% Int C Engr 51% 50% 50% 50% Int Paper..so% ... 50 59 Int Harr .167% 164% 166 164% May D Sta. 71% ... 71 % 70 Mont Ward 65 64 64% 65 Nat Lead .194% ... 194% 195 Owen Bot. ... ... SO 1 ; Radio .... 455* . . 4514 Atw . Real Silk. 46 L ... 40% 4 7 Rem Type. 42% 41% 41% 41% Sears-Roeb. 54% 54 54% 541. United Drg 171 % ... 171% 171,’ Univ Pipe. 32% 31% 32% •>■>% ÜBC I P 226 . * 236 " : >7% US In A]. .76 75% 76 754! Woolworth 141% 141% 141% 141% Utilities— a * Am TANARUS& T 165% ... 395 395.A Express 131% ... 131% 132 >2 Am W Wk. 80% 80% 804! 81 Brkly rMan 67 67 67 67% Col G& El 93% .. . 93T, 94 " Cons Gas.. 100.% 100% 100 % 'lOl% Interboro .. 43% ... 43?, 44 No Am Cos.. 48% ... 48% 48% People* G 141 ... 141 140% Phila Cos ... 303 S Gas &El ffl % ... 67 57 Wc A. Un i on 163% Shipping— Am In Corp 46 .... 46 46% Am S & C . . . ... . 4a? Atlantic G. 35% ... 35% 35V In M M pfd 45% 45 % 45% 45 % United Fr ... ... ... 129 % Foods— Am Sugar ... .... ~. . 91 % A B Sugar 20 % ... 20 % 19 ?4 Austin N. ... ... ... 6 Beech N ... . 53 Calif Pkg.. 67% ... 67% 68 Corn Prods 60% 59% 59% 60 % Cuba C pfd 42 % ... 42 % 42 % Cuba A Sug 9 % ... 0 % 25 % Fleischman. 65% 54% 54% 55 Jewel Tea. 64% ... 64% 64% Na Biscuit 130% 133 133 135 Punta Ale ... ... ... 41 % Postum .. 99% 99% 99% 100% WBk (B).. 21 ... 21 21 Tobaccos— Am Sums. 53% 63 63% 53 Am Tob. . 131% ... 131% 131% Am T (B). 130 129% 130 131% Cons Cigars 81 % 80 80 % 82 %

Local Wagon Wheat

Local gTain elevators are paying $1.29 for No. 2, red wheat. Other grades are purchased on their merits.

Commission Row

PRICE TO RETAILERS FRUITS * Apples—Box apples—Wlnesaps, $3 0 3.50; Delicious $4.25. Extra fancy barrel apples—Rome Beauty. $4.50: Russets, $4.50: New York Baldwins, $4.25: Ben Davis, $3.75 @4.50. Fancy barrel apples —Ben Davis, $3.60. Basket apples, 140lb. basket—Rome Beauty, $1.7502.25; Wlnesaps, SIJ76; Baldwins. $1.50; Ben Davis, $1.25. Bananas (jobbing price)—4 05c lb. Grapefruit—Fancy, $4.26. Lemorm—California, $4.25 04.60 box. Limes—California, $3 per hundred. Oranges—Florida Valencias. $4.75® 5.50 crate; California Valencies, $8,750 6.75. '-Pineapples—Cuban, $5.50 crate. Strawberries—Tennessee. $3.50 @ 5. VEGETABLES Asparagus—H. G. fancy white, 60® 90c doz.: green. 75e doz. Beans—Louisiana stringles $3 per hamper. Beets—Louisiana, 82 per hamper. Brussels Sprouts—Fanvy California 30c pound. Cabbage—Mississippi, $6 crate. Carrots—California, $2 bu.; Louisiana, $2 bu. Cauliflower—Crate $3. Celery—Folirad, 3 and 4-doz. crate. $5; Mammoth (washed), $1.6001.75 doz. Corn—Texas, $1.50 bu. Cucumbers—Hothouse. 2 doz., $0.26; southern, $4.50 hamper. Eggplant—FGlorida. $1.50 0 2 do*. Garlic—California 12 %c lb. Kale—H. G., $1.75 bbf. . Lettuce—lceberg, crt., ss.s <f: H. G. hot house, $2.40; 15-lb. basket. Mangoes—Florida peppers, $6 crate; $1.50 peck. Mushrooms—Pennsylvania, 1 % lbs., $1.25. Onions—Texas yellow, T'i.so; Texas whites. $3.75 crate: H. G. green, 45c doz. Onion Sets—Yeellow, $2.75 bu. Parsley—H. G.. 50c per bunch. Peas—California, $4.50 hamper: Tennessee Junes, $3, Potatoes—Michigan whites, 150 lbs.. $5; Russet Burbanks. 150 lbs.. $5.50: Idnho bakers, $4 box: Triumphs. 100 lbs. $4.25; new Florida, $5.56-<b 7.50. Radishes—H. G. long red, 45c; hothouse buttons, 75c. Rhubarb—H. G„ 30c doz. Spinach—Texas. $1.35 bu. Sweet potatoes—lndiana Jerseys. bu. $2; Nancy Halls, $1.50 hamper,

THE INDIANAPOLIS TIMES

Gen Cigars. 58 67% 58 „57% Liggett .. 102% . . 102% Lorillard .. 25% 25% 25% ~e% R J Rey... 122% .. 122% 122% Tob P <B) 101 100% 100% 100% U Cig Stor 91% 90% 91 90 Schulte R S 53 % 53 53 % 53 % LABOR COUNCIL MEETS Duffy Brings Session Scheduled for Washington. American Federation of Labor executive council opened its session here this afternoon in Carpenters’ Brotherhood Bldg., 222 E. Michigan St. The conference, scheduled for Washington, was brought here on invitation of Frank Duffy, second vice president. Officials attending include William Green, president. Washington; Frank Morrison, Washington, secretary; Daniel J. Tobin, Indianapolis, treasurer: eight vice presidents, James Duncan, Quincy, Mass.; Frank Duffy, Indianapolis; T. A. Rickert, Chicago; Jacob Fischer, Indianapolis; Matthew Woll, Chicago; Martin F. Ryan, Kansas City, Mo.; James Wilson, Cincinnati; James P. Noonan, Washington. Copper Copa Kiss? Asks Safety Soard Did a policeman kiss another man's wife? This question confronted the board of safety this afternoon nt the trial of Patrolman William Martin, charged with kissing the wife of John Hubble, 103 N. Bloomington St. Martin was suspended April 19 after he was alleged to have kissed Mrs. Hubble. Mr. and Mrs. Hubble were witnesses at the hearing. Fireman William Petty. Truck Company No. 13. was tried on charges of drunkenness. EX-POLICEWOMAN SUES Mrs. Sara Rodgers Seeks $1,600 Alleged Baric Salary. Sara Rodgers, former policewoman. today opened a second legal battle to obtain salary she alleges is duo her because she was not paid since Jan. 1. She filed n suit for 51,600 Ralary and damages in Superior Court Two. She was one of fifteen policewomen cut from the police department budget Jan 1, who have worked without pay since. Two weeks ago Judge Byron K. Elliott, Superior Court Four, ruled the city should pay, but Don Roberts, assistant city attorney, immediately appealed. Last week Mrs. Rodgers resigned after a quarrel with Police Chief Claude F. Johnson.

Left Enough Shoes to Last A burglar, whose dreams might have visioned enough shoes to Last him for years to come, got “an awful jolt’’ today when he inspected his loot. Unless, of course, he’s wearing a right cork leg which doesn’t require a shoe. Twenty-five shoes all of them samples for the left foot, were in the box stolen from a truck owned by J. fi. Espic, 1514 Central Ave., salesman, parked at the rear of his hime. They were valued at SSO.

Coast Aviator to Start Parris Jaunt SAN DIKGO, Calif., May 10.— Captain Charles Lindbergh hoped to start today in his special monoplane for St. Louis on the first lap of his flight to Paris. Delayed by bad weather for the past week, Captain Lindbergh said he would make every effort to get into the air on his transcontinental flight if conditions are at all favorable. CAPITOL FALL HINTED Northern Chinese Advance on Hankow—Shanghai “Quiet.” Bu United Press SHANGHAI, May 10.—The Northern Chinese army was advancing on Hankow today and observers predicted the capital of the radical Nationalist government would fall within seventy-two hours. Russian personnel officers attached to the Nationalist government were reported to have been captured and shot. In Shanghai, however, conditions were so settled that the curfew law was repealed, permitting the revival of night life after weeks of enforced quiet. CONSUL to splaTlhere Kiwanis Will Hear Address on What Fascism has Accomplished. Dr. YJnceni; Lapenta of Indianapolis, Italian counsul, will address the Kiwanis club at luncheon Wednesday noon at the Claypool. His subject, “What Fascism Has Done for Italy,” will be in answer to an address given recently by Prof. J. Raymond Schultz of North Manchester College. Dr. Lapenta’s knowledge of Italian affairs will enable him to speak with authority in handling a- discussion of the Italian government under Mussolini, dictator of Italy. BOYER GETS PROPERTY The Walter T. Boyer Company, operators of a rent-a-car and drive-it-yourself agency at 38 Kentucky Ave., today leased property at 220 E. New York St. for a long period. Boyer declares that he will remodel the new building Into a modern garage and will operate another agency there. To Visit 12 Cities Twelve cities in the Wabash valley district will be visited by a group of thirty Indianapolis business men. who leave here Tuesday on the Wabash Valley courtesy trip, sponsored by the Chamber of Commerce. The party will return ThursfeZ svening. — x - ~

mm status LARGEST FACTOR IN WHEAT TRADE Government Winter Crop Report to Have Little Market Bearing. Bu United Press CHICAGO. May 10—With the Government report on winter wheat generally regarded as providing no important incentive for a decided stand on either side, traders will base their transactions more on weather condition than anything else. Opening prices were unchanged to lc lower than yesterday’s close. Temperatures over the entire belt are colder following the storms of the last twenty-four hours. Liverpool was a little lower than due. The Government crop report on winter wheat was 3,000,000 bushels less than the private estimates reposed on May 1, and was construed by (lie traders In the main as bullish. Sentiment in corn is divided. As the season advances witli no im-

provement in weather conditions, the lateness in corn planting is attracting more attention. Opening quotations were unchanged to **>c lower than Monday's close. Several local traders, who were bullish on corn last week, were largo buyers yesterday. Oats situation is bullish as viewed by most traders, but the market needs the stimulus of other grains to advance prices. Prices opened unchanged to lower than the previous close. Provisions opened steady. Chicago Grain Table —May 10— WHEAT— Prev. High Low. 12:00. close. May 1.44% 142% 142% 144% July 1.36% 1.35% 1.35% 1.37% Sept 1.34% 1.33 1 33 1.34% CORN— May 79% .79% .79% .80 July 84% .84% 83% .84% Sept 88 .87 .87 .88 V* OATS— May 48% .48% .48% .48?; July 49% 48% .49 .49% Sept 46 % .45% .46 .46% RYE — Mav .... 1.09% 1.09% 1.09% 110% Jul'v l .OH J 06% 1.07 1.08% Sent ... . 100% .99 % 1.00 1 00% LARD— May 12.27 13.25 12.25 July 12.37 12.35 12.35 Sept .... 12.57 12.57 12.57 RIBS— May 13.00 July .... 12.85 ..... 12.85 12.55 NEW PLANE READY F.I-1 Capable of Extreme Heights, at San Diego. Bu United Press SAN DIEGO, Cal.. May 10.—A new type of naval airplane, capable of flying at extreme heights, may be taken into the air soon in an effort to beat anew American altitude record, it was said today. The new plane, FJ-1, will be assigned to flight duty with the new naval enlisted men's squadron here, commanded by Lieut. C. F. Chaplin. WOMAN, 71, SUCCUMBS Mrs. Irene WesTfall to Be Buried at Rushncll, HI. Mrs. Irene Westfall. 71. of 633 E. Maple Rd., died at St. Vincent hospital early today, following and operation. She had been ill about one week. Mrs. Westfall lived with her daughter. Miss Mary Wetfall, a dentist of this city for about nine years. She came here, following the death of her husband, Dr. E. K. Westfall, from Bushnell, 111. He had been a practicing physician in that city forty-five years. Besides the daughter Mrs. Westfall is survived by two sons. Dr. B. K. Westfall, also a dentist of this city and C. C. Westfall of Chicago. Burial will be at Bushnell. 111., /rhursday afternoon. There will be no services here, but friends may view the body at the Flanner & Buchanan mortuary from 9 to 11 a. m. Wednesday.

Escape Death at 42nd Floor Bu United Press CHICAGO, May 10.—Gales, hall and lightning killed eight persons in the Chicago district, a checkup today showed. Eight terracotta setters, working at the forty-second story level of a downtown skyscraper, narrowly escaped death when the wind carried away the scaffold on which they were working. They clutched overhead beams until the wind abated.

LITA HEARING MAY 17 Sensational Parts of Divorce Document May Be Stricken. Bu United Press LOS ANGELES, May 10. —Arguments on a demurrer to MB. Lita Grey Chaplin's divorce complaint, and a motion to strike certain sensational parts of the document, are scheduled to be heard May 17. When attorneys for Charlie Chaplin filed the action last week, Mrs. Chaplin’s counsel asked that the hearing be set for May 9. The request was refused.

FOR FLOOD SUFFERERS Indianapolis Chapter, American Red Cross, asks persons who desire to contribute to the fund for relief of Mississippi River flood sufferers to fill out this blank and forward it with the contribution to: AMERICAN RED CROSS, 100 War Memorial Bldg., 777 N. Meridian ‘St., Indianapolis, Ind. I am sending for the Mississippi Valley Flood Sufferers’ Fund. Name Street City Make checks payable to Frank D. titalnaker, Treasurer.

PART OF PER CENT RETURN TO 4,000 Gold Notes of Consolidated Realty Some Good. Four thousand persons, who held “gold notes” in the Consolidated Realty and Theaters Corporation which went into receivership here in 1923, arc going to get eight-tenths of 1 per cent on their investments, it is announced by George M. Dickson and Fred A. Sims, co-receivers. “And they will be fortunate to get that much,” Dickson said. "This company's affairs were as bad as those of the famous Morton Hawkins enterprises, in which several thousand stockholders were de frauded.” Preferred creditors received full amounts due them. These include governmental taxing units and mortgage holders, Dickson said. In all, the receivers extinguished sl,500,000 in liabilities, he said. After receivership affairs of the company were aired in Federal Court in Chicago, the airing brought jail sentences of five years to F. 11. Gruneber&, Sr., and his son F. H. Gruneberg, Jr., officials of the firm, now serving sentences at Ft. Leavenworth (Kas.) prison.

LITTLE ACTIVITY IN CITY MARKET Tomatoes at 50 Cents Added —Prices Steady. Little activity was nt the city I market today, a normal condition for the early part of the week. \One new commodity was placed on the stands and only one price changed. Home-grown hothouse tomatoes were added to the stock, selling at 50 cents a pound. Green beans dropped to the lowest point of the I season, 15 cents a pound. Other j prices were steady. •KING’ BEN IS ACCUSED Fresno Woman Charges Purnell Broke Up Her Family. Bu ( nited Press FRESNO, Cal., May 10.—Fresh charges of moral irregularities ! against Benjamin Purnell, “king” l of the House of David, were contained in a deposition, sworn to by i Mrs. L. Boschkey, sent today to At- [ torney General W. W. Potter of , Michigan. , The deposition alleges that Pur- | nell attempted improper familiarities with her when she quit the cult at i Benton Harbor, Mich., in 1910, and I that he forcibly separated her from ] her husband and daughter. LUMBERMAN IS DEAD I Bites Wednesday Tor Alexander Porter of Greensburg. ■ Bu Timet Special GREENSBURG, lnd.. May 10,— , Funeral services will be held on J Wednesday afternoon at Greensburg I Presbyterian Church for Alexander j Porter, 65, who died at Martinsville, and whose body was removed to his j home at Hope Monday. Porter was I active in Democratic politics and had i taken part in every campaign since I his youth. He had served as city 1 treasurer here and was chairman of I the central committee several times, j He was a member of the lumber firm j of Torter & Pulse. GAS TO 19.2 CENTS Independent Companies Follow Ixad of Standard. Motorists of eleven middlewestern I t'tates, Indiana among them, bought ! gasoline today at a price reduction I of 2 cents from the price of the last j few months. j The present price here is 19.2 I cents for low test and 22.2 cents for j high test gasoline at filling stations. Kerosene took a drop of 1 cent, j bringing it to 13.2 cents. I The reductions were announced by ! the Standard Oil Company (Indiana) : Monday and independent - oil com- ! panies followed. WINTER WHEAT BETTER I Bu United Press I WASHINGTON, May 10.—Condii tion of winter wheat May 1 was 85.6 per cent of normal, compared with 84.5 April 1 and 84 per cent May 1, 1926, the Agriculture Department announced Monday. Production of winter wheat for 1927 was estimated at 593,940,000 bushels, compared with a crop of 626,929,000 bushels last year. There were 3,550,000 acres of winter wheat abandoned, leaving 37,801,000 acres for harvest. —' Naval Meet June 20 Bu United Press LONDON, May 10. President Coolidge's naval limitations conference has been scheduled to convene at Geneva June 20, it was said authoritatively today. Japan and Great Britain have accepted invitations to confer with representatives of the United States.

These Two Appear in Local Play

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Miss Alberta Seifert, 1919 Hoyt Ave., and Lawrence H. Wise, 1045 Harlan St., have leading parts in the play, “An Early Bird,” to he presented Wednesday night by the Victory Memorial Methodist Protestant Church In flic .Manual Training High School auditorium.

I.P.&L OFFERS PROPERTY LISTING Tax Board Must Investigate First, Brown Says. President Norman A. Perry and other officials of the Indianapolis Power and Light Company today submitted to the State tax board statements of property, tax valuation of which is to be set by the board. Chairman John Brown announced the valuation could not be determined until the commissioners do some Investigating. The company, created by a merger of the Indianapolis Light and Heat and Merchants Heat and Light Companies last February, was Allowed capitalization of $40,000,000 by the public service commission. PURPLE TO PLAY HOST Quadrangular Meet at Northwestern Saturday—Dedicate Stadium Track. Bu United Press EVANSTON. 111., May 10.—Athletes of Ohio State, the universities of Wisconsin and Chicago, and Northwestern, will dedicate Dyche Stadium track at Northwestern University here. Saturday, in the fifth annua! quadrangular outdoor meet. Lewis, Northwestern, in the weights; McGinnis, Wisconsin, allaround athlete and Burg, Chicago, high jumper, are expected to star. EMPLOYES APPEALED TO Associated Employers Ask \id for Flood Fund. The Associated Employers of Indianapolis today appealed to all industrial plants and comm.-rciul organizai cns to appoint a company i iepresentative to receive contributions from employes for the Red Cross Mississippi flood relief fund. The action followed receipt of telegrams from Secretary of Commerce Herbert Hojver citiog the need.

BABIES SNUB DUCHESS AT CAPITAL’S OPENING Thousands Cheer as Twins Chew Thumbs and Duke of York Inaugurates Canberra, Australia.

Bu United Press CANBERRA, Australia, May 10.— H. Marshall, a former service man, was judged today the hero of the ceremonies during which the Duke of York inaugurated this city as Australia's new capital. Marshall went to the public re-

Gone, but Not Forgotten

Automobiles reported stolen to rolice belong to: Wilbur Miller, 43 W. Vermont St., Ford, from In front of that address. James E. Deery, 4640 Broadway, Bulck, 6004, from Thirteenth and Delaware Sts. A. C. Bernloehr, 5120 Ralston Ave., Chevrolet, 524-439, from Wabash and Delaware Sts. Fred A. Endress, 2115 E. Eighteenth St., Oakland, 639-197, from Brookside Ave. and Rural St. Marion Hunt, 1235 Roosevelt Ave., Bulck, 639-905, from rear of 719 N. Illinois St. A. R. Haines, 3735 Salem St., Hudson, 12-891, from garage in rear. J. B. Whitsett, 838 Wright St„ Studebaker. 565-840. from Senate Ave. and Market St. George Carter, 2016 Ruckle Bt., Ford, 26-131, from East and Market Sts. Ernest Wooten, 329 W. Twelfth St., Grant, from Thirteenth and Missouri Sts.

BACK HOME AGAIN

Automobiles reported found by police belong to: Orion L. Starks, Beech Grove, Ind., Overland, found in Garfield Park. De Witt Bentley, Pittsburgh, Pa., j Chevrolet, found at Indiana Avc. I and Michigan Sts. D. H: Craft, 3223 Washington j Blvd., Ford truck, found in canal at I Roache St. J. L. Rine, 108 E. Thirteenth St., Chevrolet, found in canal at Roache St. Sanford Robinson. 2305 Massachusetts Ave., Gray, found at 30 E. Vermont St. BOARD TO GET REPORTS Three Committees to Appear Before School Body. Receipts of reports from various committees is expected to be the principal business to come before the regular meeting of the Indianapolis school board tonight. The board meeting will follow a meeting of the pension committee at 7:39 p. m. Scheduled to make reports are committees on instruction, building groyfldsj and memorials.

PAGE 11

CITY CORRUPTION s ATTACK PLANNED Rucker to Tell G. 0. P. •What’s What.’ Members of the party displeased with the conduct of other elements, which they blame for corruption within the organization, will plan expansion of tho new deal Republican movement nt a mass meeting I Wednesday night at Tomlinson hall. Alvah J. Rucker, ousted as corporation counsel when he alleged that all was not elenn within the adminNtration. will meeting by telling ‘‘what's what” and explainI ing how the Republican party may lie freed from the grip of corruption, he said. John \V. Becker, president, will discuss the organization program. Mrs. Allen T. Fleming will voice the interest of the women voters In the I movement. Representatives of the barbers’ union will talk. “Faith of Our Fathers Living Still,” official anthem of the new organization, will be sung by the audience. Membership In the movement is open to nil Republicans not in sympathy with the conduct of those in command of Republican adminlstra- : lions in Indianapolis, Marion County and Indiana, officials announced. 'GOOD MORNING’ THIEVES GET JG.BO Filling Station Looted— Man Beaten and Robbed. Bandits instead customers toI day greeted Charles Weilinger, 28, | 829 N. Aulbama St., when lie opened ! the Western Oil Company filling station at State Ave. and Washington St. Weilinger opened the door and two men drove in. One pushed a pistol against Wcllinger’s side and the other looted the cash register of S6.SO. Morris G. James, New Albany, I told police Jie ran out of gasoline at I Blake and Washington Sts. in the | storm Monday night. While he was I stopped three white men came up, ' seized and robbed him, he said. He | first gave his loss to Lieut. O. D. [ Thomas as SIBO, then $165, and | finally SI,OOO. Police said he had I been beaten anil was intoxicated, j Two liquor bottles were found in I the auto. Police arrested him and I held the auto for investigation. * ■ ■ 30 Join B’nai B’rith Thirty candidates were initiated into B'nal B'lith Monday night at i Kirshbaum Community Center. Rab--1 lii Samuel S. Mayerberg, Dayton, Ohio, district president, waa the I principal sjieaker.

! ception at which the duke and duchess received some of the thou- , sands who came here for the lnauI guration. In his arms Marshall carI lied twin boys, four clays old, the first twins born Jru Canberra. Five thousand spectators cheered the father and tho duke as the latter saluted the babies. The duchess bent over the bundle and smiled, but the babies went on sucking their thumbs. The duke and duchess also received many pioneer settlers of Australia, and the duchess planted trees from Kcw Gardens, London. It wax estimated that 170,000 words descriptive of the inauguration were telegraphed yesterday. New Wave Lengths, Plan Bu United Press WASHINGTON. May 10.—Virtually all radio broadcasting stations will be assigned new wave length* under the general reallocation plan of tho Federal Radio Commission, Commissioner A. H. Bellows announced today, Tho reallocation will bo completed in about three weeks. Woman Jury Foreman Bu United Press NEWTON, N. J., May 10.—For the first time In the history of New Jersey, a woman was selected as foreman of a murder jury when Mrs. Ethel Do Pue was chosen as the first juror in tho trial of Frank Van Sickle for the murder of Edward Raser, which started today.

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DRESS-UP ON Liberal Credit THE HUB . 139 w. Washington stuff r

Guaranteed House Paint sl-85 All ’Colors X A Gal. Diamond Salvage Cos. 41 Mouth Illinois St. 44

“The Bargain Cornet of IndlaaapolU"

Cor. Washington and Delaware .ft*.